This is the highest rate I have seen offered by any major FI for 2 year GIC, so far.
The Oaken Financial special interest rate offer (the “Offer”) is available between 12:00am Eastern Time on Friday, June 27th , 2025, and 11:59pm Eastern Time on Wednesday, July 16th 2025.The Offer is a 4.00% annual interest rate for a 2 year term non-redeemable GIC with a minimum deposit of $1,000 for non-registered plan, RRSP and TFSA, or a minimum deposit of $10,000 for RRIF. Interest is calculated per annum. If you select an interest payment frequency other than ‘Annually’ and “Compounded Annually”, you may receive a lower rate. The Offer is only available for GIC investments opened during the campaign period. After the Offer ends, the 2 year GIC rate will be reverted back to the posted rate. The Offer can be applied to all new or renewed registered and non-registered GICs, personal and commercial GICs with a 2 year term during the campaign period. The Offer period and interest rate are subject to change without notice. Other conditions apply. Review the full Terms and Conditions available at oaken.com/legal/.
We’re celebrating this Canada Day early by offering a special promotional rate starting June 27!
Rates subject to change without notice. Interest is calculated per annum. If you select an interest payment frequency other than ‘Annually’ and “Compounded Annually”, you may receive a lower rate.
Statistics: Posted by yamsiat — Jun 30th, 2025 5:49 am