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Email this1:29 pm
March 15, 2019
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Not sure if it is targeted and/or new money only.
Terms
1 year
18 month
2 year
3 year
4 year
5 year
Rates
2.08%
2.18%
2.28%
2.68%
2.78%
3.18%
1:35 pm
January 11, 2020
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Till March 1st
2:00 pm
September 30, 2017
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2:40 pm
October 21, 2013
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These rates all looked very good when they first came out a month ago, but they have all since been exceeded by other FIs - including by WealthOne itself through deposit brokers!
3:14 pm
January 11, 2020
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Does anyone know of a better offer for registered funds? I have a decent chunk due mar 7 with a broker and judging by monarch’s web site I don’t think I’ll be offered anything at or above 3%… which for registered funds would make this the highest offer I know. Wealth one will not hold 3.18 rate if funds mature after March 1st . They did not have a problem with feb 28 and funds xfer by May 1 they would hold a rate if paperwork in March 1. Funds mature mar 2 and they not able to
8:08 pm
October 21, 2013
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As far as I know, you're right; there is nothing above WealthOne for five years registered - today.
Maybe just hang in a bit longer and something might show up. Right now it seems the shorter terms are where the action is, but there is a lot of movement overall.
9:14 am
April 14, 2021
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The GIC brokers are showing 3.2 and 3.3% for 5-yr
9:23 am
January 11, 2020
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But their registered products they offer less rrsp and tfsa
You can see this on monarchs website
You can’t get the 3.3 and 3.2 for rrsp
9:27 am
April 6, 2013
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What are the minimums on those leading rates?
GIC Wealth's site says their 3.2% rate for a five year GIC is minimum $50,000.
Looked on Fiscal Agents site. Their best five-year GIC rate is 3% with a minimum $90,000!
9:30 am
September 15, 2017
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For the past few weeks, it seems that Wealth One Bank has been consistently aggressive in offering highest or almost highest rates WITH BROKERS/AGENTS for non-registered GICs. Does this raise any concern about Wealth One's financial stability?
9:41 am
April 14, 2021
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Why do you feel that Wealth One's use of GIC brokers is an indicator of instability?
W1 might just be using brokers because they are nearing the limit/end of their fundraising plans and want the flexibility to end the program on very short notice; their own advertised efforts may be less responsive.
