September 20, 2016
I hit the big red enrol button on my email offer and received an email back from Pres. Choice confirming I would earn the 2.5% on "new"money in my existing (10 year old) Interest Plus savings account. I made the deposit and noted on my calendar to move it out before Aug. 31. I lost out on a similar offer last year because my cheque took longer to clear than normal and the "old" money was still sitting in the account when their new promotion started. Apparently large cheques require "Special Clearing" procedures and that process takes longer than normal cheques.
October 21, 2013
July 19, 2013
September 11, 2013
December 7, 2011
Today, when I logged-in to my account, I received the following message:
Now is a great time to have a President’s Choice Financial® Interest Plus Savings Account (IPSA). Enrol to take advantage of 2.5% interest on all new deposits until August 31, 2017.
Make new deposits into your account, stash a little cash and watch it grow.
To enrol simply click the Enrol now button, call us today at 1 866 747 8129 or visit a pavilion.
Thank you for enrolling.
You are now ready to earn with a great IPSA rate on new deposits until August 31, 2017.
And, just one single button at the bottom "Got it, thanks!"
June 10, 2016
January 3, 2013
December 7, 2011
Hello. How do you receive the offer? Did you receive an email or you get the offer when you log in to your account? I have been with PC for years now but never got a special offer. Maybe because I always move the money out!
Hello. I received the offer today, when I logged-in to my account.
I did not received an email offer from PC, only when I logged-in, I saw this offer there.
I also with PC for many years.
I do not keep a lot of money with PC, usually from a few dollars to $200 in no-fee account and $0 in savings account.
I also have TFSA opened with PC with $0 balance, but TFSA was not included in this current offer.
June 8, 2016
Kiosk folks not otherwise occupied yesterday, so I chatted with one while the other checked my profile; it was confirmed no 'PC soup for me'. They seemed to take an interest, and told me that if I had not received an email yet, I wouldn't. ( I do take your point, Bill, generally the kiosk folk are there to sign up new clients, and tell you 'head office do what head office do!)
I explained, nicely, that I would be happy to return some money to PCFin should they offer me a more competitive rate, and that people generally don't like these targeted promos, especially when they 'miss out'!!
Spoke to kiosk folks on May 3, as noted, 'no soup'; returned from weekend away & rec'd 2% offer (new deposits) when I logged on to PCFin banking May 8, so I did get an offer after all! My spouse rec'd likewise...Yay, I guess. Ball is in your court, Tangerine, let's see what you can do July 5??
April 16, 2017
Got a 2% offer just on TFSA and RRSP new deposits. I only have the savings and chequing with them, so it's no good to me. I moved $$$ out to Cd. Tire Bank.
It occurs to me that the type of customer PCF and Tang. are hoping to attract with the targeted offers are the ones who forget when the rate reverts to 0.8, just park the funds and they likely never get another upgrade offer. They're on to ones like the people who post on this site; we're too savvy and unprofitable for them.
October 21, 2013
April 2, 2015
March 9, 2013
I got the invitation for the 2.5% rate back in May, signed up and deposited a large-ish amount. The cash has been there for a partial month in May and the full month of June. However, the interest deposited doesn't add up. I thought it should be:
Am I making a silly mistake? The interest deposited corresponds to about a third of the above calculation. Has anyone else run into this?
April 6, 2013
The interest deposited so far is just the regular interest. That's currently 0.8% per annum.
Tangerine Bank usually pays their extra promotional interest monthly. In contrast, PC Financial usually accrues the extra promotional interest and pays it after the end of the offer period. Consequently, there will be a big interest payment in September for the difference between 2½% and the regular interest received so far.
This is from the 2½% offer terms and conditions (May 1, 2017 – August 31, 2017):
2. The special annual interest rate of 2.5% is a combination of the regular annual interest rate set by President’s Choice Financial payable on an Eligible Account balance (“Regular Interest”), plus promotional interest (“Promotional Interest”) that is calculated for the Offer Period on the Additional Balance as defined below.
4. Promotional Interest will be paid in September 2017 into a single Eligible Account held by a primary account holder. Promotional Interest will not be paid unless at least one of the primary account holder’s Eligible Accounts is active and in good standing as at August 31, 2017. If a primary account holder holds more than one Eligible Account, Promotional Interest will be paid to an Eligible Account in the following priority sequence: …