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1 Percent Match - 2025
November 4, 2024
1:38 pm
hwyc
GTA
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September 30, 2017
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https://www.eqbank.ca/one-percent-match

Any new deposits or transfers made to an FHSA Savings Account, a TFSA Savings Account, or an RSP Savings Account between November 1st, 2024, and February 28, 2025 are eligible for the offer.

We will match 1% (Footnote *) of any new funds transferred or deposited into your FHSA Savings Account, TFSA Savings Account, or RSP, between November 1, 2024, and February 28, 2025. Contributions must be kept in the registered accounts for one year after the promotion end date to be eligible for all four quarterly payments.

The bonus will be calculated based on your registered account’s balance on May 31, 2025, August 31, 2025, November 30, 2025, and February 28, 2026, and will be paid directly into the registered account.

The bonus is based on new funds only, and withdrawals will affect your bonus payout as follows:

Partial Withdrawals: if funds are partially withdrawn before February 28th, 2025, or during the 12-month bonus payout period, the bonus will be calculated and paid on the remaining amount only.

Complete Withdrawals: if funds are withdrawn entirely and not reinstated before February 28th, 2025, you will no longer be eligible for the 1% bonus. (Footnote *) If funds are entirely withdrawn during the 12-month bonus payout period and not reinstated before the next payment calculation date (dates mentioned above), you will also become ineligible for further bonus installments.

November 4, 2024
2:34 pm
hwyc
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Isn't this like a 1-yr 1% cashable, quarterly paid, in disguise?

November 4, 2024
5:25 pm
Alexandre
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November 8, 2018
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It is almost given that rates will keep going down in the next 12 months. The offer is for funds that are kept for a year. It would make more sense to buy EQ 1yr GIC at 4% today's rate, than keep money at 3.5% and declining rate.

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