[ERROR] motusbank Raises GIC Rates | motusbank | Discussion forum

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[ERROR] motusbank Raises GIC Rates
September 27, 2019
7:06 am
GR
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Peter,

Please delete this thread and revise the rates on your GIC chart. Their website earlier this morning showed new higher rates, but their website now shows the same lower rates as yesterday! A CSR was unable to explain!

September 27, 2019
8:40 am
3oakwest
Ontario, Canada
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I just checked their website and it still shows 2.25 for 1 year GIC.
As well, the other terms are lower.

September 27, 2019
1:07 pm
3oakwest
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Peter

I just called motusbank and the rates that are currently posted on the GIC chart are incorrect.
They have not raised their rates.

Current rates are:
1 yr. 2.20
18 mo. 2.25
2 yr. 2.30
3yr. 2.35
4yr. 2.40
5 yr. 2.55

September 27, 2019
3:13 pm
Peter
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Thanks. They must have had a glitch in their system, as that appears to be the same rates they had on April 1.

September 27, 2019
3:33 pm
doug
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More Motus Bank ineptitude! 🙁

Cheers,
Doug

September 27, 2019
10:04 pm
Loonie
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I wonder if anyone was able to take advantage of it during the short time it was advertised.

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