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Destination account for GIC interest
November 24, 2025
3:35 pm
janway
Newbie
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Forum Posts: 1
Member Since:
November 24, 2025
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With Motive, the interest from my GIC's was transferred automatically to my Savvy Savings Account. Is that how it will work with the Progress account?

November 25, 2025
7:23 am
hwyc
GTA
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Forum Posts: 1403
Member Since:
September 30, 2017
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You got me worried & I cannot see too many details on the GIC after my sign-in, so I call to confirm ... ~20 min in queue on this Tuesday morning

My 23-month term interest is still paid monthly as before to the new Progress account. The maturity date & instruction on Motive side is propagated correctly as well.

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