Log In
Register
Home
Topic RSS
Facebook
Twitter
Email this1:29 pm
September 11, 2013
Offline
If wait and see means it would have been in a HISA instead you're still ahead likely so that has to be factored in, maybe not so bad as it looks.
After not having hardly any for a while I've been buying 1 or 2 1-year gics a month this year with my HISA money so in 6 months or so they start coming due, guess I'll see if that was a good idea or not.
1:42 pm
January 12, 2019
Offline
Alexandre said
I am going to give it serious consideration, when my 1-year Tangerine GIC at 1.25% matures early 2023.
The pain of not following 'Wait-and-See' mode at the beginning of 2022 is real.
Not to worry, Alexandre ... by early next year, that new 1Yr Tang GIC rate (now @ 3.75%) is likely to be a good bit higher.
We all win-some/lose-some, eh. 
- Dean
" Live Long, Healthy ... And Prosper! "
2:20 pm
March 30, 2017
Offline
Its an interesting keeping the $$$ in HISA at 2.8% vs locking it in to 1y at 3.75%. With a 95bps point spread, it is really how quickly Tang may jack up the 1y rate again. It seems like 1y 3.75% is a teaser for them (as in they generally offer rates 50bps lower than CUs)
If someone has the crystal ball, pls let me know best path
7:15 am
March 15, 2019
Offline
Dean said
Wow ... that ⬆ new 1Yr rate is unusually high, for Tangerine ❗
Dean
Wonder if it is a typo?
7:48 am
February 7, 2019
Offline
COIN said
Wonder if it is a typo?
Such skepticism ... :):):)
It does read 3.75% ... https://www.tangerine.ca/en/rates
| CGO |
8:09 am
February 7, 2019
Offline
Dean said
Wow ... that ⬆ new 1Yr rate is unusually high, for Tangerine ❗
If I wasn't still in my 'Wait-And-See' mode,
I'd give it some serious consideration.Dean
An alternative to Oaken for those looking for Joint 1Yr GIC's ...
| CGO |
7:01 am
September 30, 2017
Offline
ICYMI - Tangerine registered-GIC rates are currently higher in some terms than the non-registered rates shown on our chart. For example, 4.45% for 4-yr vs 3.60% !
8:17 am
February 20, 2013
Offline
GIC rate change from Tang site:
1 Year Guaranteed Investment 4.25%
1.5 Year Guaranteed Investment4.00%
2 Year Guaranteed Investment 4.30%
3 Year Guaranteed Investment 4.60%
4 Year Guaranteed Investment 4.65%
5 Year Guaranteed Investment 4.75%
12:44 pm
September 30, 2017
Offline
Be informed. Their registered GIC rates are still higher than their non-registered GIC rates. 1-year, for example, is 4.25% vs 4.50% ... and that's the best known rates today.
5:47 am
September 30, 2017
Offline
Tangerine rates refreshed ... pushing 1-year rate to 4.60% for non-registered, 4.70% for registered ... Tangerine policy is 30 days to cancel, just called in to redo mine
... shorter terms rate dropped below 4% though
6:02 am
February 7, 2019
Offline
Actually, there are two bumps in the non-Reg GIC Rates: 1Yr @ 4.6% and 3Yr @ 4.7%.
Also, the Reg GIC's: 1Yr @ 4.7% and 3Yr @ 4.7%.
| CGO |
9:55 am
March 30, 2017
Offline
hwyc said
Tangerine rates refreshed ... pushing 1-year rate to 4.60% for non-registered, 4.70% for registered ... Tangerine policy is 30 days to cancel, just called in to redo mine... shorter terms rate dropped below 4% though
30 days cancel means u lose all earned interest so far, right ? Or they rate guarantee and back date which sounds too good to be true.
6:11 pm
November 8, 2021
Offline
savemoresaveoften said
30 days cancel means u lose all earned interest so far, right ? Or they rate guarantee and back date which sounds too good to be true.
Yes, the interest accumulated is lost upon cancellation.
7:47 pm
July 30, 2022
Offline
if you think the BoC meeting on Sep 7 will impact GIC rates, tangerine lets you future date the gic start date/funding up to 15 days (sept 8 if opened tonight). So the rate is locked in with the option to cancel prior to funding.
8:15 pm
August 17, 2010
Offline
I bit on the 3 year 4.7, that is one juicy rate from Tangerine!
8:27 pm
April 14, 2021
Offline
Was that a matter of convenience, when there are so many other offers up to 5% for 3-yr?
5:12 am
September 30, 2017
Offline
norris2 said
if you think the BoC meeting on Sep 7 will impact GIC rates, tangerine lets you future date the gic start date/funding up to 15 days (sept 8 if opened tonight). So the rate is locked in with the option to cancel prior to funding.
Where/How do you future date GIC with Tangerine ? I don't recall the option when I open last week ... OK, I see the trick now. You need to source from an underfunded account.
6:43 am
March 30, 2017
Offline
hwyc said
Where/How do you future date GIC with Tangerine ? I don't recall the option when I open last week ... OK, I see the trick now. You need to source from an underfunded account.
when you set it up online, it prompts you "when you want to start the GIC"
8:30 am
July 30, 2022
Offline
I opened a very small future-dated GIC account to double check if the rates stays at 4.60% in the event they increase/decrease by sept 8.
Another loophole could be: after the future-dated gic is opened, they appear to let you edit the future-dated funding transaction to a date even further out than 15 days. But I haven't tested this, perhaps it errors out on the final step.
Please write your comments in the forum.