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Email this12:05 am
February 20, 2013
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From website Aug 15 @ 1:00 am (no email received yet)
1 year quarterly term*5.10%*
2 year term 5.10%
3 year term 4.75%
4 year term 4.60%
5 year term 4.60%
4:15 am
February 7, 2019
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frugal lady said
From website Aug 15 @ 1:00 am (no email received yet)
1 year quarterly term*5.10%*
2 year term 5.10%
3 year term 4.75%
4 year term 4.60%
5 year term 4.60%
The Hubert email confirming this arrived at 7:02AM. The Rate change is overdue and in the right direction but in view of their September Transition Announcement (https://www.highinterestsavings.ca/forum/hubert-financial/integration-weekend-sep-22-24-weve-been-warned/) I think they'll need much better rates to prevent a rapid bleeding of deposits.
| CGO |
8:18 am
March 17, 2018
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Agreed, they especially need to increase their longer term rates
10:54 am
April 14, 2021
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cgouimet said
I think they'll need much better rates to prevent a rapid bleeding of deposits.
Already bled mine.
11:38 am
May 11, 2023
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They are trying for new business or soothing over their existing customers to stay after the merger.
Also Accelerate rates were matched.
1:07 pm
April 2, 2018
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Pewter said
Also Accelerate rates were matched.
They might match but Hubert's 1y GIC is no match to any bank as you can take money+interest after 3,6,9 months if needed.
1:20 pm
May 11, 2023
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pooreva said
They might match but Hubert's 1y GIC is no match to any bank as you can take money+interest after 3,6,9 months if needed.
I think that will happen after the change over and not before. Accelerate customers have some real nice gains here. Gain the cashable 1 yr and no fees for transferring out TFSA or RRIF. But they loose, I think, ATM card and cheques.
1:26 pm
December 12, 2020
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pooreva said
They might match but Hubert's 1y GIC is no match to any bank as you can take money+interest after 3,6,9 months if needed.
DUCA right now has 5.25 till January 30th. Then I will wait to get the Tangerine lottery again in the meen time.. Done with Hubert. Over 250K gone. RIP Hubert.
7:21 am
November 6, 2018
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Updated Hubert Term Rates as of Sept. 1, 2023:
1 year quarterly term 5.20% (up from 5.10%)
2 year term 5.25% (up from 5.10%)
3 year term 4.85% (up from 4.75%)
4 year term 4.60% (no change)
5 year term 4.70% (up from 4.60%)
7:30 am
February 7, 2019
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BillieBob said
Updated Hubert Term Rates as of Sept. 1, 2023:1 year quarterly term 5.20% (up from 5.10%)
2 year term 5.25% (up from 5.10%)
3 year term 4.85% (up from 4.75%)
4 year term 4.60% (no change)
5 year term 4.70% (up from 4.60%)
A modest change but still behind the GIC leaders.
Possibly trying to reduce the volatility of their deposits since they revealed some of the 'enhancements' we're to expect on Sep 22-24.
| CGO |
11:00 am
January 12, 2019
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- Yes ⬆
And perhaps they now realize that they're about to shoot themselves in the foot!
Fingers crossed that they come to their senses, and Fix those 'enhancements'.
- Dean
" Live Long, Healthy ... And Prosper! "
10:02 am
January 7, 2023
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Updated as of Sept.26
Non-Registered Terms, TFSAs, RRSPs, and RRIFs*
1 year quarterly term* 5.20% (average)
1 year term 5.30%
2 year term 5.55%
3 year term 5.00%
4 year term 4.80%
5 year term 4.80%
noticed there is a new 1 year term @ 5.30%, slightly more than the 1 year quarterly term.
10:21 am
August 29, 2023
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I can’t see a 1 year term that is NOT a quarterly from my email this morning.
Effective Sunday, September 24, 2023, AcceleRate Financial members are now Hubert Financial members. Read more about the feature changes here.
Rate updates, effective:
September 26, 2023
High-interest Savings
3.60%
Variable Rate
(TFSAs, RRSPs, and RRIFs)
3.65%
Non-Registered Terms
(TFSAs, RRSPs, and RRIFs)
One-Year Quarterly Term
5.20%
Two-Year Term:
5.55%*
Three-Year Term:
5.00%*
Four-Year Term:
4.80%*
Five-Year Term:
4.80%*
*Asterisks indicate an updated rate.
11:19 am
August 4, 2010
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It wasn't in the email, but it shows on the site as Warwick1111 posted. Looks like they are keeping the unique Hubert 1-year, but adding in their standard one year, and the cashable/quarterly features will cost you a few basis points.
And if they have two 1-year rates, it will be a pain for Peter's chart... 🙂
11:31 am
August 29, 2023
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Yes I realized that later when I looked at rates on website.
It makes sense. Ha ha maybe one of the only “makes sense” moves made!
It will keep Accelerate only customers happy as they might not “like” the one year quarterly.
Gee the change actually accommodated some one. Oh, but! Who benefits most?
Wouldn't want the money to stop rolling in, would we?
12:49 pm
October 21, 2013
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Accelerate was one of the few that had 6 and 7 year rates. Those are gone now.
5:25 pm
September 5, 2023
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Loonie said
Accelerate was one of the few that had 6 and 7 year rates. Those are gone now.
I see some 6 years GICs rates at CANNEX
https://www.cannex.com/public/term02e.html
Including Laurentian Bank at 5.2%
Is Laurentian Bank even going to be around in 6 years?
11:26 am
August 29, 2023
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Emailed this morning.
Rates
Current Canadian Dollar to US Dollar exchange rates
Members Sell US Dollars Members Buy US Dollars
1.3501 1.3901
Daily Savings
High-interest savings account 3.60%
TFSAs, RRSPs and RRIFs 3.65%
US savings account 0.25%
Non-Registered Terms, TFSAs, RRSPs, and RRIFs*
1 year quarterly term* 5.20% (average)
1 year term 5.45%
2 year term 5.65%
3 year term 5.15%
4 year term 4.95%
5 year term 4.95%
Giving higher rates for new business is NOT a compensation to all of us that are going through this poorly managed amalgamation. Or is it to bring in new money to replace money lost?
2:56 pm
April 2, 2018
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friskyib said
Giving higher rates for new business
What are you talking about???
These rates are for EVERYBODY - old and new money and not for 'new customers only' as Tangerine and some other FI do.
5:52 pm
August 29, 2023
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pooreva said
friskyib said
Giving higher rates for new businessWhat are you talking about???
These rates are for EVERYBODY - old and new money and not for 'new customers only' as Tangerine and some other FI do.
Think about it. Huberate customers are getting poor service right now. And existing customers should be compensated in some form!! (I need a new mouse pad) Some are chasing Huberate and some are not and some don't event know. Huberate is losing deposited funds. (Thus the need to encourage new deposits??) In the midst of this MESS they give some better rates. Is that to appease us?? No way....if they wanted to appease us then take all of our GIC's that have a lower rate than currently posted and give us the currently posted rates. Basically that is what Citizens Trust used to do!!!
This mess is costing Huberate. Loss of funds, huge loss of confidence, loss of members, extra costs to update a poorly planned system migration after the fact, and cost for extra payroll to cover phone enquiries. I have an IT background and have never been involved in a system update/upgrade/conversion that is this embarrassing!!! Some ones head should roll on this one!!
But I totally agree the phone service is second to none and is fantastic!!
Please write your comments in the forum.