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Oaken Rate Change - Good News
June 2, 2014
4:16 pm
kanaka
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As per email just received.

The Oaken Savings Account rate will increase from 1.65% to 1.75%, effective tomorrow (June 3).

June 2, 2014
7:05 pm
Loonie
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Good to see they're "pulling up their socks" in this competitive area - at least a bit. It follows the trend we've seen elsewhere towards rewarding people more for shorter term and less for longer terms. Oaken just reduced their 5yr rate a bit, and are now giving a bit more at the shorter end.

June 9, 2014
8:47 pm
ItsOP
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They got probably the best GICs but when you can get a 3% TFSA and 1.8% savings at Peoples Trust then the only incentive yo use Oaken is come GIC time

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