Log In
Register
Home
Topic RSS
Facebook
Twitter
Email this4:38 am
February 7, 2019
Offline
Effective on November 9, 2023, DUCA is going self-serve for opening Promo accounts and self-serve for transfers to the Promo account. No phone call required!
They are also eliminating the end date apparently "allowing you to enjoy the promotion without any time restrictions" but I suspect it's more like "we're not committing to a duration for 6.25% and we're giving us the option to reduce the rate at any time".
| CGO |
6:55 am
March 15, 2019
Offline
"suspect it's more like "we're not committing to a duration for 6.25% and we're giving us the option to reduce the rate at any time".
Will DUCA give reasonable advance notice if they discontinue the promo?
7:30 am
January 3, 2009
Offline
If they do decide to discontinue the rate it's much easier for me to move my funds elsewhere.
7:38 am
February 7, 2019
Offline
COIN said
"suspect it's more like "we're not committing to a duration for 6.25% and we're giving us the option to reduce the rate at any time".Will DUCA give reasonable advance notice if they discontinue the promo?
The email doesn't say ...
| CGO |
7:40 am
February 7, 2019
Offline
phrank said
If they do decide to discontinue the rate it's much easier for me to move my funds elsewhere.
Actually, you can do that now. You can move $ out of the promo account and then push it or pull it as you wish. Currently you just can't add $ to the promo account.
| CGO |
11:54 am
January 3, 2009
Offline
cgouimet said
Actually, you can do that now. You can move $ out of the promo account and then push it or pull it as you wish. Currently you just can't add $ to the promo account.
I've been reluctant to move money out sometimes because it's a hassle to move it back. I didn't mean that with this change you are able to move it out, I meant it will be easier to do what I want and move my money where ever I want, including back in or out.
12:22 pm
March 30, 2017
Offline
COIN said
"suspect it's more like "we're not committing to a duration for 6.25% and we're giving us the option to reduce the rate at any time".Will DUCA give reasonable advance notice if they discontinue the promo?
Whenever there is a rate change, promo or not, there is no obligation to give 'reasonable advance notice'. Most are immediate / next day and I rarely was given a "heads up" either. That applies to GIC change too in most instant (There are a couple of CUs that will give u the email heads up, big6, not a chance)
6:49 am
August 20, 2019
Offline
5.75 as of this morning. Maybe promo page update?
6:58 am
March 15, 2019
Offline
AR said
5.75 as of this morning. Maybe promo page update?
Does this mean no longer 6.25%?
6:58 am
February 7, 2019
Offline
AR said
5.75 as of this morning. Maybe promo page update?
Hmm!
| CGO |
7:11 am
February 7, 2019
Offline
AR said
5.75 as of this morning. Maybe promo page update?
This is what they sent Monday at 14:30 ...
| CGO |
7:18 am
May 20, 2016
Offline
Wow, the rate dropped to 5.75% so quickly? This is not a good sign.
I logged into my account, it still shows 6.25%.
7:19 am
January 3, 2009
Offline
cgouimet said
This is what they sent Monday at 14:30 ...
Lol, so if this isn't an error, they're technically they're breaking their own rules as I see on the website it lists 5.75% everywhere now and it's not Nov 9th yet, unless the note at the bottom was effective immediately and the service change is the only thing changing on the 9th. My account details still shows 6.25%, but all banners show 5.75%.
7:21 am
March 30, 2017
Offline
so existing deposit grandfathered at 6.25%, new money 5.75% I guess.
50bps convenience charge for being able to DIY lol
7:21 am
February 7, 2019
Offline
phrank said
Lol, so if this isn't an error, they're technically they're breaking their own rules as I see on the website it lists 5.75% everywhere now and it's not Nov 9th yet. My account details still shows 6.25%, but all banners show 5.75%.
My read is that if you have an existing promo at 6.25% till Jan 31, you should be at 6.25% till Jan 31 but it seems new accounts will now be 5.75%
| CGO |
7:23 am
February 7, 2019
Offline
savemoresaveoften said
so existing deposit grandfathered at 6.25%, new money 5.75% I guess.
50bps convenience charge for being able to DIY lol
"Great" minds think alike?
| CGO |
7:23 am
January 3, 2009
Offline
savemoresaveoften said
so existing deposit grandfathered at 6.25%, new money 5.75% I guess.
50bps convenience charge for being able to DIY lol
That makes sense in todays climate where you pay more to buy tickets etc online vs doing it in person!
7:25 am
January 3, 2009
Offline
cgouimet said
My read is that if you have an existing promo at 6.25% till Jan 31, you should be at 6.25% till Jan 31 but it seems new accounts will now be 5.75%
Does that mean you also won't be able to transfer in on your own if your grandfathered, 
.
The sloppiness of communication is just crazy. I just accept now how any transaction goes is based on luck of the draw.
7:29 am
February 7, 2019
Offline
phrank said
Does that mean you also won't be able to transfer in on your own if your grandfathered,
The sloppiness of communication is just crazy. I just accept now how any transaction goes is based on luck of the draw.
I'm guessing you will get the DIY ability to add to your promo account. But your rate is grandfathered because that's the offer they made that you accepted. Until Jan 31 ... Enjoy it ...
| CGO |
Please write your comments in the forum.