Motive Savvy 1.75% | Motive Financial | 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

sp_Feed Topic RSS sp_TopicIcon
Motive Savvy 1.75%
May 18, 2022
3:07 am
file
Member
Members
Forum Posts: 119
Member Since:
August 1, 2015
sp_UserOfflineSmall Offline

The only way is uppppppp.

On the Motive website it is now showing 1.75% for the Savvy Savings, as well as TFSA. It's not reflected yet on my account but I suspect it's only a matter of time.

May 18, 2022
4:03 am
KamWest
Toronto
Member
Members
Forum Posts: 260
Member Since:
December 20, 2019
sp_UserOfflineSmall Offline

Effective date is May 17th

Screenshot-20.png

May 18, 2022
4:10 am
KamWest
Toronto
Member
Members
Forum Posts: 260
Member Since:
December 20, 2019
sp_UserOfflineSmall Offline

Just a tad better than the 1.70% at Hubert but the insurance at Hubert is appealing.

I always liked my Savvy Savings account at Motive because it had a high deposit limit. Unfortunately the rate has been non competitive for a while and I am hesitant to put money back in if they don't stay competative.

Also moving money at Hubert is less restrictive. Motive used to allow me to push any amount but now I have to pull it to move it around. At Hubert I can push and pull larger amounts.

So the insurance and push allowances are going to keep me at Hubert. Hopefully they increase rates to match.

Also Hubert pays 2.5% if you lock in for 3 months which really can't be beat by many institutions.

May 19, 2022
5:26 am
Alexandre
Member
Members
Forum Posts: 738
Member Since:
November 8, 2018
sp_UserOfflineSmall Offline

May 19th - an old 1.45% interest rate is still shown under Savvy Savings account in Web site and in app.
I wonder if they are waiting till the weekend to fix it.

May 19, 2022
8:31 am
gicjunkie
Ontario
Member
Members
Forum Posts: 581
Member Since:
November 7, 2014
sp_UserOfflineSmall Offline

Alexandre said
May 19th - an old 1.45% interest rate is still shown under Savvy Savings account in Web site and in app.
I wonder if they are waiting till the weekend to fix it.  

It's been fixed.

May 19, 2022
8:36 am
Alexandre
Member
Members
Forum Posts: 738
Member Since:
November 8, 2018
sp_UserOfflineSmall Offline

Not yet for me. This is what I see on web page right now:

Screenshot-2022-05-19-113508.jpg

May 19, 2022
10:42 am
bpwest
Member
Members
Forum Posts: 77
Member Since:
June 8, 2016
sp_UserOfflineSmall Offline

Alexandre said
Not yet for me. This is what I see on web page right now:

Screenshot-2022-05-19-113508.jpg  

Still 1.45% for me too, and I have a bit of money in acct.

May 20, 2022
7:26 am
JPenterprise
Member
Members
Forum Posts: 27
Member Since:
December 23, 2018
sp_UserOfflineSmall Offline

Just changed to 1.75% this morning.

Please write your comments in the forum.