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Email this10:09 am
February 20, 2013
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I just wanted to thank the person who first mentioned the ability to purchase a 35 month GIC with Motive at the 2 year interest rate. (versus 36 months at 3 year rate). I searched the site without finding who that was.
1:57 pm
January 12, 2019
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.
A '35' Month GIC @ Motive ?!
I looked, but I can't find it ➡ https://www.motivefinancial.com/en/rates .
- Dean
" Live Long, Healthy ... And Prosper! "
2:18 pm
September 24, 2019
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Dean said
.
A '35' Month GIC @ Motive ?!I looked, but I can't find it ➡ https://www.motivefinancial.com/en/rates .
Dean
You have to go into your account with them. Look under "account services"
then "term deposits" From there you select the GIC and the term that you want.
So 24 months to 35 months and so on.
2:22 pm
September 30, 2017
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frugal lady said
I just wanted to thank the person who first mentioned the ability to purchase a 35 month GIC with Motive at the 2 year interest rate. (versus 36 months at 3 year rate). I searched the site without finding who that was.
Thank poster #39 in this thread. A 2nd poster also mention this feature in a later post ... I was benefited as well.
2:42 pm
January 12, 2019
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Alexandra said
You have to go into your account with them. Look under "account services"
then "term deposits" From there you select the GIC and the term that you want. So 24 months to 35 months and so on.
- AHA ❗
Thanks Alexandra.
I'm still kinda new to Motive. 
- Dean
" Live Long, Healthy ... And Prosper! "
6:44 pm
September 5, 2023
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Dean said
AHA ❗
Thanks Alexandra.
I'm still kinda new to Motive.
Dean
BTW it not ONLY Motive that has a range for a term.
Another FI that provides a range for a specified GIC rate is BMO
e.g.
4 years - under 5 years 5.35% (48 months-59 months by my understanding)
https://www.bmo.com/main/personal/investments/gic/gic-rates/
And yes, thank you to the original posters who pointed this out.
It is a valuable learning from this forum.
8:54 am
January 10, 2017
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Has anyone taken advantage of the Motive GIC offer where the Interest can be paid out monthly? If so, is the monthly Interest equal to Annual rate/365*days in month.....or is it less due to being paid out monthly instead of yearly.
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