JohnnyCash said

No, they think their clients are naive and gullible. It's like they're throwing table scraps to stray dogs to see if they'll happily accept and wag their tails. Failing that, they'll maybe add some gravy to the mix, ie, up the rate a smidgen and try again.  

"They" don't seem to know that asute investors like us share information among ourselves.

Reminds me of the Gordie Howe story. When Bobby Baun joined the Red Wings,

Bobby: Hey Gordie, how much are the Red Wings paying you?
Gordie: Don't tell anybody but I'm the highest paid player on the team.
Bobby: Oh, so you're making over $100,000 a year.

" Gordie Howe discovered that teammate Bobby Baun was making over $100,000 per season, while Howe was paid only $45,000 per season. After getting this information, Howe confronted management and demanded that he received the appropriate compensation. Howe was always under the impression that he was the highest paid player on the team. 1969"
https://x.com/Jimfrombaseball/.....1774333990

jorno319 said

I believe a pull transaction would fall under the two included pre-authorized payments but would like to hear members' first-hand experience.

Thanks!  

Yes, my experience is that pull transactions count towards the 2 included transactions. At the end of a promo, I pull the principle before the end of the month (in this case no later than June 30), and then pull the interest around the 3rd or 4th of the next month.

The website and app slowness is very true and I find it funny EQ Bank and its Wikipedia article makes a deal about it being the first “cloud-first bank”, while only EQ Bank’s performance in reality is completely garbage so that doesn’t mean anything at all.

To troubleshoot your current website issues, try using a web browser with no preference or other customizations or try a different Wi-Fi in public or at work.

COIN said
Simplii must be getting desparate. Just got the following.

"Sign up now and earn 2.50% interest† until September 30, 2026 with your High Interest Savings Account. Only on eligible deposits up to $1,000,000. Terms apply."  

No, they think their clients are naive and gullible. It's like they're throwing table scraps to stray dogs to see if they'll happily accept and wag their tails. Failing that, they'll maybe add some gravy to the mix, ie, up the rate a smidgen and try again.

"Sign up now and earn 2.50% interest† until September 30, 2026 with your High Interest Savings Account. Only on eligible deposits up to $1,000,000. Terms apply."

SuperSaver said
I declined their 2.5% piddly offer as I am currently getting 4.25% at Tangerine until August 31st. By declining the offer as others have done, I am hoping that Simplii will come back with an improved offer of at least 3.0% expiring September 30th or later.  

"I declined their 2.5% piddly offer"
Wonder if anyone accepted their 2.5% offer? If Simplii get no takers maybe they'll get the message.

rk said
This should probably be a separate topic.
I have received a targeted offer from CIBC which sounds really good ... except it is not clear what "have not held (either jointly or individually) an eSA as determined by CIBC on the basis of its official records " means.
Anyway, if you have never had a CIBC eSA , this is an excellent offer.
I received a text message to log in, as an offer was available.
After logging in, I found it.
The link is not public, though (I need to be logged in in order to see it).
It says: Cash back and savings, all in one
Get rewarded for saving with up to $3,000‡ with the CIBC eAdvantage® Savings Account.
Basically you get some cash back depending on the minimum balance that you keep for at least 90 days.
The full terms are public: https://www.cibc.com/content/d.....en.pdf  

Seems a number of the big banks are jumping on the bandwagon and starting to offer lump sum promo offers on savings accounts where the bonus is paid out at the end of the 90 days. One nice thing is the bonus lump sum may not be taxable, meaning they don't issue T5 slips for the payouts, sort of like how you don't get a slip for cashback on a credit card, etc,. In this instance, the offer may be specifically targeted so it may not have broad appeal, interesting nevertheless.

ie. initiate the transfer at the external institution to pull the funds from the Coast Capital savings account to the external account

The service fees schedule for the savings account is as follows:

High-Interest Savings Account

Monthly fee: None
2 transactions included (1)
Additional transactions (1): $5.00

1. Transactions include Coast Capital and THE EXCHANGE® Network ATM withdrawals, Interac Direct Payment, pre-authorized payments, in branch transfers (between Coast Capital accounts), bill payments and withdrawals (in branch/self serve). Deposits and electronic transfers (between Coast Capital accounts) performed via Coast Capital ATM, Coast-by-Phone® , and Coast Capital digital banking are free and unlimited.

I believe a pull transaction would fall under the two included pre-authorized payments but would like to hear members' first-hand experience.

Thanks!

countysaver said
The EQ Bank App and webpage sometimes are slower to load than my other 'big-five' online banking services [RBC, Scotia] and small providers [PCF, Home] but I have yet to encounter a denial of access in the four years I've been a client. By slower, I mean 10-15 seconds compared to 1-5 seconds. I'm content with the delay in exchange for 2.75% interest on my spending accounts, Being optimistic, I expect EQ to improve as it expends and builds-out its technology.  

Very interesting now that you mention it, I noticed that too. Perhaps it represents the sign in signal going through multiple routers with checks along the way, most likely EQ's method of protecting themselves against hackers. Just guessing, that could sometimes affect the stability of the sign in process.

Dean said

Dean said

Four days later, and I'm Still having No sign-in problems with EQ.

The question Begs to be asked . . .
"Why are some having problems, and some not ?"

Dean  

What ... No Guesses/Thoughts/Ideas⁉️
Dean  

Oh OK then, I'll bite/byte

- Timing - when EQ is having a problem, or not
- Browser type and/or update to it causes failure by blocking some part of the login procedure until the next update fixes the problem they inadvertently created by trying to add security!
- Anti Virus used and its too aggressive settings or its latest update (now that might well be the culprit)
- Browser cache/cookies saved is faulty/corrupted from the last time logging out of EQ, usually when doing it too fast/closing the browser completely and fast. Use a browser that allows going in and deleting all cache and cookies, but for EQ only.
- And finally...... who knows!