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Email this4:09 am
January 31, 2019
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dickyran333 said
I just opened a US HISA at Tangerine and parked my USD at 2.75% for six months. Not sure if that's a wise decision though as I might have to settle with a lower interest rate after 6 months especially if the Fed drops the Federal Funds Rate and US LIBOR drops too over the next 6 months.
I checked the tangerine rate and its 1.5% for a 6 months GIC!! How did you get such a rate ? Was it a special offer?
I believe this is an excellent deal, after the 6 months you could simply move your money
6:51 am
April 6, 2013
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Sounds like Tangerine's current new client offer:
Right now, when you become a new Tangerine Client by January 9, 2020 and open your first Savings Account, you could earn 2.75%* interest for 6 months** up to a maximum of $1,000,000†. This includes Tangerine Savings, TFSA, and RSP Savings Accounts. And now, this special rate also applies for RIF and US$ Savings Accounts.
Plus, you’ll also earn this special interest rate on any deposits made into any subsequent Savings Accounts up to the maximum per Account Type. For these Accounts, the rate will only apply for 6 months from the day you opened your first Savings Account with us.
…
10:05 am
January 31, 2019
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Thnks norman
1:41 pm
February 16, 2016
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At RBC I have a 3.00% account maturing in Feb. Called today and was told 1.75% would be the renewal rate for another 1 year. Of course rates may change before my renewal date. She said the last rate change was Dec. 3.
12:43 pm
December 18, 2019
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I just found this page https://www.ratehub.ca/gic-rates-arent-high-enough/gic-rates/usd/5-year/redeemable?city=592 and checked RBC site - not a word of this rate. Spent almost an hour on the phone with 3 reps - no luck, no one could find it. Where does Ratehub get their rates and how accurate are they? Or, like I read on forums before, you have to be lucky to stumble upon a rep who knows were to look?
6:48 pm
February 16, 2016
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I don't know about RateHub and in fact have never visited that site. My path re getting an RBC 1-yr US$ 3.00% GIC one year ago was, first, spotting here at this forum that RBC had a US$ 3.00% product, then going to a local branch, where they did not know about it, but they referred me to a "mobile RBC financial advisor" with whom I made contact and eventually met at an appointed branch. He and his assistant did the work to open my account. I don't know if it made any difference that I had a "history" with RBC in terms of a mortgage with them years ago. But, I no longer had any funds invested, nor loans or credit cards, there.
If you wish to pursue an RBC product, I suggest you just keep making contacts, mentioning you know the product exists. Although this GIC is (I think) different from a so-called RBC MarketSmart GIC, I think you might find the contact numbers on this page possibly helpful: https://www.rbcroyalbank.com/investments/marketsmart-gics.html . Also, I'll mention that the titles at RBC of the individuals with whom I've spoken on this account are, for one "Financial Planner - Investment and Retirement Planning" and for the other "IRP Associate - Investment and Retirement Planning."
7:33 pm
October 21, 2013
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Rates in general were significantly higher a year ago. This 3% rate is probably no longer available, no matter who you contact at RBC.
12:21 pm
December 18, 2019
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I spent a morning searching RBC site - very cluttered - then on the phone with one rep after another, but got nowhere. It would be helpful if you could provide the names of those "Financial Planner - Investment and Retirement Planning" and "IRP Associate - Investment and Retirement Planning you dealt with. I did speak to an investment rep who could not find the rates posted at Ratehub. However, the Indian bank with 2.25% does have the rate on its website. Anyone familiar with that bank ICICI?
Also, anyone could recommend a deposit broker or an online brokerage? Ratehub does not provide some US$ interests saying they're available only through them.
10:07 am
February 16, 2016
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Loonie - As I noted in an earlier post, the current US funds rate for renewal of my maturing 3.00% account is 1.75%.
Bird - Without seeking permission of the RBC folk I've dealt with, I do not wish to post their names at such a public site as this. And, I really don't know them well enough to contact them, explain these posts, etc. Sorry, I hope you understand.
3:26 pm
December 18, 2019
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I don't think any agent would mind referrals as they make commissions on every sale. Maybe you could PM me the first names only and the departments where they work? Thanks
Where did you see 1.75%? Is it an account or non-redeemable GIC?
10:32 pm
April 2, 2015
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I shouldn't have accepted the Dec 2019 Tangerine offering which didn't include USD HISA. As my previous 3% USD GIC just matured and got deposited back into my account, I've initated the move to Hubert as 0.75% is better than 0.45% I don't think I want to lock in to a GIC at 1.75% if I was offered one.
7:47 am
April 6, 2013
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Scotia iTRADE currently has the following Bank of Nova Scotia US$ GIC's available:
| Issuer | 1 year | 2 year | 3 year | 4 year | 5 year | DBRS Rating |
Purchase Minimum |
| US Pay Bank of Nova Scotia | 1.51 | 1.64 | 1.71 | 1.78 | 1.87 | AA | $1000 |
US currency purchase and pay-out. Non-redeemable before maturity.
Please write your comments in the forum.