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Email this6:53 am
April 6, 2013
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Just checked this morning. Hubert Financial has increased the rate on their Happy Savings account to 1.85%.
7:54 am
February 16, 2013
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Thanks for the update Norman. I am somewhat surprised that Hubert did not send out an email to its customers advising of this increase, as is their way. 
8:10 am
July 31, 2012
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They did, just came in @10:53 EDT
8:16 am
February 16, 2013
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You're right - just got it also!
8:49 am
December 20, 2016
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From email received today:
Hello Hubert members,
Great news; rates are going up! Starting today, our happy savings rate is increasing to 1.85% which means more saving for you! Our daily savings rate applies to all our daily savings products including TFSAs, RRSPs, and RRIFs.
The great news doesn’t stop here; we’ve also increased our 12 month quarterly interest term rate to an average rate of 2.05%!
Here’s the breakdown of what you’ll earn each quarter:
• The first three months: 1.90%
• Months four to six: 2.00%
• Months seven to nine: 2.10%
• The last three months: 2.20%
11:25 am
October 21, 2013
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So, while the Bank of Canada rate went up 0.5% recently, Hubert is putting its one year rate back to where it was last Spring!
7:13 pm
December 1, 2016
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This is the 3rd rate update in 1-2 months, should we be worried? I mean, it a lot of increase in such a short time.
7:55 am
April 6, 2013
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It doesn't seem like a lot of increases from Hubert.
Their previous two rate updates (July 31 and September 8) were for their longer term (2+ year) term deposits.
The latest rate update is just for their Happy Savings account and their cashable 12-month term deposit. Those two were, for some reason, not included in their September 8 update.
I did move lots of my money out of Hubert. It was because I was offered better savings account rates elsewhere.
PC Financial savings account is 2½% until October 31. EQ Bank is 2.3%. RBC eSavings offered 2.15% until December 1. In contrast, Hubert's Happy Savings account was just 1.7%.
2:18 pm
December 1, 2016
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Norman1 said
It doesn't seem like a lot of increases from Hubert.Their previous two rate updates (July 31 and September 8) were for their longer term (2+ year) term deposits.
I'm pretty sure the the quarterly 1 year term was also updated on Sept/8th.
Norman1 said
The latest rate update is just for their Happy Savings account and their cashable 12-month term deposit. Those two were, for some reason, not included in their September 8 update.I did move lots of my money out of Hubert. It was because I was offered better savings account rates elsewhere.
PC Financial savings account is 2½% until October 31. EQ Bank is 2.3%. RBC eSavings offered 2.15% until December 1. In contrast, Hubert's Happy Savings account was just 1.7%.
Yea, I had my money at Achieva (1.7%) until gotten the Tangerine (2.97%) summer promo offer, but if I don't end up getting a fall promo offer, then I'll likely divert my money to Hubert instead of Achieva as I was originally planning.
12:50 am
October 21, 2013
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I'm pretty sure the one-year rate was NOT increased on Sept 8, as I was waiting and watching for it and was disappointed that they didn't increase it earlier.
I am not worried about Hubert particularly. That one-year rate, as I said, is still low considering that it is the same as when the bank rate was .5% lower than it is now. And that increase of .15 on the HISA rate does not come close to the BoC's .5
I don't think they're anywhere close to giving away the farm.
As Norman pointed out, they have had several announcements but each rate has only been adjusted once.
