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Author Topic: Oaken (Canada). 1 billion on credit line. Yikes!  (Read 1347 times)

Heckler

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Oaken (Canada). 1 billion on credit line. Yikes!
« on: May 01, 2017, 01:31:37 PM »
http://www.cbc.ca/beta/news/business/home-capital-monday-1.4093202

I see the occasional post about having or getting high interest saving account at Oaken, which I have steadfastly ignored.

FYI for you Oaken customers, although you likely already know.
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NorthernDreamer

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Re: Oaken (Canada). 1 billion on credit line. Yikes!
« Reply #1 on: May 02, 2017, 11:19:43 AM »
I am glad I didn't get a high interest GIC with them...
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meghan88

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Re: Oaken (Canada). 1 billion on credit line. Yikes!
« Reply #2 on: May 02, 2017, 12:35:49 PM »
Yikes is right.  I keep my HISA at Alterna ... though they just lowered their rate from 1.95% to 1.9%.  https://www.highinterestsavings.ca/chart/ 
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