Oaken Financial GIC Rates Today

Qayyum Rajan is a CFA Charterholder who has previously worked at CIBC, RBC Dominion Securities and Sentry Investments before creating his own fintech ventures. He has been a financial advisor, analyst and portfolio manager who is passionate about helping people reach their financial goals. Qayyum is the owner of Wealth Awesome where he writes financial content and creates tools for over 20,000 Canadian investors.

Expertises: finance, investment, stocks
 

What are the current Oaken Financial GIC rates?

Oaken Financial consistently has above market GIC rates, usually with one of the highest 1 year rates

Here is the latest 1,2,3,4 and 5 year rates.

The minimum investment for Oaken Financial GICs is $1,000.

Check out the GIC rates for 20+ Canadian institutions here

Oaken Financial Calculator


How to get a GIC at Oaken Financial?

1. Go to the term deposits page at the Oaken Financial Website

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2. Click Join Us on the top right and click on personal banking and then follow the page

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They will take you through the onboarding process which includes setting up biometrics with your mobile app for security.

3. Fund your account and purchase a GIC.

Once you complete the onboarding you can fund your account with e transfer, direct deposit or bank draft and purchase a GIC in their app.

Oaken Financial is a credit union, and so registering with them means you also have a $25 member fee, which entitles you to other benefits, as well as a yearly dividend payment – since you become a part owner.

Check out our list of the Top 20 Canadian GIC rates

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