Exclusive Online Offer - Give yourself the gift of a 29 Month GIC at 3.75% | Oaken Financial | Discussion forum

Just got this too. The details below. It's a nice offer.

End the year on a high note - for a limited time, enjoy a 3.75%+ annual interest rate on a 29 Month registered or non-registered GIC, exclusively at Oaken Digital.
Purchase a GIC

Here’s what you need to know:

The promotional offer* is available until December 3, 2025.
Offer valid exclusively for personal customers who open a 29-month GIC through Oaken Digital.
Rates and offer details are subject to change without prior notice.
Terms and conditions apply. See here for more details.

Received this offer as well.

Just purchased a 3yr GIC with them on Nov 11th (3.6%)

Have three coming due between 21 Nov and 3 Dec.

Also one on 4th of Dec. Have to think this all out. Change a bunch of maturity instructions etc.

Rail Baron said
Any thoughts about the term length of this offer? Why 29 months? I've never seen a GIC with this term before.  

Maybe trying to attract past Canadian Western Bank customers. CWB offered "special term, special rate" GICs all the time. If you check their website you can see that they're still there for 13 and 29 month terms. Why? I don't know, that's beyond my knowledge.

Admin - add to GIC promo page?

Many people must have bought these GICs at the end of the promo. I booked one online on Nov. 30, and it is still noted as "processing" as of tonight.