E-Savings and TFSA rates are down | Peoples Trust | Discussion forum

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E-Savings and TFSA rates are down
August 5, 2020
8:46 am
potofgold
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I just checked the website today and the rate is at 1.75% for both accounts.

August 5, 2020
2:00 pm
Loonie
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Thanks.
At least EQ lets us know when they lower the rate.

August 14, 2020
8:43 pm
Sonz
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I just got a call from”Roland” at Peoples. He said that a special rate was being offered to some clients and then asked if I would be interested in moving funds from my HIS to a 6 or 9 month GIC. He offered 1.85%. Have any if you received a similar call?

August 14, 2020
9:52 pm
Loonie
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No, but I moved most of my cash out of there several weeks ago. Sounds like a retention offer.
I would suggest you confirm the offer by phoning them on Monday, if you are interested. In the meanwhile, maybe change your password, just in case. It may be legit, but who knows?

August 15, 2020
5:24 am
Sonz
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Thanks Loonie - will change the passwords but any reason why you moved?

August 15, 2020
10:59 am
GICinvestor
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Loonie said
No, but I moved most of my cash out of there several weeks ago. Sounds like a retention offer.
I would suggest you confirm the offer by phoning them on Monday, if you are interested. In the meanwhile, maybe change your password, just in case. It may be legit, but who knows?  

Just FYI Roland sounds legit as I have spoken to him many times. He has a very nice voice....

October 1, 2020
9:03 am
GR
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E-Savings and TFSA Savings rates are down today to 1.50% at Peoples Trust and Peoples Bank.

November 2, 2020
12:51 pm
GR
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E-Savings and TFSA Savings rates are down today to 1.35% at Peoples Trust and Peoples Bank.

November 29, 2020
7:15 am
GR
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E-Savings and TFSA Savings rates are now down to 1.30% at Peoples Trust and Peoples Bank.

March 4, 2021
9:46 am
AlainJF
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GR said
E-Savings and TFSA Savings rates are now down to 1.30% at Peoples Trust and Peoples Bank.  

General question to current client of the E-Savings account: How easy is it to move money in a out ? ( daily limit, weekly limit, hold period, fees, ect ?)

March 4, 2021
10:55 am
topgun
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Have a Great Day

March 4, 2021
11:39 am
Loonie
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I don't know what their policy is, but I have moved as much as 50k in one transaction without difficulty.
It's possible that I've moved more, but this was the transaction I could easily see at a quick glance.

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