Canadian Western Bank
Canadian Western Bank 5 Year GIC Account
| Type | Fixed |
| Rate | 3.10% |
| Currency | CAD |
Minimum $1,000.00 deposit.
Monthly interest is available only if interest is deposited to a CWB account or electronically transferred to an account at another financial institution.
A 0.25% rate reduction applies if monthly interest is not deposited into a CWB account.
The rate of 3.10% is 0.69% higher than the average 2.41%. Also it is 0.4 % lower than the highest rate 3.50 Updated Jun, 2018
Minimum $1,000.00 deposit.
Monthly interest is available only if interest is deposited to a CWB account or electronically transferred to an account at another financial institution.
A 0.25% rate reduction applies if monthly interest is not deposited into a CWB account.
The rate of 3.10% is 0.69% higher than the average 2.41%. Also it is 0.4 % lower than the highest rate 3.50 Updated Jun, 2018
Type
Fixed
Rate
3.10%
Currency
CAD
Q: how is the interest calucatied on the 2.8%, is it monthly annually, etc
Q: I am interested in recommending my investors/savers to purchase CWB GIC's. Can you let me know what needs to be done to become a CWB deposit broker? thks. gm