4 and 5 years: 3¼% | Motive Financial | Discussion forum

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4 and 5 years: 3¼%
March 26, 2022
9:37 am
Norman1
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Canadian Western Bank has raised the rates through their Motive Financial channel.

3¼% per annum on their four- and five-year GIC's.

March 26, 2022
9:56 am
hwyc
GTA
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1yr 2.30% is pretty damn good.

March 26, 2022
10:42 am
Loonie
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12 Month Term
2.300%
24 Month Term
2.950%
36 Month Term
3.150%
48 Month Term
3.250%
60 Month Term
3.250%

March 26, 2022
11:51 am
GR
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Reminder: Clients age 57+ can request GIC interest payable monthly at the same rate as annual.

Note: They have not increased their savings account rate, which is not competitive at 1.10%.

March 26, 2022
12:51 pm
Loonie
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GR said
Reminder: Clients age 57+ can request GIC interest payable monthly at the same rate as annual.

That's good info to have. I did not know that, or had forgotten - in contrast to Oaken which reduces the rate for monthly withdrawals.

March 26, 2022
1:46 pm
Alexandra
British Columbia
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Loonie said

GR said
Reminder: Clients age 57+ can request GIC interest payable monthly at the same rate as annual.

That's good info to have. I did not know that, or had forgotten - in contrast to Oaken which reduces the rate for monthly withdrawals.  

That is good to know. CIBC does as well. Thanks for the info.

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