Rate Alert - effective April 3, 2018 | Oaken Financial | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
sp_Search Search
Advanced Search
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Search Search
Go to Bottom
No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Rate Alert - effective April 3, 2018
April 3, 2018
5:12 am
laineyrose
Member
Members
Forum Posts: 6
Member Since:
February 22, 2018
sp_UserOfflineSmall Offline
Go to Top
1sp_Permalink sp_Print

Got an email today.

Please note that effective today (Tuesday, April 3, 2018), we have increased the interest rate for our 1 Year Cashable After 90 Days GIC to 2.30% (previously 1.90%).

This new rate will be applied automatically for all corresponding GICs booked on March 26, 2018 or later.

All other Oaken rates remain unchanged.

The rates shown below are effective from Tuesday, April 3, 2018.

April 3, 2018
6:29 am
Wayno
Member
Members
Forum Posts: 100
Member Since:
January 10, 2018
sp_UserOfflineSmall Offline
Go to Top
2sp_Permalink sp_Print

The 2.3% 1 YR CASHABLE GIC ( after 90 days) looks like a good alternative for folks who have maxed out their EQ Bank Savings account @2.3% ( $100K CDIC coverage) and want to park additional funds for the short term ..... for future investment this year.

Just another option ! sf-cool

regards,
Wayno

April 3, 2018
10:01 am
Loonie
Member
Members
Forum Posts: 9384
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline
Go to Top
3sp_Permalink sp_Print

t's also competitive with Hubert's one year cashable.
Hubert's pays more, but you only get the best deal if you cash it on quarterly dates. For the first 3 months, the offers are identical except that you could, if you wanted, get your money out without interest from Hubert in that time period.

April 3, 2018
3:48 pm
Wayno
Member
Members
Forum Posts: 100
Member Since:
January 10, 2018
sp_UserOfflineSmall Offline
Go to Top
4sp_EditHistory sp_Permalink sp_Print

Good Comment Loonie,

It's always good to post other options so that other members can benefit. sf-smile

regards,
Wayno

No permission to create posts
sp_Feed All RSS
Go to top

Please write your comments in the forum.