Accelerate 5 Year GIC | AcceleRate Financial | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS sp_TopicIcon
Accelerate 5 Year GIC
January 17, 2018
10:33 am
pebbles
Member
Members
Forum Posts: 30
Member Since:
August 19, 2011
sp_UserOfflineSmall Offline

Accelerate 5 Year GIC rate is now 3.10% subject to change

January 22, 2018
8:37 pm
gicjunkie
Ontario
Member
Members
Forum Posts: 182
Member Since:
November 7, 2014
sp_UserOfflineSmall Offline

Accelerate has upped the ante. Note the special 5 year rate of 3.20%.

AcceleRate Savings, Variable TFSA, RRSP, and RRIF 2.05%

AcceleRate GIC, TFSA, RRSP, and RRIF

1 Year Term 2.40%
2 Year Term 2.65% Special
3 Year Term 2.75%
4 Year Term 2.90%
5 Year Term 3.20% Special
6 Year Term 3.10%
7 Year Term 3.15%

January 23, 2018
6:03 am
AlainJF
Member
Members
Forum Posts: 111
Member Since:
January 16, 2017
sp_UserOfflineSmall Offline

gicjunkie said
Accelerate has upped the ante. Note the special 5 year rate of 3.20%.
 

That "5yrs @ 3.20%" is on the top of this chart this morning ( http://www.globeinvestor.com/s.....ndicator=N )

I am not a customer à Accelerate currently. Is there anything special to know about them ? (ex: Fees, how easy it is to move money in/out, daily-weekly-monthly limits, etc.).

January 23, 2018
8:42 am
Nehpets
Ontario
Member
Members
Forum Posts: 401
Member Since:
December 20, 2016
sp_UserOfflineSmall Offline

AlainJF said
I am not a customer à Accelerate currently. Is there anything special to know about them ? (ex: Fees, how easy it is to move money in/out, daily-weekly-monthly limits, etc.).  

Alain,
I had accounts at Accelerate until last year, and found them to be very pleasant to deal with....however, when compared to other high profile CU's like Hubert or an online bank like Alterna or Wealth One, Accelerate lacks electronic fund transfer capability, unless changes have occurred recently.

Deposits had to be made by mail, or if I recall correctly via their network of affiliated ATM's.

It was too inconvenient when compared to other online alternatives like those I referred to.

Accelerate is the online version of Crosstown CU.

Stephen

January 23, 2018
9:32 am
JetsFan
Newbie
Members
Forum Posts: 2
Member Since:
April 10, 2015
sp_UserOfflineSmall Offline

AlainJF said

gicjunkie said
Accelerate has upped the ante. Note the special 5 year rate of 3.20%.
 

That "5yrs @ 3.20%" is on the top of this chart this morning ( http://www.globeinvestor.com/s.....ndicator=N )

I am not a customer à Accelerate currently. Is there anything special to know about them ? (ex: Fees, how easy it is to move money in/out, daily-weekly-monthly limits, etc.).  

They don't have rate teasers to draw you in and then drop the rate. The rates are always consistently top of market so you don't have to keep watching. The online banking site has improved from the past so I can only assume they are working on improving the money moving/tech experience.

January 23, 2018
11:26 am
gicjunkie
Ontario
Member
Members
Forum Posts: 182
Member Since:
November 7, 2014
sp_UserOfflineSmall Offline

Apparently you are able to make deposits through their app by sending photos of the front and back of a cheque. They don't have the "me to me" transfer capabilty as yet. Don't know if they are planning to.
I have being dealing with them for about 6 years and have found them to be very efficient.

January 23, 2018
12:08 pm
toto
Member
Members
Forum Posts: 137
Member Since:
August 17, 2010
sp_UserOfflineSmall Offline

I've had Accelerate since they launched. I would never give them up as long the same 3 girls run it. They give the best customer service of any bank , in my opinion. I love their rate specials and they have known me by name since I opened my accounts.

Please write your comments in the forum.