advertisement

Higher interest rates on deposits

Money Digest, May, 2002

The minimum amounts required to get the interest indicated in this table are $5,000 for term deposits and $1,000 for Guaranteed Investment Certificates (GICs)

TERM                            INTEREST %           WHO PAYS

TERM DEPOSITS (MINIMUM $5,000)

30 days                               2.25      Peoples Trust
60 days                               2.75         Home Trust
90 days                               3.30         Home Trust
120 days                              3.30         Home Trust

GICS (MINIMUM $1,000)

1 year                                3.35    Equitable Trust
3 year                                4.88     Citizens Bank,
                                               Citizens Trust
5 year                                5.65  Achieva Financial
COPYRIGHT 2002 Money Digest
COPYRIGHT 2008 Gale, Cengage Learning

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
  • Click Here
advertisement

Content provided in partnership with Thompson Gale