Banks Are Hiding GIC Profits from You!
Update: 2025-07-04
Description
Are you settling for low returns on your GICs just because your bank said it’s the “best rate”? Think again.
In this episode of Make Money Count, we’re diving deep into Guaranteed Investment Certificates (GICs) and exposing how Canada’s big banks are holding back, sometimes up to 1% less than what you could be earning elsewhere.
Find out:
- Why banks offer lower GIC rates than other providers
- How GIC deposit brokers can help you earn more
- What net interest margins (NIMs) have to do with YOUR savings
- And how to start playing smarter with your money
Whether you're a cautious saver or a curious investor, this episode is packed with insights that can help you take back control of your financial future.
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