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Discussion forum General comparisons Canadian Direct Financial

Canadian Direct Financial  
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4:01 pm
March 6, 2009


looking_for_best_rate

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Anyone heard of this bank? Is it stable? They seem to be offering the best rate of 3.0% after HSBC's promotion expires on March 16 (I know Peoples' Trust is offering 3.6% but I cannot put money in a place with no online banking).

Any comments or opinions is appreciated.

4:10 am
March 21, 2009


jeremywong

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Despite appearances, CDF has no online money transfer. You have to send an EFT form for each one-time transfer.

5:52 pm
March 25, 2009


Sandy

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Yeah, to do transfers you have to call them. But it takes 5 seconds once you send in that one-time set up form.
They are CDIC insured (I called CDIC to confirm). So you can't go wrong with the 3%. like you said, I cannot trust Peoples' Trust with no online banking. Even though you can't do electronic transfers I'd still like to 'see' my money using online banking.
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