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Short-Term (< 1 year) GIC chart
July 19, 2022
1:25 pm
iotama
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(Maybe it's already there, but I haven't found it.)

As the title suggests, would you consider adding columns to the GIC Chart with those of the maturity less than a year too, please?

Would be especially useful in these times.

Thank you very much.

July 19, 2022
1:39 pm
blake
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Oaken has
Hubert has
Itrade has

July 19, 2022
1:59 pm
Peter
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July 19, 2022
7:57 pm
co
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blake said
Oaken has
Hubert has
Itrade has  

Everything other than Hubert's quarterly seems not worth exploring as they are just worse than no term HISA promos (e.g. DUCA).

Another option is Scotia Momentum Plus 90 days if you are willing to figure out their rules.

July 20, 2022
4:41 am
savemoresaveoften
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con6450 said

Everything other than Hubert's quarterly seems not worth exploring as they are just worse than no term HISA promos (e.g. DUCA).

Another option is Scotia Momentum Plus 90 days if you are willing to figure out their rules.  

agree, other than those special 1y redeemable rate, all the other <1 year GIC are at/lower than HISA rate. Not worth a look.

October 4, 2022
12:33 pm
jonf
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Peter said
Here's the most recent discussion on the topic: https://www.highinterestsavings.ca/forum/site-suggestions/add-eq-banks-15-month-gic/  

Peter said
Thanks for your suggestion.

This is somewhat related to a couple of discussions on 18-month and other odd-term rates:

https://www.highinterestsavings.ca/forum/site-suggestions/18-month-gic-in-gic-chart/
https://www.highinterestsavings.ca/forum/hubert-financial/apr-22-savings-1-7-and-gic-increases/#p71824

.... Eventually I found the time to write a big script that reads the rates every day. It's worked out pretty well in terms of running itself, but it does require maintenance whenever a financial institution changes its website

.....

Recently, a kind forum member sent me the spreadsheet they manually maintain for odd-term GIC rates. For nationally available, non-broker rates on that list that have more than one financial institution, it was only the 18-month term, and there were only three in that case. I was hoping some of the odd-terms would be more widely offered, in which case I could incorporate them into some automated tables.

Technically even the odd-terms GIC rates could be automated. But the truth is that for now, I'm afraid of it ballooning into something I cannot manually maintain.  

To minimize your time to manual update you could send a notification email every time an odd-term rates web page change, and let a volunteer do the update for you. If it is too much work for one member, this can be dispatched to multiple members.

The only programing you will have to do (besides the display of the tables) is to recognize a change, send a notification email with the link of the page and then automatically update your table from the reply email of the member. A simple xml like format should be defined for the replying email to minimize the programing effort. Or if it is simpler for you, have the volunteer directly add the new rate via the highinterestsavings.ca website.

Another suggestion is to also track the 3 types of account (Non-Registered, RRSP and TFSA) and have the option to selection between them in the GIC chart.

If this is something that you are willing to do, I'd be happy to update the institutions I am currently following (Oaken, Tangerine, PeoplesTrust and motusbank). I might also follow AcceleRate and Achieva in the future.

Please write your comments in the forum.