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Email this8:17 am
February 7, 2019
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Up until recently all Hubert GIC's by default renewed to the same GIC term at the interest rate in effect at the time of renewal. The only way to change to say one of your Hubert HISA was to contact the Hubert staff to do it. Simple enough.
But, per the Sep 19 Rate Update email, we can now do it ourselves.
"A note about maturing deposits ...
Hubert members can now update term maturity instructions in Hubert GO Web! Simply log in to Hubert GO Web and select 'renew' or 'transfer' under account details. If you select 'transfer', you'll need to choose the destination account."
| CGO |
8:39 am
December 16, 2020
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Just found this:
"maturity instructions
At maturity, renew principal and interest for some term at rate effective at maturity.
isOnMaturityTransfer
At maturity, transfer the balance of this term to the following account: "
What if you want interest to go to HISA and renew balance at best term rate?
8:46 am
February 7, 2019
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ExtraSauce said
so I am guessing that 'Hubert Go Web' is a phone app?I don't see any capacity to do this through the regular login. Am I missing something?
Yes, you are missing something.
Yes, you can.
Log in on the web. Go to a GIC, select Details. Maturity options at the bottom ...
| CGO |
8:51 am
December 16, 2020
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cgouimet said
Yes, you are missing something.
Yes, you can.
Log in on the web. Go to a GIC, select Details. Maturity options at the bottom ...
Thanks ... I found it and adjusted my post above likely as you were responding. The thing I don't see is the capacity to have the maturing term spit out the interest cash to HISA or better yet, into external account, and reinvest the balance at best rate in similar term.
8:59 am
February 7, 2019
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ExtraSauce said
Thanks ... I found it and adjusted my post above likely as you were responding. The thing I don't see is the capacity to have the maturing term spit out the interest cash to HISA or better yet, into external account, and reinvest the balance at best rate in similar term.
Unlike Oaken, at Hubert the capital and interest earned go together at maturity - renew to same term or transfer to a Hubert HISA.
| CGO |
9:50 am
January 12, 2019
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.
Thanks for the heads-up, Folks ❗
I just changed the maturity instructions on my Hubert GICs, via happysavings.ca
- Dean
P.S.
This recent upgrade to the Hubert website
is yet another indication that Access CU
has no plans on getting rid of Hubert.
" Live Long, Healthy ... And Prosper! "
11:54 am
December 16, 2020
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cgouimet said
Unlike Oaken, at Hubert the capital and interest earned go together at maturity - renew to same term or transfer to a Hubert HISA.
🙁
After a call to Hubert today, I believe the exception to this is for RRIF accounts, which will spit out the CRA minimum required or whatever is requested. I have chosen CRA mandated RRIF minimum to be delivered monthly into HISA for now.
11:58 am
February 7, 2019
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ExtraSauce said
🙁
cgouimet said
Unlike Oaken, at Hubert the capital and interest earned go together at maturity - renew to same term or transfer to a Hubert HISA.
After a call to Hubert today, I believe the exception to this is for RRIF accounts, which will spit out the CRA minimum required or whatever is requested. I have chosen CRA mandated RRIF minimum to be delivered monthly into HISA for now.
Yes, RIF's and LIF's are different animals. But we weren't talking about those ...
| CGO |
12:16 pm
December 16, 2020
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ahh, the limtations of the written word! 😉
"Up until recently all Hubert GIC's by default renewed to the same GIC term at the interest rate in effect at the time of renewal. "
8:40 am
February 7, 2019
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I contacted Hubert today for feature request ...
When looking at your accounts, the following is shown for GIC's.
At least that's what I see for non-registered GIC's as I don't have TFSA/RSP/RIF/LIF GIC's @ Hubert. :):):)
Current Balance
Available Balance
Interest Rate
Maturity Date
Next Interest Date
I asked for the following addition ...
Current Balance
Available Balance
Interest Rate
Maturity Date
Maturity Option (Renew or Dest HISA)
Next Interest Date
Feel free to contact Hubert via phone or chat in support if this is of interest to you ...
| CGO |
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