HISA changed from 1.30% to 1.20% | LBC Digital | Discussion forum

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HISA changed from 1.30% to 1.20%
April 12, 2021
5:49 am
hwyc
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Effective as of close of business on April 11, 2021, the annual interest rate for the LBC Digital High Interest Savings Account (HISA) on deposits up to and including $500,000 will change from 1.30% to 1.20%.

*Rates as of close of business on April 11, 2021.

However, their GIC rates reach 2.00% again.

April 12, 2021
8:28 am
Pythagoras
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hwyc said
Effective as of close of business on April 11, 2021, the annual interest rate for the LBC Digital High Interest Savings Account (HISA) on deposits up to and including $500,000 will change from 1.30% to 1.20%.

*Rates as of close of business on April 11, 2021.

However, their GIC rates reach 2.00% again.  

GIC rate of 2% for 5 years only.

April 12, 2021
10:27 am
zooweemama
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Down , down, this account rate is going down! sf-surprised

April 12, 2021
1:21 pm
Alexandre
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hwyc said

However, their GIC rates reach 2.00% again.  

It is for 5 yr. GIC. I expect 20% interest on regular Savings account in 2026 at all major banks, and dozen of eggs going for $50 in Walmart, with coupon.

With that in mind, I'll pass.

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