Log In
Register
Home
Topic RSS
Facebook
Twitter
Email this3:18 pm
March 30, 2017
Offline
The 1 to 5y 5.28% offer good till Mar 1 now looks a lot more appealing given whats going on by FIs reducing rates.
3:58 pm
December 26, 2018
Offline
I decided to go with 5 years 5% with Meridian.
6:42 pm
April 14, 2021
Offline
Canadianbull said
I decided to go with 5 years 5% with Meridian.
Why did you forgo the 5.28% from WealthOne?
7:10 pm
December 26, 2018
Offline
Peace of mind. I don't want to deal with wealth one right now.
8:20 pm
November 19, 2022
Offline
Canadianbull said
Peace of mind. I don't want to deal with wealth one right now.
You don’t trust in CDIC coverage? 
10:31 am
September 7, 2018
Offline
I thought I had noticed a posting by someone on the Scotiabank Lunar New Year GIC rates. but I can't seem to find it. Can anyone tell me the Scotiabank special Lunar GIC rates? The Scotia site talks about lunar specials but there are no rates indicated for such. Thx.
10:48 am
April 14, 2021
Offline
I looked, too, and all their site would say was 'call us'.
11:03 am
April 6, 2013
Offline
It was this post:
LJT said
Scotiabank Lunar New Year bonus rate GIC 388 days at 5.2%.
12:47 pm
September 7, 2018
Offline
5.2% - Thanks - not bad for a big bank.
iTrade offers Scotia one year GIC @ only 4.90%. All GICs on iTrade are now under 5%. For sure, the lunar special won't be available on iTrade.
8:15 am
April 6, 2013
Offline
That's not surprising as Scotiabank doesn't offer 388-day GIC's through their advisor deposits channel. It would have to be either one year or two years.
The promotion is likely a marketing promo from their Scotiabank branches and not from the treasury of Bank of Nova Scotia.
9:22 am
March 30, 2017
Offline
It’s designed for face to face interaction so their advisors have the opportunities to sell more products.
7:06 am
December 26, 2018
Offline
So, in order for you to open a GIC with wealthone. Do you need to call and ask the representative to open it for you because I see there is no online option for you to open the GIC on your own.
After you open GIC investment account will it be showing online with all the details?
7:31 am
December 26, 2018
Offline
After I log in I see 5% for 5 years why?
7:46 am
September 11, 2013
Offline
Online you select Account Services, allows you to buy a GIC and then everything shows up just fine if you select the right options.
9:17 am
December 26, 2018
Offline
Thanks Bill. I can see it now. Now I'm thinking about going with wealthone for 5.28%. My gic with Meridian was not going to open till Wednesday morning so I told them to wait and secure 5% for 30days. Now I have time to look into this. Recommendation is not to go over 100K including the profit?
10:01 am
September 11, 2013
Offline
I wouldn't exceed CDIC limit with this bank, it's been pointed out here a few time they've been losing money since day one. At 5.28% you can buy a $94,980 1-year term GIC and still be a few bucks under the limit in a year, if that's the term you're looking at.
10:22 am
October 21, 2013
Offline
If you choose annual pay, you can put in more capital - so that a one year is the same investment as a five year..
11:06 am
December 26, 2018
Offline
I am looking for 5 years term.
2:02 pm
December 26, 2018
Offline
Wealthone offered both registered and non registered accounts right?
3:34 pm
October 21, 2013
Offline
Canadianbull said
I am looking for 5 years term.
I don't know how much you want to deposit, but if you ask for annual pay, you can put in up to the amount Bill suggested for one year as you will be removing the interest annually.
When I bought from them a while back, you had to call them and ask for the annual pay.
Please write your comments in the forum.