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Tangerine GIC's Drop

November 16, 2023
9:36 am

dougjp

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They are no longer seriously in the market, it seems. Only 5.25% for 1 year, and a near the bottom of the pile 4.2% for 2 years. sf-frown

My memory's not as sharp as it used to be. Also, my memory's not as
sharp as it used to be.

November 16, 2023
10:39 am

Dean

Valhalla Mountains, British Columbia

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It's all part of the normal Ebb & Flow of GIC rates. And a good indication that Tangerine's need for more GIC Moolah has dropped off quite a bit.

It also helps to keep Tangerine down near the bottom of the Chart ...(https://www.highinterestsaving.....gic-rates/) ... where they usually live. sf-smile

Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

November 18, 2023
7:27 pm

BlueSky

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18 months rate also dropped to 5.30%.

November 19, 2023
5:26 am

savemoresaveoften

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Tang has offered super rates and then dropped it as quickly at least once or twice in the past year. But thanks to this forum, I was able to take advantage of it!

November 19, 2023
11:01 am

Dean

Valhalla Mountains, British Columbia

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That's ⬆ one of the many reasons a lot of us here, monitor this site on a daily basis.

Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

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