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Video: High-Interest Savings vs GIC

In this episode of SavenSmarts, Floyd answers a question that we received from Ron in Toronto who wanted to know more about the difference between a Savings Account and a GIC.

Saven Financial has variety of GIC options that range from 1-year to 5-year terms. We also have one of the highest interest rates for a savings account you’ll find anywhere! Whether you need short-term savings for an upcoming purchase, or a medium-to-long-term investment option with one of our GIC’s, we’ve got you covered!

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