Attention Fellow Savers!
We wanted to bring to your attention Hubert Financial’s Redeemable One-Year Term Deposit. This product offers the potential for an above average savings rate for people willing to lock in their deposit for a minimum of three months.
Hubert’s One-Year Redeemable Term Deposit pays an increasing interest rate for each three-month segment. Keep your money invested for a full year and the average rate is 5.20% – but you can redeem the deposit at any time. The catch, if there is one, is that if you redeem between a quarter you will not receive interest for that quarter. For example, if you redeem in month seven, you will only receive interest for six months — so plan any early redemption accordingly.
Deposits at Hubert Financial are 100% guaranteed by the Deposit Guarantee Corporation of Manitoba.
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