11:21 pm
January 10, 2018
1 Year Non-Redeemable GIC
Current Rate: 4.90%
New Rate: 4.75%
18 Month Non-Redeemable GIC
Current Rate: 5.00%
New Rate: 4.80%
2 Year Non-Redeemable GIC
Current Rate: 4.75%
New Rate: 4.70%
3 Year Non-Redeemable GIC
Current Rate: 4.70%
New Rate: 4.50%
4 Year Non-Redeemable GIC
Current Rate: 4.70%
New Rate: 4.50%
5 Year Non-Redeemable GIC
Current Rate: 4.70%
New Rate: 4.50%
9:48 am
December 20, 2019
I may be to blame for this...
I complained to Motus about the rate difference and said I was moving out all RRSP's and TFSA's for my family.
I told them I was moving to Meridian and virtually the next day this was announced.
Not sure if that had anything to do with it or not.
That said, I am moving them all to Hubert now, that flexible 1 year rate is one of my favourite things. I can leave it in if the rate goes down, or take it out if it goes up and the staff there is super helpful.
Please write your comments in the forum.