New GIC rates comparison - Thank you Peter | Site suggestions | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





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

sp_Feed Topic RSS sp_TopicIcon
New GIC rates comparison - Thank you Peter
March 20, 2018
8:34 pm
Save2Retire@55
Member
Members
Forum Posts: 848
Member Since:
January 3, 2013
sp_UserOfflineSmall Offline

This is great to have on the site. My suggestion is to have a separate one for registered and non-registered accounts.

Peter, if you would like to give me Edit permission on this page, I'd be more than happy to update it weekly or whenever I notice a change. We can also work on some kind of API programming so it pulls the information from external resources which get update more often automatically.

March 21, 2018
2:31 am
Loonie
Member
Members
Forum Posts: 9395
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

Great offer from someone who understands computers - remembering his recent job search.

March 21, 2018
7:54 am
Peter
Admin
Forum Posts: 1448
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline

Thanks for the suggestion, support, and offer to help.

I'm open to expanding the chart, although this probably requires more thought and scope definition. Concretely, what is the more specific definition of registered vs non-registered, taking into account RRSP, RRIF, and TFSAs? And what about redeemable / cashable vs non-redeemable / non-cashable?

The good news is that the current GIC chart does automatically scrape the banks' websites, although one of them seems to modify their page structure every week, so it still takes some ongoing maintenance!

March 21, 2018
6:15 pm
Save2Retire@55
Member
Members
Forum Posts: 848
Member Since:
January 3, 2013
sp_UserOfflineSmall Offline

Peter said
Thanks for the suggestion, support, and offer to help.

I'm open to expanding the chart, although this probably requires more thought and scope definition. Concretely, what is the more specific definition of registered vs non-registered, taking into account RRSP, RRIF, and TFSAs? And what about redeemable / cashable vs non-redeemable / non-cashable?

The good news is that the current GIC chart does automatically scrape the banks' websites, although one of them seems to modify their page structure every week, so it still takes some ongoing maintenance!  

We are the ones who should thank you 🙂

Exactly but from what banks usually have the same rates for all their registered accounts. We can of course have 4 tables but that would be over doing IMHO. Glad to hear the chart is set to auto-update itself. Pulling from bank's web site must be challenging. Great work. Thanks again.

March 22, 2018
12:29 am
Loonie
Member
Members
Forum Posts: 9395
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

They really don't have all the same rates for various account types. The FIs we use the most may do, but some don't.
In my experience RIFs are most likely to get the short end of the stick and TFSAs are more likely to get the better deals, where there are discrepancies.

March 23, 2018
4:43 pm
Save2Retire@55
Member
Members
Forum Posts: 848
Member Since:
January 3, 2013
sp_UserOfflineSmall Offline

Loonie said
They really don't have all the same rates for various account types. The FIs we use the most may do, but some don't.
In my experience RIFs are most likely to get the short end of the stick and TFSAs are more likely to get the better deals, where there are discrepancies.  

True. I never actually looked at RIFs.

March 23, 2018
11:18 pm
Loonie
Member
Members
Forum Posts: 9395
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

The poorer rates with RIFs is one of the reasons why I maintain a certain scepticism about the merit of RSPs. They are useful - to a point.

May 6, 2018
10:19 am
Loonie
Member
Members
Forum Posts: 9395
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

I must be missing something, but the only way I can access the GIC chart is from the link in the March newsletter.
Shouldn't it appear on the banner as a choice along with the other charts?

May 6, 2018
10:43 am
Top It Up
Member
Members (temp break)
Forum Posts: 1363
Member Since:
December 17, 2016
sp_UserOfflineSmall Offline

Tap on Comparison Chart in the banner - once in - see this in the opening statement

See also the GIC comparison chart in RED

May 6, 2018
11:50 am
Nehpets
Ontario
Member
Members
Forum Posts: 994
Member Since:
December 20, 2016
sp_UserOfflineSmall Offline

Loonie said
I must be missing something, but the only way I can access the GIC chart is from the link in the March newsletter.
 

You might also save the URL address to your own desktop shortcut:

https://www.highinterestsavings.ca/gic-rates/

May 6, 2018
5:44 pm
Loonie
Member
Members
Forum Posts: 9395
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

Thanks for these tips.
I would still recommend that it have its own place in the banner for easy one-step access.

May 6, 2018
8:33 pm
Peter
Admin
Forum Posts: 1448
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline

Yes, I still need to find it a more permanent place once I remove it from the top of the News area in the sidebar.

May 6, 2018
8:52 pm
Loonie
Member
Members
Forum Posts: 9395
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

thx, Peter.

May 7, 2018
5:36 am
Nehpets
Ontario
Member
Members
Forum Posts: 994
Member Since:
December 20, 2016
sp_UserOfflineSmall Offline

Peter said
Yes, I still need to find it a more permanent place once I remove it from the top of the News area in the sidebar.  

Peter,

Does Simple Press allow modifying banner items like the "Comparison Chart" link to become a drop down menu? If so, the Comparison Chart title could then contain one link to to the page for account interest rates and another link to the page for GIC rates.

Another option might be to modify the existing page to display both comparison charts, one below the other or perhaps integrated based on FI name. That way only one link in the banner would be required with no modification, except perhaps for the title to be Comparison Charts.

Stephen

May 8, 2018
8:45 am
Peter
Admin
Forum Posts: 1448
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline

Thanks for the suggestion. I started to look at that a while back, but it wasn't supported out of the box, so I'd just have put in some extra work.

May 22, 2018
9:45 pm
Peter
Admin
Forum Posts: 1448
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline

I've replaced the top menu link "Surveys" with one for the GIC chart now. If anybody has ideas for future surveys, we can start running them again, but the last one was from 2012!

May 23, 2018
2:53 am
Loonie
Member
Members
Forum Posts: 9395
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

That's a big improvement!
Thanks, Peter.

May 23, 2018
7:16 am
Nehpets
Ontario
Member
Members
Forum Posts: 994
Member Since:
December 20, 2016
sp_UserOfflineSmall Offline

Peter said
I've replaced the top menu link "Surveys" with one for the GIC chart

Good move, Peter! Thanks...sf-smile

Stephen

June 15, 2018
7:04 am
Nav66
Member
Members
Forum Posts: 38
Member Since:
June 24, 2015
sp_UserOfflineSmall Offline

Just a short (and late) thank-you for the rate comparison chart. Very useful and I can't find anything better on the net.

Please write your comments in the forum.