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Email this11:48 am
September 24, 2019
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All rates coming down with Oaken effective tomorrow Saturday 21 Dec.
I received their e-mailed new rates yesterday morning, but don't see them posted here yet.
Savings to 3.0%
One yr GIC 3.75%
Two yr GIC 3.95%
Three yr GIC 3.65%
Four yr GIC 3.65%
Five yr GIC 3.70%
11:56 am
November 3, 2022
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Sometimes, Oaken gives a week's notice of rate changes. But this time, they are moving faster, even changing the rates over a weekend.
I am lucky to have had a big GIC mature today, allowing me to reinvest funds at the "old" rates just ahead of the drop.
12:48 pm
September 24, 2019
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Rail Baron said
Sometimes, Oaken gives a week's notice of rate changes. But this time, they are moving faster, even changing the rates over a weekend.I am lucky to have had a big GIC mature today, allowing me to reinvest funds at the "old" rates just ahead of the drop.
Yes that is nice when that happens. It feels like you are receiving a gift! 
5:42 pm
November 8, 2021
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According to the email, savings is going down to 3%, all other registered accounts remain unchanged, including TFSA. 3.40% is the current rate for TFSA in the SA chart.
From the email:
Savings Account: 3.00% (currently 3.40%)
TFSA, RSP, Spousal RSP Savings Account rates will remain unchanged at 3.40%.
7:10 pm
April 20, 2019
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Why would they selectively drop the non registered savings account rate only???
9:57 pm
February 16, 2013
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suburbs4life said
Why would they selectively drop the non registered savings account rate only???
Possibly because new contribution room for TFSAs is available January 1st and RRSP season will also be upon us soon. They are simply trying to earn your business during a very competitive time of the year.
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