GIC Rates Drop Aug. 18 (1 yr. now 1.85%) | LBC Digital | Discussion forum

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GIC Rates Drop Aug. 18 (1 yr. now 1.85%)
August 18, 2020
6:42 am
GR
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New lower GIC rates effective Aug. 18, ranging from 1.85% for 1 yr. to 2.15% for 5 yrs.

https://www.lbcdigital.ca/investing/guaranteed-investment-certificates#gic-rates-table

September 22, 2020
5:21 am
hwyc
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New lower GIC rates as of September 21, 2020 ... 1yr @ 1.55% ... 5yr @ 1.75%

September 22, 2020
8:33 am
Alexandre
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Was just a week away from moving money to LBC to buy their GIC at previous rates. Well, less money for LBC from me, then.

September 22, 2020
9:27 am
topgun
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Alexandre said
Was just a week away from moving money to LBC to buy their GIC at previous rates. Well, less money for LBC from me, then.  

If you call them they will probably hold the rate for many days. I did this once. The CU said they would hold rate for 30 days. I transferred money in 15 days later.

Have a Great Day

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