They won’t budge at all? I saw RBC did 5% which wasn’t advertised rate. I wonder if TD does the same.muffin4life wrote: ↑ Not likely. Tangerine is not considered part of the Big 5.
Tangerine
1 year non registered GIC at 4.85%, (not targeted offer, open to everyone, new or actual clients)
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- xxxibgdrgn
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- muffin4life
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Doesn't hurt to ask... You will have better luck if you have personal bankerxxxibgdrgn wrote: ↑ They won’t budge at all? I saw RBC did 5% which wasn’t advertised rate. I wonder if TD does the same.
- AlexandreS928608
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Tangerine= ING bank buy by Scotia. It’s like Fido with rogers or virgin with bellmuffin4life wrote: ↑ Not likely. Tangerine is not considered part of the Big 5.
- muffin4life
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Correct. And do you usually see the cell phone players matching the smaller (owned by the big 3) cell phone plans?AlexandreS928608 wrote: ↑ Tangerine= ING bank buy by Scotia. It’s like Fido with rogers or virgin with bell
Usually not... My point is exactly this ...
- DoorCrasher [OP]
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xxxibgdrgn wrote: ↑Will banks like TD match the rate at all?
you would have better luck asking them, not asking us, on this anonymous forum. It costs nothing to call them in, or meet them in person. They will possibly match if you have multiple products with them, to keep your business and make you happyxxxibgdrgn wrote: ↑ They won’t budge at all? I saw RBC did 5% which wasn’t advertised rate. I wonder if TD does the same.
- keshan
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- TehRFDAnomaly
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I have some money that I am thinking of putting into a GIC, just wanted some input on which one is the better pick given the current situation?
USD 1-year GIC @4%
CAD 1-year GIC @4.85%
I am tempted to convert the USD to CAD as the EXH rate right now is good and CAD will be a bit more flexible to use down the road (invest, GIC, pay mortgage).
USD 1-year GIC @4%
CAD 1-year GIC @4.85%
I am tempted to convert the USD to CAD as the EXH rate right now is good and CAD will be a bit more flexible to use down the road (invest, GIC, pay mortgage).
- DoorCrasher [OP]
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The key word? Diversification. It's Time to buy share and common funds (not all are actually good with the actual situation) but those who downvoted for bad product/service just don't know what they talk about, especially at 4.85% for 1 year
- Badbrad
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People can vote up or down as they want. And you can insult them as you want. It is RFD - we expect nothing less.DoorCrasher wrote: ↑ The key word? Diversification. It's Time to buy share and common funds (not all are actually good with the actual situation) but those who downvoted for bad product/service just don't know what they talk about, especially at 4.85% for 1 year
- DoorCrasher [OP]
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- Nov 21, 2013
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first, nowhere I insulted another member. If anyone here feel insulted because of a comment I made then I am sincerely sorry.
Second, yes, people can up or down vote as they wish, as they feel. But if we want to keep the voting system, threads and posts constructive then everyone should be honest. But I know that unicorns just don't exists....
What I am saying, it's GIC's are not a bad product/service, it all depends on one's needs, objectives, tolerance to risk, etc. By eg. if I know that I will need a certain amount of cash not before the next few months, it's not bad idea to put this $$ in a guaranteed investment level like a GIC, instead of letting this cash sit in a HISA at less than 2%. But, if you prefer, you can just let sit your cash under your mattress, it's up to you
- harryt
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I totally agree with you. One thing I have learned with our current economic situation is GIC's is a great way to also diversify. If somehow the market tanks much more in 2023. People using GIC's are going to be glad they did and didn't lose out on funds they may need within the next year or 2.DoorCrasher wrote: ↑ first, nowhere I insulted another member. If anyone here feel insulted because of a comment I made then I am sincerely sorry.
Second, yes, people can up or down vote as they wish, as they feel. But if we want to keep the voting system, threads and posts constructive then everyone should be honest. But I know that unicorns just don't exists....
What I am saying, it's GIC's are not a bad product/service, it all depends on one's needs, objectives, tolerance to risk, etc. By eg. if I know that I will need a certain amount of cash not before the next few months, it's not bad idea to put this $$ in a guaranteed investment level like a GIC, instead of letting this cash sit in a HISA at less than 2%. But, if you prefer, you can just let sit your cash under your mattress, it's up to you
I rather have options than no or fewer options.
Once my dog ate all the Scrabble tiles. For days he kept leaving little messages around the house..........