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Email this1:08 pm
November 6, 2018
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I just happened to check Hubert's rates this afternoon and noticed that the 1-year quarterly term rate has dropped to 3% from 3.1%. The 2 to 5 year terms have not changed.
3:48 pm
January 12, 2019
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I noticed that rate change too (1 Yr. Term). It's not much of a change (-0.10%), but it may be a hint of more rate cuts to come at Hubert. 
I just locked $50K into their 4 Yr. Term @ 3.55%. It was too good to pass up, especially with all the rate cutting that's been going on by others lately.
Fingers crossed that Hubert won't lower their HISA rate (2.50%) anytime soon.
" Live Long, Healthy ... And Prosper! "
6:05 pm
December 20, 2016
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Dean said
I noticed that rate change too (1 Yr. Term). ......Fingers crossed that Hubert won't lower their HISA rate (2.50%) anytime soon.
Have you considered DUCA's promo rate of 3% until Jan 31, 2020 as a viable alternative to Hubert's 2.5% (or less)?
Stephen
10:27 am
December 12, 2009
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It's important to point out this won't affect existing 1-year quarterly terms, as I confirmed with them previously that when their rates on their 1-year quarterly term rose, I didn't benefit (in future term(s)) in terms of that upside. 🙂
In short, your quarterly rates are locked in for the duration of your 1-year term.
Cheers,
Doug
7:41 pm
October 21, 2013
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It's true the one year rate is locked in, but only as long as you leave it there. At the end of each quarter, you can cash it in and re-invest at new rates, starting again at the first quarter's rate.
I did this 2 or 3 times last year, to take advantage of rising rates. It works as long as the first quarter rate on the new GIC is at least as high as it would have been in the upcoming quarter of the old GIC. If the two rates are equal, it stretches out the usefulness of your GIC. If the new rate is higher, then there is a benefit for the remaining quarter(s).
1:06 pm
January 12, 2019
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Nehpets said
Have you considered DUCA's promo rate of 3% until Jan 31, 2020 as a viable alternative to Hubert's 2.5% (or less)?
Stephen
Thanks ... I'll check into that ^ ! 
" Live Long, Healthy ... And Prosper! "
1:21 pm
January 12, 2019
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Dean said
Thanks ... I'll check into that ^ !
And so it seems, to bank with DUCA I have to be a resident of Ontario ... which I'm not.
No DUCA 3% HISA for me. 
" Live Long, Healthy ... And Prosper! "
2:48 pm
October 21, 2013
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Next best bet for you seems to be Motive's Savvy account at 2.8 , but I wouldn't place any bets on how long that rate will last.
9:36 am
January 12, 2019
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Loonie said
Next best bet for you seems to be Motive's Savvy account at 2.8 , but I wouldn't place any bets on how long that rate will last.
Motive's HISA rate of 2.8% will probably cave soon, and their GIC rates aren't very attractive anymore. I think I'll stick with Hubert Financial.
" Live Long, Healthy ... And Prosper! "
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