Northern Credit Union 4% High Interest Savings Account Offer | General comparisons | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Northern Credit Union 4% High Interest Savings Account Offer
March 13, 2018
10:26 pm
Wayno
Member
Members
Forum Posts: 64
Member Since:
January 10, 2018
sp_UserOfflineSmall Offline

Northern Credit Union will be posting a 4 days only (March 14-17) - 4% High Interest Saving Account Offer on Wednesday Morning !

Details of the offer will be available later on Wednesday morning at this url:

https://www.northerncu.com/personal/investments/special-offers/save-your-green/

regards,
Wayno sf-smile

March 14, 2018
7:48 am
Peter
Admin
Forum Posts: 825
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline

Looks like the rate is valid for 1.5 months (until April 30, 2018), then it reverts back to 0.85% below $25K or 0.95% above $25K.

March 14, 2018
2:50 pm
gamgam
Member
Members
Forum Posts: 47
Member Since:
February 13, 2018
sp_UserOfflineSmall Offline

Has anyone opened an acct with Northern CU from outside the province of Ontario? How difficult is it to transfer funds out at April 30th? Are there yearly membership fees?

March 14, 2018
6:40 pm
Loonie
Member
Members
Forum Posts: 3662
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

IMO, not worth the effort for such a short period of time unless you live in the area or already have a membership.

Thanks for posting though

March 15, 2018
6:54 am
julio
Member
Members
Forum Posts: 28
Member Since:
November 21, 2015
sp_UserOfflineSmall Offline

Thanks Wayno for the posting. Everything, like IDs, signature, utility bill, can be accomplished through their website. They’ve pulled $. At the end, gamgam, destination will pull $ and I will probably close the account, depending on then current offer. Excellent experience. Fast.

March 15, 2018
7:42 am
gamgam
Member
Members
Forum Posts: 47
Member Since:
February 13, 2018
sp_UserOfflineSmall Offline

Julio, thanks for posting. I am having difficulty uploading a pdf bank statement, utility statement or credit card statement? Any insight as to how to do this from an Ipad? This is my only stumbling block. All else went well. I took a screen shot but the application will not accept that.

March 15, 2018
9:46 am
gamgam
Member
Members
Forum Posts: 47
Member Since:
February 13, 2018
sp_UserOfflineSmall Offline

GamGam got it. Went thru iCloud Drive and uploaded. Acct opened. Yay!

March 15, 2018
1:42 pm
gamgam
Member
Members
Forum Posts: 47
Member Since:
February 13, 2018
sp_UserOfflineSmall Offline

Julio, would you have branch and institution numbers so one can link other accts? Thanks

March 15, 2018
6:19 pm
julio
Member
Members
Forum Posts: 28
Member Since:
November 21, 2015
sp_UserOfflineSmall Offline

GamGam, I will provide the numbers as soon I will receive them. I called and asked about it before opening the account.

March 15, 2018
6:53 pm
gamgam
Member
Members
Forum Posts: 47
Member Since:
February 13, 2018
sp_UserOfflineSmall Offline

Julio, I was told
Branch # 14492
Institution # 828

March 16, 2018
5:17 pm
Save2Retire@55
Member
Members
Forum Posts: 417
Member Since:
January 3, 2013
sp_UserOfflineSmall Offline

Thanks for sharing but it IMHO I prefer Tangerine's 2.5% or EQ's 2.3% which has been stable for a long time than a 4% for 1.5 months (Unless I have couple millions and they give the 4% with no limit - which I don't).

March 16, 2018
5:36 pm
gamgam
Member
Members
Forum Posts: 47
Member Since:
February 13, 2018
sp_UserOfflineSmall Offline

On 500K there is quite a difference between 4 and 2.5 percent

March 17, 2018
1:02 pm
Save2Retire@55
Member
Members
Forum Posts: 417
Member Since:
January 3, 2013
sp_UserOfflineSmall Offline

gamgam said
On 500K there is quite a difference between 4 and 2.5 percent  

Yes, $850 for 1 week and 10 days considering the person is new to DUCA and can get their account up and running by March 20th.

March 17, 2018
2:39 pm
Doug
British Columbia, Canada
Member
Members
Forum Posts: 1629
Member Since:
December 12, 2009
sp_UserOfflineSmall Offline

Wayno said
Northern Credit Union will be posting a 4 days only (March 14-17) - 4% High Interest Saving Account Offer on Wednesday Morning !

Details of the offer will be available later on Wednesday morning at this url:

https://www.northerncu.com/personal/investments/special-offers/save-your-green/

regards,
Wayno sf-smile  

Peter said
Looks like the rate is valid for 1.5 months (until April 30, 2018), then it reverts back to 0.85% below $25K or 0.95% above $25K.  

I hope you didn't add the 4% for 4 days only to the "promos" page. Or even for a month or so. That's highly gimmicky. Not really worth adding, in my view.

Cheers,
Doug

March 18, 2018
11:58 am
Wayno
Member
Members
Forum Posts: 64
Member Since:
January 10, 2018
sp_UserOfflineSmall Offline

It's valuable information to add ALL promotions in one location.
It shows exactly what is happening in the marketplace and the historical trend.

regards,
Wayno sf-smile

March 18, 2018
1:01 pm
julio
Member
Members
Forum Posts: 28
Member Since:
November 21, 2015
sp_UserOfflineSmall Offline

And it offers options for those who decide to act based on their individual goals. Please keep all promos in one place, even the “meaningless” ones, as “meaningless” to one is “excellent” for another. Thank you.

April 3, 2018
1:21 pm
julio
Member
Members
Forum Posts: 28
Member Since:
November 21, 2015
sp_UserOfflineSmall Offline

GamGam, to get money out of Northern CU, I asked Northern for an emailed Preauthorized Enrollment Form in lieu of cheques. That I presented to the FI doing the pull. You have the numbers correct, they are on the Form. Then I requested a pull transfer online for a nominal amount. The money arrived in less then 24 hours. I did this in preparation for when the current promo ends at the end of this month.

April 3, 2018
1:26 pm
gamgam
Member
Members
Forum Posts: 47
Member Since:
February 13, 2018
sp_UserOfflineSmall Offline

Thankyou so much Julio! Excellent! I have linked EQ and Tangerine. Should this be sufficient as well? I had issues receiving interest due March 31. Finally had the manager call me and fix it up. All is good now.

April 3, 2018
4:24 pm
julio
Member
Members
Forum Posts: 28
Member Since:
November 21, 2015
sp_UserOfflineSmall Offline

I don't know what you mean by"sufficient as well". Initiate a pull by loging into EQ and/or Tang for a small amount. I encountered not charges doing so.

April 3, 2018
5:59 pm
gamgam
Member
Members
Forum Posts: 47
Member Since:
February 13, 2018
sp_UserOfflineSmall Offline

Julio you are only allowed one free withdrawal per month. $5.00 per withdrawal after that. I may have to call EQ and have them pull as amount maybe over their incoming ETF limit.

No permission to create posts

Please write your comments in the forum.