4.75% Promo Summer 2023 | DUCA Credit Union | Discussion forum

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4.75% Promo Summer 2023
May 15, 2023
9:03 am
Nehpets
Ontario
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December 20, 2016
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From email received today:

We're so pleased we can continue to offer our Members high interest savings opportunities! For the next three months, we're offering 4.75% on new deposits from now through August 31 through our summer Earn More Savings Promotion.

The Fine Print
•Deposit funds must be new to DUCA.

DUCA website details

Stephen

May 15, 2023
9:27 am
Norman1
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April 6, 2013
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As previously, deposits to the special promotional Earn More Savings Account are gated:

… The Promotion account is not accessible at an ATM and cannot be used for bill payments, telephone banking, remote cheque deposits, or any type of e-transfer. Eligible for a non-registered account only. When this offer ends, all funds in the Member's promotional account will automatically transfer into the regular non-promotional, non-registered Earn More Savings Account.

For current DUCA Members: Only eligible deposits made in-branch or through Member Connect qualify for the Promotional Rate. Online transfers and transfers through the DUCA phone app are not possible as the Promotion account is only accessible to DUCA staff.

May 15, 2023
2:47 pm
GR
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September 15, 2017
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Before depositing funds in any of Duca's savings accounts, members should determine if they want to entrust their funds with a financial institution that has denied responsibility to reimburse members whose funds were fraudulently stolen, through highly unusual transactions, while Duca was the custodian of the funds in their promo savings account!

May 15, 2023
2:53 pm
savemoresaveoften
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March 30, 2017
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This might be helpful to bridge the gap when the current Tang promo ends on Jul31

May 15, 2023
4:29 pm
mustang
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January 7, 2020
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It's convenient for moi, with our current Tang 4.75 expiring May 31

May 26, 2023
10:02 am
COIN
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March 15, 2019
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Does DUCA still pay 2% on interest it pays to clients?

May 26, 2023
1:25 pm
iotama
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March 3, 2022
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GR said
Before depositing funds in any of Duca's savings accounts, members should determine if they want to entrust their funds with a financial institution that has denied responsibility to reimburse members whose funds were fraudulently stolen, through highly unusual transactions, while Duca was the custodian of the funds in their promo savings account!  

Yup, not touching Duca even if they were on top of the charts.

First the fraud itself, then the shadowy way they handled the aftermath, should deter more folks imho. I'm actually surprised there is so little blowback.

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