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New Oaken Rates
December 20, 2024
11:48 am
Alexandra
British Columbia
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All rates coming down with Oaken effective tomorrow Saturday 21 Dec.
I received their e-mailed new rates yesterday morning, but don't see them posted here yet.

Savings to 3.0%
One yr GIC 3.75%
Two yr GIC 3.95%
Three yr GIC 3.65%
Four yr GIC 3.65%
Five yr GIC 3.70%

December 20, 2024
11:56 am
Rail Baron
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Sometimes, Oaken gives a week's notice of rate changes. But this time, they are moving faster, even changing the rates over a weekend.

I am lucky to have had a big GIC mature today, allowing me to reinvest funds at the "old" rates just ahead of the drop.

December 20, 2024
12:48 pm
Alexandra
British Columbia
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Rail Baron said
Sometimes, Oaken gives a week's notice of rate changes. But this time, they are moving faster, even changing the rates over a weekend.

I am lucky to have had a big GIC mature today, allowing me to reinvest funds at the "old" rates just ahead of the drop.  

Yes that is nice when that happens. It feels like you are receiving a gift! sf-embarassed

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