Savers Roundup April 2026: When promo hopping pays

US$ GIC | Tangerine Bank | Discussion forum

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May 5, 2026
10:14 am
hwyc
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US$ 1-5 yr GIC range from 4%-4.40%

and C$ only range from 3.5%-3.8%

May 5, 2026
12:23 pm
AltaRed
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Was there a point you wished to make about the difference?

The US Fed rate is 3.5-3.75% vs 2.25% for BoC. The US 5 year bond yield is about 4% vs 3.2% for GoC 5 year bond. It seems to me to be about the right spread.

May 5, 2026
2:33 pm
hwyc
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Saving is an art. What else do you see here?

Yes. I have been noting the C$ U$ differences on several posts now.

(On 2nd thought) Yet among the banks/CUs on the GIC comparison chart, I don't know how many offer U$ GICs. Therefore, the flip side of my question ... What else is missing? Why?

May 5, 2026
4:08 pm
AltaRed
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hwyc said
Saving is an art. What else do you see here? 

Nothing that has been known by everyone(?) for many months I suspect. Hence the reason I asked the question, i.e. is there something new you wished to inform the forum on to dedicate a thread to?

P.S. The discount brokerages have similar CAD-USD GIC yield spreads

May 5, 2026
7:41 pm
hwyc
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It would seem the Tangerine US$ GIC is a dead end to me because I want to allocate these under TFSA.

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