Luminus CU in ON have 2.5% 2 years GIC special | GIC discussions | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS sp_TopicIcon
Luminus CU in ON have 2.5% 2 years GIC special
July 22, 2015
7:48 pm
Jon
Member
Members
Forum Posts: 435
Member Since:
August 9, 2014
sp_UserOfflineSmall Offline

Seems like people are now rushing to get higher rate after interest cut. I think you can still try their special offer GIC, although they have change the maturity from 18 month to 2 years while keeping the same rate. They also seems to let you open an account online, although I am a bit confuse as they seems to force people to open a chequing account that only have service fee waived when you have direct deposit into it. The deal also seems to apply to register account, although the agent I talk to doesn't seems to understand are there fees for withdraw (there are fees on transferring amount to another institution).

July 23, 2015
6:13 am
Brimleychen
Member
Members
Forum Posts: 258
Member Since:
September 5, 2013
sp_UserOfflineSmall Offline

If you want more, then take a look PACE Credit Union.

They have 3.01% p.a. GIC. However, you need to pay $175 for credit union share.

July 23, 2015
7:30 am
Norman1
Member
Members
Forum Posts: 7138
Member Since:
April 6, 2013
sp_UserOfflineSmall Offline

With Luminus Financial, there also seems to be a $5.99/year membership due. It is listed among their Other Services fees.

Their FiveStar Chequing Account requires payroll deposit to waive fees. Alternately, their Personal 1 Chequing Account will waive withdrawal and transfer out fees (but not bill payment) with a $1,000 minimum monthly balance.

Please write your comments in the forum.