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Gift from Oaken
November 26, 2015
12:05 pm
JBil
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I just received from UPS a gift sent by Oaken Financial. It's a big chocolate box with milk and black chocolate made especially for Oaken with their logo on the box and on the chocolate. They are really good.

Nice gift from them. I love chocolate :-)

November 26, 2015
2:30 pm
Yatti420
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Y'hear that Hubert lol ;) I love chocolate haha :) Always nice to get any kind of gift or freebie from the banks or CUs.. Even if its swag.. Gotta get those fees back somehow :)

November 26, 2015
4:48 pm
ertyu
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Wow, lucky you.

November 26, 2015
6:29 pm
panache
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Yes I received a box of chocolat from Oaken as well. My GICs mature in February. It's a great thank you and an appreciation of business. More than I have gotten from the big 5 and from any of the other financial institutions.

November 27, 2015
12:42 am
Loonie
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I am eagerly looking forward to my delivery!! thanks for the heads up. I wonder if spouse and I will each get one, as we both have GICs. In fact, I have 2 GICs - one registered and one not - maybe I get two boxes? sf-laugh

They gave these out last year too, for new customers. The quality of the chocolate is excellent, better than any other freebie chocolate.

However, GIC maturing later this month is a more serious issue. Will it be worth my while to reinvest? Rates matter, even more than chocolate, sadly.

November 27, 2015
6:14 am
Koogie
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Received our yearly Oaken sweet surprise as well. It is great customer feedback and obviously good "viral" advertising for them.

It came with a Christmas card. If they had sent just the card alone it would still be more acknowledgement than I have ever gotten from TD in nearly 30 years.

November 27, 2015
6:27 am
Loonie
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Ditto TD.
Also CIBC, BMO, RBC, Scotia, National and HSBC - all of which I have dealt with for varying lengths of time at one point or another over the years, never less than 10 years. In fact, for most of them I have had one product or another for at least 30 years, 45 at RBC!

I don't mind if my "newer" banks and CUs don't send gifts, as long as they give superior rates!

But where are my chocolates??sf-surprised

November 27, 2015
10:02 am
kanaka
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I assume most of you folks are in the East.......I wonder if they will do anything for us folks in the West? I recall that I received something last year but Loonie did not. Obviously not impressive enough to remember what it was.sf-surprised

November 27, 2015
3:34 pm
Loonie
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I'm in the east and have not received anything yet this year, kanaka.
I did get the chocolates last year, but it was when I went to their office in person to open the GIC and I specifically asked for them. They gave them to me, and said it was the last box. It was at the very end of that particular promo rate. I didn't get the feeling I was going to receive them if I hadn't asked. No courier; I walked out with them in my hands.
I'm pretty sure it was you who had given me the heads-up!

I think it's great cheap advertising from their point of view. The chocolates are good enough quality that you can share them with friends - and tell them how you got them.

November 27, 2015
9:39 pm
kanaka
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Loonie said

I'm in the east and have not received anything yet this year, kanaka.
I did get the chocolates last year, but it was when I went to their office in person to open the GIC and I specifically asked for them. They gave them to me, and said it was the last box. It was at the very end of that particular promo rate. I didn't get the feeling I was going to receive them if I hadn't asked. No courier; I walked out with them in my hands.
I'm pretty sure it was you who had given me the heads-up!

I think it's great cheap advertising from their point of view. The chocolates are good enough quality that you can share them with friends - and tell them how you got them.

Sept 2014 I posted...

Today I received a personally signed birthday card from Oaken. Along with it was a Gift Card for Tim Horton's. Very nice....much appreciated!!!

Sept 2015 zilch.

November 28, 2015
3:07 am
Loonie
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Good thing you got the Tim's and I got the chocolate! sf-smile I rarely go to Tim's.

Let's hope they keep trying! Maybe the chocolates are only for first-year customers, but, then, my spouse has never rec'd anything at all, and I would not have if I hadn't requested. Nobody else was walking out of there with chocolates, and it was very busy there, the last day of promo.

I did get a phone call once a long time ago wanting to know if I was happy with them. The guy sounded rather uncomfortable making the call, I thought. It was almost endearing.

November 28, 2015
6:51 pm
JustMe
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Oaken: savings 1.75%, 1yGIC 1.95%
Accelerate: 1.80%, 2.00%

On 100K that is $50 difference. For $50 I can buy a lot of high quality, healthy, organic dark chocolate. So you got a box of chocolate you are salivating about (bought at wholesale for $10 or less) while they kept $40 or more of your $. Enjoy!

I still prefer $ vs. 'gifts' so I can decide what to buy. Nevertheless, it is nice gesture.
Do not care about gifts as long as somebody pays me top dollars on my $.

November 28, 2015
9:51 pm
Loonie
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At 2.1 and 2.5, Oaken's current 2 and 5 year GIC rates are the same as Accelerate - plus chocolates and CDIC coverage for those who prefer such things. Oaken also offers 18 months at 2.05, which Accelerate does not. It all depends on what you're looking for at any given moment in time.

Speaking for myself, the GICs I bought there were the best deal at the time (plus chocolatessf-cool).

November 29, 2015
12:07 pm
kanaka
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JustMe said
I still prefer $ vs. 'gifts' so I can decide what to buy. Nevertheless, it is nice gesture.
Do not care about gifts as long as somebody pays me top dollars on my $.

Loonie said
It all depends on what you're looking for at any given moment in time.

Speaking for myself, the GICs I bought there were the best deal at the time (plus chocolatessf-cool).

Justme. Loonie is correct in regards to rate comparisons today vs the past best choices. I would rather have "investment bank accounts (7)" over and above my regular day to day accounts (2). This allows me the "best rate" at the time vs chasing for those 3 month or 6 month deals.sf-confused

November 29, 2015
6:36 pm
frizun
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Last year at this time Oaken was offering a bonus interest of .25% on any GIC.
Too bad that ain't happening this year.
Thats the kind of sweets I'm looking for.

December 24, 2017
9:48 am
Caledondave
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Both my wife and I received a nice box of chocolates from Oaken as well. Nice bit of swag to get. Nice to be appreciated. Too bad other banks don't do this as well.....particularly the big five who have been taking advantage of me for years.

Thank you Oaken and thanks to Foster!

December 16, 2018
10:52 am
GR
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This month, did anyone receive yet the annual holiday gift from Oaken of a box of chocolates for selected clients?
OR was this goodwill gesture cancelled with cutbacks?

December 16, 2018
11:02 am
Retep
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I keep hearing about Oaken’s annual Christmas gifts. Is this only in the East...like Toronto only? Has anyone in the west received? Is it worth removing hundreds of thousands of dollars from my and my wife’s accounts? These guys should NOT target who gets a gift and who doesn’t!!!!!!!

It is a worth while effort to turn on ALERTS on your Credit Cards and Bank/Credit Union Accounts.

December 16, 2018
1:26 pm
toto
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I get the chocolates every year and I live in a small town in BC.

December 16, 2018
3:57 pm
Retep
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Holy! They deliver to Spuzzum and Tulameen?

Just kidding.

Merry Christmas

It is a worth while effort to turn on ALERTS on your Credit Cards and Bank/Credit Union Accounts.

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