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Ukrainian CU HISA 3.75% Promo
July 28, 2022
10:06 am
Nehpets
Ontario
Member
Members
Forum Posts: 969
Member Since:
December 20, 2016
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Seen on the Ontario based UCU website Earn 3.75% HISA For 6 Months

3.75% Interest Rate for 6 months on New Money Only
Boost your savings with great rates on our High Interest Savings Account.

Earn 3.75% for 6 months hassle-free with:

    No minimum balance or deposit required
    No withdrawal restriction
    No monthly fees
    Maximum eligible account balance is $750,000 per Member
    The promotion is for new money only – transferred from other financial institutions. Our offer is not eligible for transfers from other UCU accounts including savings, term deposits, ucublu and ucublu too.

The interest rate per annum is calculated daily and paid monthly. Interest earned is taxable and a T5 slip will be issued.

This offer is available from July 22, 2022, and expires on January 22, 2023.

Rate is subject to change without notice.

On inquiring, it is not clear if there is a penalty for withdrawing funds prior to the completion date of the promo. Waiting for clarification.

Stephen

July 28, 2022
11:08 am
FastJonny
Ontario
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Forum Posts: 44
Member Since:
February 20, 2022
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On inquiring, it is not clear if there is a penalty for withdrawing funds prior to the completion date of the promo. Waiting for clarification.

Stephen  

I noted this on the UCU website. Something to consider...
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New to UCU?
Sign-up online today and we will reimburse the $150 required for your membership shares with a minimum one year, $1,000 term deposit or GIC using promo code UCUGIC.
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July 28, 2022
2:20 pm
COIN
Member
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Forum Posts: 1095
Member Since:
March 15, 2019
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My concerns is that rates will be dropping in 6 months. (We could be in a recession.)

July 28, 2022
6:05 pm
Bill
Member
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Forum Posts: 3846
Member Since:
September 11, 2013
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USA has had 2 quarters of contraction but everybody who wants to work can find work, i.e. has money to spend. Is that a rate drop or rate increase scenario?

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