this post was submitted on 19 Jul 2023
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Tangerine is offering 5.5% on a 1.5 year GIC (lemmy.ca)
submitted 2 years ago by mxwarp to c/personalfinancecanada
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[–] Stochastic 7 points 2 years ago (1 children)

Seems like https://horizonsetfs.com/ETF/cash/ yeilds similar without the lock-in time period.

[–] affairesdepiasses 5 points 2 years ago (1 children)

Yes, but you have no guarantee that you'll keep this rate for one year with CASH.

[–] [email protected] 3 points 2 years ago

with the way things are trending, it might go up 🤔

[–] sodium 3 points 2 years ago

got 5.5 on rbc recently on a 2 year redeemable

[–] Donkdonkboom 3 points 2 years ago

5.5% for 1 year GIC at EQ right now.

[–] mxwarp 3 points 2 years ago* (last edited 2 years ago)

Wealthsimple now offers 4% for ALL Cash clients

Previously: 1% for all clients, 3% for direct deposits over $500, 4% for $100,000 net deposits

Now: 4% for all clients, 4.5% for $100,000 net deposits, 5% for $500,000 net deposits