La Capitale and SSQ Insurance are currently offering a slew of GIC promotional rates for clients looking to juice up the yield on their savings accounts. Below is a synopsis of the offers:
- 60-months La Capitale Max GIC: 2.25%
- 18-months SSQ Select GIA: 1.40%
- 12-months La Capitale Traditional GIC: Up to 1.30%
La Capitale GIC Offers
Weekly rate sheet: https://www.lacapitale.com/files/live/sites/lacapitale/files/contributed/landing/epargne/en/pdf/Brokerage-LaCapitale_rates_A.pdf
Promotion page: https://www.lacapitale.com/en/GIC_rates?oft_id=2214252&oft_k=wW59Ejd3&oft_lk=OC7xjY&oft_d=637725712493300000
1. This is a limited-time offer, subject to change at any time and without notice | 2. Some conditions, restrictions and exclusions apply. | 3. Rate reduction of 0.25% from the non-redeemable rate. | 4. For amounts over $500,000, contact your MGA. | 5. This is a limited-time offer, subject to change at any time and without notice. For new money only (deposit by cheque or transfer from another financial institution). If a combination (new money and renewal), the bonus will be prorated to the new money invested. Deposits in a DIA (daily interest account) are considered new money for 60 days. With first-year new money bonus.
Early redemption penalties: https://www.lacapitale.com/files/live/sites/lacapitale/files/contributed/individuelle/en/pdf/K052_Table_SavingsProducts.pdf
SSQ Insurance GIA Offer
Weekly rate sheet: https://investissement.ssq.ca/astranet/en/astranet/general/tauxInterets.html
Early redemption penalty (page 41): https://investissement.ssq.ca/astranet/en/astranet/general/docElectronique/Information_Folder_and_Contract
These are limited time offers so it’s best to move quickly if your clients are rate shopping. Feel free to contact our team should you have any questions.