GIC Rates Drop | Peoples Trust | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS sp_TopicIcon
GIC Rates Drop
March 23, 2023
7:18 am
GR
Member
Members
Forum Posts: 641
Member Since:
September 15, 2017
sp_UserOfflineSmall Offline

1 yr. and 2 yr. GIC rates drop to 5.00%.

(source: Cannex)

Peoples Trust 1,000 5.0000 5.0000 4.8500 4.6500 4.5000

March 23, 2023
7:26 am
savemoresaveoften
Member
Members
Forum Posts: 2932
Member Since:
March 30, 2017
sp_UserOfflineSmall Offline

GR said
1 yr. and 2 yr. GIC rates drop to 5.00%.

(source: Cannex)

Peoples Trust 1,000 5.0000 5.0000 4.8500 4.6500 4.5000  

Thanks for the update. So much for 2y 5.3%.... damn

March 23, 2023
7:46 am
RYAN
Member
Members
Forum Posts: 29
Member Since:
May 18, 2016
sp_UserOfflineSmall Offline

Fortunately I took PT's 2-year GIC TFSA last week at 5.3%.

March 23, 2023
9:12 am
hwyc
GTA
Member
Members
Forum Posts: 1189
Member Since:
September 30, 2017
sp_UserOfflineSmall Offline

Hopefully their staff now have time to catch up the backlogs and be responsive.

March 23, 2023
9:18 am
Rail Baron
Member
Members
Forum Posts: 282
Member Since:
November 3, 2022
sp_UserOfflineSmall Offline

I filled out the application for a Peoples Bank GIC yesterday (online) at 5.3%.

When I talked to an agent on the phone to determine a few details about applying for a PB account when I already had PT account, there was no hint of a rate change in the offing.

It will be interesting to see whether they honor 5.3% rate, since the account won't get funded until next week.

Please write your comments in the forum.