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Email this10:40 am
December 26, 2018
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Thanks, I would like to know about the experience of the people with these guys. Good or bad.
I am very disappointed with wealthone's after the conversation I had with their CS. I have secured 5% with Meridian for another 20 days.
Does anyone hoping to see another 5years at %5.30 soon?
5:46 pm
October 21, 2013
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You do realize that Accelerate is now the same CU as Hubert, yes? They are both online divisions of Access CU.
At some point Accelerate and Hubert will probably merge.
6:03 pm
January 12, 2019
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.
What Lonnie said ⬆ (Post # 22).
I'm guessing Access CU will fold AcceleRate Financial into the much better Hubert Financial, and AcceleRate will be no-more.
As for timing ... look for it to happen later this year, or early next.
My Two Centavos,
- Dean
" Live Long, Healthy ... And Prosper! "
10:16 pm
December 26, 2018
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I would assume that merger should be welcome by their members? I am thinking to buy a gic 5% for 7 years for my tfsa account.
10:46 pm
October 21, 2013
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Time will tell how beneficial it is. I voted against the merger but others are more optimistic. Sometimes (usually, in my experience) larger means worse!
If they maintain both the tiered one year GIC from Hubert and the longer-than-five-years from Accelerate, we should benefit, but it will depend on rates and quality of service being maintained at the level of Hubert. So far, at least, they seem to be moving cautiously.
I don't envision a problem for you with your seven year GIC, but you should assume that by the end of that term Accelerate Financial may be a different entity which includes Hubert and maybe others. Access has been aggressively courting smaller CUs to get them to join, so we don't really know what it will look like by 2030. You should expect though that your GIC will be honoured.
8:59 am
December 26, 2018
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Why wouldn't they honor me ?
May be they want to become one of the biggest institute in Canada like Meridian?
10:52 am
October 21, 2013
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They WILL honour it, as I said. I only mentioned it because some people are afraid that they may lose a GIC if there are administrative changes.
1:36 pm
December 26, 2018
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How long do I need to wait after filling out the application before they send me the log in information? @loonie
2:19 pm
October 21, 2013
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Sorry; I don't know. I don't belong to Accelerate, and it's years since I joined Hubert. I would expect it to be timely.
6:47 pm
December 26, 2018
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Still waiting for the confirmation email. I might call them tomorrow morning.
2:12 pm
March 18, 2021
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Canadianbull said
I would assume that merger should be welcome by their members? I am thinking to buy a gic 5% for 7 years for my tfsa account.
The Canadian CPI for January comes out February 21st which will boost interest rates. Month over much will be a lot higher and in American month over month marginally higher. I don't know if it will lead to any increases in GIC rates or not?
7:45 am
December 26, 2018
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Still waiting for the log in information. There has been e-mails going back and forth but I and accelerate but no progress on my end. I'm sure there has been some progress on their end. I hope soon I receive the log in information. I have made my mind to go with these guys unless someone offer better rate. I'm very disappointed with W1.
7:08 pm
December 26, 2018
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Not so impressive regarding opening account. Apply on about 10 days ago, by now the account is still not opened. I have not phoned yet, I have sent 3 emails no response!
1:41 am
December 26, 2018
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Finally received a
Package in mail today.
9:04 am
November 3, 2022
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Canadianbull said
Finally received a
Package in mail today.
What was in this package?
9:16 am
October 21, 2013
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I find that snail mail from Selkirk MB [Hubert] is generally slow, and can take up to two weeks, to Toronto. But perhaps this is coming from Wpg and is a bit faster?
4:07 pm
December 26, 2018
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It's about 10 days window from wpg to ab. The letter was issued on 13th and I received it on 20th.
2:41 pm
December 26, 2018
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Rail Baron said
What was in this package?
Information about the log in information. 12 cheques inside a very nice leather cover. 2 GIC applications.
2:43 pm
December 26, 2018
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Loonie said
I find that snail mail from Selkirk MB [Hubert] is generally slow, and can take up to two weeks, to Toronto. But perhaps this is coming from Wpg and is a bit faster?
So far, my experience with these guys is amazing! Superb CS. Their App/Site is much better compared to Hubert.
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