March 30, 2017
If you have an outstanding GIC with Wyth, they will allow you to redeem early with no penalties at all. Its an unadvertised "special". The rational is some (like me lol) told them they do not want the hassle to deal with the principal and interest at maturity after they officially close all Wyth accounts. So as a courtesy they will redeem the GIC early if you ask.
Dont abuse it but at the same time get it done sooner rather than later. Once they officially announce how they will handle outstanding GIC, it may not be doable (my pure speculation, dont quote me on it).
And of course by early redemption the released funds can be .... which can be worth ... 🙂 You can fill in BF purchase in the blanks lol
July 9, 2020
Thank you for the heads up on this. I called Wyth and this was initially not presented to me as an option. However, I asked about early redemption, and the CSR confirmed that that could be done with applicable interest to current date, at no cost or penalty, going into the Wyth HISA and then I could transfer out. 🙂