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Email this12:20 pm
September 15, 2017
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Savings account interest rates decreased substantially to 3.50% from 4.00% and GIC rates reduced, as shown on GIC Chart.
2:18 pm
August 29, 2019
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It would seem that Wealth One may be expecting a flood of withdrawals after the drop in interest rates. Just attempted to withdraw and discovered (only by trying multiple times) that the maximum bank to bank online transfer out has now been reduced to $10K!!
3:31 pm
October 21, 2013
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Originally, W1 said they were going to offer chequing, but that never materialized. That would have provided an alternative for withdrawals.
You SHOULD, however, be able to set up a link FROM elsewhere, such as Hubert or Tangerine, and PULL money out of W1 that way. You can't do this from the Big Banks as they don't enable it.
Alternatively, if you have a lot of money that you need to get out, a wire transfer may be in order, but there will be a fee.
6:52 am
September 15, 2017
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Savings interest rate down to 2.85% and GICs for 1 yr. & 1 1/2 yrs. down to 3.75% p.a.
11:33 am
April 9, 2013
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Where did you see the HISA rate down to 2.85%? Their webpage still shows 3.10%.
12:28 pm
September 7, 2018
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speedwagen said
Where did you see the HISA rate down to 2.85%? Their webpage still shows 3.10%.
Their website shows 2.85%. (dated Sept 26)
2:50 pm
April 9, 2013
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I found the discrepancy. I normally just check the rate @ the top of the page. It still says 3.10% (white on black background, next to woman hugging her granny), but when you insisted it was 2.85%, I panned further down where it definitely states 2.85%. Not sure why they can't get their story straight??
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