Canadian High Interest Savings Bank Accounts - Forum: Oaken Financial

Norman1 on Push/pull OUT of oaken?

Wed, 28 Oct 2026 07:53:57 -0700

This was addressed previously in Oaken Transit number and bank number and Unable to link account to Oaken for EFT from other bank.

CGO on Push/pull OUT of oaken?

Wed, 28 Oct 2026 07:51:16 -0700

Oaken doesn't have transit numbers so other FI's can't link to Oaken.

But Oaken uses Flinks to establish connections to your accounts at other FI's so that you can move $ to/fro your accounts at those FI's.

Poor Richard on Push/pull OUT of oaken?

Wed, 28 Oct 2026 06:42:53 -0700

Sorry if this has been addressed, but I can't find the answer. Recently opened joint account & a TFSA savings account each @ Oaken. Sign & linking up was an "experience". The CSR claims I cannot link the joint account from other banks to pull or push money into or out of Oaken. I'm finding this hard to believe. Has anyone successfully linked from another FI and pulled funds into or out of Oaken using the transit & FI info posted here?
Thanks!

Rail Baron on Savings Acct balance error on Sep. statement

Tue, 27 Oct 2026 02:39:19 -0700

I (belatedly) checked my messages from Oaken to discover this announcement:

Please be advised that your September 2026 savings account statement(s) available through Oaken Digital contained an error where the "Balance from previous statement" was incorrect. Corrected September 2026 savings account statement(s) are now available on Oaken Digital. Please disregard any previously downloaded September 2026 statement(s). We apologize for this error.

I never saw the erroneous statement, as I missed downloading it in th window before they issued the corrected statement.

Did anyone become temporarily richer from this savings statement error, like Uncle Pennybags in Monopoly?

savemoresaveoften on What an Offer !!!!

Fri, 16 Oct 2026 08:04:55 -0700

I don't see why any adult wants to invest in GICs in the hundreds.... Maybe for kids to have a savings habit but that is also very 1980s...

GR on Oaken GIC Rates DOWN Slightly

Fri, 16 Oct 2026 00:04:05 -0700

1 year and 2 year rates dropped 5 basis points each to 3.75% and 4.20% p.a.
18 months GIC is 3.80% p.a.

dell15454 on What an Offer !!!!

Thu, 15 Oct 2026 03:50:30 -0700

Might suit someone who wants to invest $500 but can't stretch to $1,000

hwyc on What an Offer !!!!

Wed, 14 Oct 2026 08:15:32 -0700

... I thought there is already a handful of FIs with $100 GIC. Oaken is only joining the club.

There is a psychological barrier on me. I locked up the funds for only for a few bucks. I have to put in no less amount of time and effort than a $10,000 GIC

CGO on What an Offer !!!!

Wed, 14 Oct 2026 05:16:22 -0700

Think of the ladder a masochist could set up ...

Every Monday for 12 months, buy 5 $100 GIC's, 1/2/3/4/5Yrs.

kelbee on What an Offer !!!!

Wed, 14 Oct 2026 03:45:47 -0700

The $100 minimum is only if you create the GIC online. If you call, or visit, then the $1000 minimum applies.

Dean on What an Offer !!!!

Wed, 14 Oct 2026 02:11:13 -0700

.
Here's their Login Link ➡️ https://digitalbanking.oaken.c.....ignin.aspx

They now appear to be offering $100 GICs, in spite of the fact that their GIC 'Minimum Deposit' is still $1,000.

Go Figure⁉️

Dean

Nehpets on What an Offer !!!!

Wed, 14 Oct 2026 00:24:28 -0700

Posted on Oaken website, on login page:

You asked. We listened. Now introducing $100 GIC's, exclusively at Oaken Digital - Starting October 9th!

Now there's an offer you can't refuse!!!

fully-retired on Heads up. Oaken will not send rate changes notice anymore and more importantly, they won't update recently renewed GIC to reflect new rates

Fri, 02 Oct 2026 01:42:46 -0700

Oaken just sent an updated GIC price list for 2-5 yr. terms. Great rates. Sorry,don't know how to post these articles.

CGO on Heads up. Oaken will not send rate changes notice anymore and more importantly, they won't update recently renewed GIC to reflect new rates

Fri, 02 Oct 2026 01:34:22 -0700

The only system issue I have with Oaken is that no matter what I do, we keep getting paper confirmations of investments and paper maturity reminders. And that is with Oaken telling me on a number of occasions that we am not getting any of those because our profiles are set up properly for 100% electronic communications.

CGO on Heads up. Oaken will not send rate changes notice anymore and more importantly, they won't update recently renewed GIC to reflect new rates

Fri, 02 Oct 2026 00:21:55 -0700

dougjp said

I find their website is the "organizer" in your case, and is way better than other banks I've seen. Just login to your account once a month (or more frequently) and it will clearly show upcoming expiries in different brown coloured text, and adds a "manage maturity instructions" click on arrow instead of the usual arrow for more information beside each GIC. I currently have 3 expiring in less than 30 days, and if I recall, my first e-mail notices of upcoming expiries arrived almost 30 days beforehand.

There are some hidden gems in the Oaken Online Portal.

By default, the Account Summary is sorted by Account Name.

The GIC Section has 3 Headings: "Account Name", "Maturity Date" and "Fair Market Value". When you click on one of the Headings, you change the sort order and little arrows appear to indicate the order. Every time you click you reverse the order.

The Savings Accounts Section is also sortable although you're not likely to have 90 of those ...

Also, there is a "Customize Accounts" option under "Profile & Settings". There you can give accounts Nicknames. I always nickname our GIC's to better describe them. For example ...

OAKB Ind 01 24Mo
OAKB Jnt 01 36Mo
OAKT Ind 01 48Mo