GIC decrease effective 2020-03-02 | Motive Financial (formerly Canadian Direct Financial) | Discussion forum

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GIC decrease effective 2020-03-02
March 1, 2020
11:29 pm
Cheren
ON
Member
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Forum Posts: 3
Member Since:
December 12, 2019
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Looks like GIC rates are down again

Link: https://www.motivefinancial.com/Rates/

Motive™ TFSA GICs1,4 (Rates effective 2020-03-02) Rates
12 Month Term 2.16%
24 Month Term 2.21%
36 Month Term 2.26%
48 Month Term 2.31%
60 Month Term 2.41%

Their regular TFSA is still advertised at 2.4% but these new GIC rates have me wondering if the 2.4 is going to get cut too

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