![sp_Feed](https://www.highinterestsavings.ca/wp-content/sp-resources/forum-themes/default/images/sp_Feed.png)
![sp_TopicIcon](https://www.highinterestsavings.ca/wp-content/sp-resources/forum-themes/default/images/sp_TopicIcon.png)
4.10% on 1 year and a half, should I take it?
September 25, 2008
9:23 pm
9:23 pm
Maxime
Guest
Guests
My big placement is coming to an end on the 22th of October. I could select the option to automaticaly renew it at a rate of 4.10% instead of the usual 4.00% on the one year and a half GIC because it's ending between October 1st and 31st of October and they have a promotion that makes the automatic renewal increase the rate of 0.10% on the normal rate.
Should I go for that or wait longer this winter to see if rates go higher and reach some 4.60% like they did last year when I managed to lock at relatively high interest rates.
Please write your comments in the forum.