nserchoftruth
New member
What’s everyone doing with their GICs? I locked in at RBC for 1 yr fixed at 5.3% last month, which I kind of regret now. I just got approved yesterday for 6% 1yr fixed at TD. Should I put in the rest of what I have left in my investments budget at TD? Or just put in half for now and wait and see what happens after the BoC raises rates again in the fall?
Edit1: Also, if anyone is interested, RBC is giving 6.2% on 1yr USD term deposits.
Edit2: And apparently HSBC is now giving 5.9% GIC.
Edit3: My husband went to RBC today (2023-07-25) and got 6.000% on a 1 yr (interest payment at maturity) non redeemable GIC.
Edit1: Also, if anyone is interested, RBC is giving 6.2% on 1yr USD term deposits.
Edit2: And apparently HSBC is now giving 5.9% GIC.
Edit3: My husband went to RBC today (2023-07-25) and got 6.000% on a 1 yr (interest payment at maturity) non redeemable GIC.