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4.5% targeted esavings
November 24, 2022
1:33 pm
Sulaw
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April 15, 2022
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Got an email today for 4.5% until Feb 28, 2023, new money in. 1.4 + 0.75 (up to 200k) + 2.35.

November 24, 2022
4:08 pm
COIN
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March 15, 2019
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I think I'm still on the 4% promo but I gave up because CIBC made it a bit too complicated. For example, I think your balance has to increase by at least $200 each month.

November 24, 2022
9:01 pm
Moneyman2
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August 16, 2022
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Yeah, that's complicated

November 25, 2022
2:37 am
davidgeorge
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May 20, 2016
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Interesting. I received a 4.25% rate offer yesterday.

Screenshot-2022-11-25-053446.jpg

November 25, 2022
4:59 am
dougjp
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January 9, 2011
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davidgeorge said
Interesting. I received a 4.25% rate offer yesterday.

Screenshot-2022-11-25-053446.jpg  

I'm assuming from the wording that you are on the existing offer and this is their way of trying to retain existing money and get more?

However it says you get only 1.4% on existing balances and 4.25% on new money (min. $ 200- pm new money assumed). A somewhat complicated blended rate calculation for competitive comparison...

Another complication not previously discussed regarding the previous offer is that it was for a 4 month period from the start date, not a fixed end of month expiry like this offer. Therefore as in my case where expiry is mid December, the offer is only competitive for 3 1/2 months and the money will be withdrawn Dec 1.

The badness of a movie is directly proportional to the number of
helicopters in it.

November 25, 2022
3:56 pm
davidgeorge
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May 20, 2016
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No, I am not on an existing offer and the balance of my account is $0. I am not going to take this 4.25% offer anyway. My fund is on 4.9% with HSBC and will be moved to Tangerine after January 27. I received an email from Tangerine few days ago and will be offered 4.75% from December 1, 2022 to March 31, 2023.

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