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Rates dropping
March 14, 2021
4:51 pm
maGIC
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I just checked Motive and Oaken
5yr gic
1.75% at Motive
1.70% at Oaken
On their websites

March 14, 2021
5:13 pm
Loonie
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Oaken's rate has not decreased. The rate you quote is for monthly payout. The 5yr rate for annual payout remains 1.80%.

March 14, 2021
5:19 pm
maGIC
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Sorry,
Loonie is correct Oaken still at 1.8
My bad

March 14, 2021
5:57 pm
kelbee
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Looks like if you go onto Motive right now, and Open Account, you can still get the higher rates.

Capture3.JPG

March 14, 2021
11:14 pm
Loonie
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Interesting point, Kelbee.
Motive does change its GIC rates very frequently. I stopped trying to keep track of them some time ago as they were changing them weekly, but I'm not sure if they still do that.

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