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RBC "new net deposit" bonus promo
July 15, 2014
12:52 pm
rqs
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RBC has announced a new "new net deposit" bonus promo running July 2- September 30/14. Rate is 2.00% comprised of 1.05% regular rate plus .95% bonus. "New net deposit" defined as increase over July 1/14. Other rules appear to be same as PC Financial/Tangerine.

July 16, 2014
1:54 pm
rqs
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complete terms and conditions at
http://www.rbc.com/gettheboostagreement

July 16, 2014
2:57 pm
james1900
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rqs said

complete terms and conditions at
http://www.rbc.com/gettheboostagreement

I can't find a way from homepage of http://www.rbcroyalbank.com to navigate to above link. Any hints?

Since those from time to time "promotions" are so unpredictable, I thought out a way. I maintain two e-savings accounts with RBC. One is almost zero(say No.1), the other (No. 2) is normal amount. After seeing the promotion, I transfer from No.2 to another bank, then transfer the money to No.1 directly. In terms of No.1 eSavings account, is the money regarded as "new money"? Ahhh, I saw "Example 3" of above link. They have plugged the hole.

July 17, 2014
10:33 am
Peter
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Should I add a "current promotions" static page to this site? Then there would be a single place for people (especially those who are willing to transfer between financial institutions to chase rates) to check for referral, new deposit, and other temporary offers.

July 17, 2014
10:36 am
rqs
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Absolutely!

July 17, 2014
11:10 am
james1900
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Peter said

Should I add a "current promotions" static page to this site? Then there would be a single place for people (especially those who are willing to transfer between financial institutions to chase rates) to check for referral, new deposit, and other temporary offers.

Yes, please add "current promotion". If someone can offer hints of expected coming promotions, it will be even greater (move out money, when promotion, move back, since all banks require "new money").

July 17, 2014
7:19 pm
James
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Great ideas. I'm on board. I like the idea about tips for when to move money out. This, like the history feature on the comparison chart, could be very valuable.

July 20, 2014
4:23 pm
musicalmaestro
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Wow guys, thanks for the info, lot of potential in this "hidden" thread.
Thank you and keep it up!

July 20, 2014
5:23 pm
musicalmaestro
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FYI Path to the pdf link above can be found through rbc's rates page .
http://www.rbcroyalbank.com/ra.....l#esavings
Under rbc high interest esavings of course.

July 21, 2014
7:03 am
JW
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Yes I would like a Current Promos page. It would be a huge benefit to all that chase rates.

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