Interest Rate
3.30%
Term
1 year
Minimum Deposit
CA$1,000
Promotion
N/A
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Interest Rate:
3.30%
Term:
1 year
Promotion:
N/A
Minimum Deposit:
CA$1,000
Equitable Trust provides a competitive 1-year GIC rate of 3.30%, appealing to those who appreciate the option of a lower minimum deposit through its digital platform.
Pros:
- Low minimum deposit for digital accounts
- Secure investment
Cons:
- Standard rates without promotions
In conclusion, Equitable Trust is an excellent choice for conservative investors seeking a solid return with a 1-year GIC rate of 3.30%, particularly those who prefer a lower minimum deposit option and the convenience of a digital banking platform. This offering is well-suited for individuals looking to grow their savings securely without committing large sums upfront.