Concentra Name Change: Wyth Financial - September 27 | Page 3 | Wyth Financial (formerly Concentra Bank) | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Concentra Name Change: Wyth Financial - September 27
September 29, 2021
5:35 am
Nehpets
Ontario
Member
Members
Forum Posts: 983
Member Since:
December 20, 2016
sp_UserOfflineSmall Offline

speedwagen said
I'd like to start by saying that Wyth has to be the most retarded name for a bank that I've ever heard 

Perhaps ill-suited or unbecoming might be more appropriate choice of words.

I have to retrieve a security code every single time I login,

Is the checkbox to "Remember This Device" checked to deposit a cookie on your device?

Anyone have any success linking any acc'ts with it & more specifically,

All my pre-existing linked accounts from the Member Direct platform were successfully migrated.

It's like the new platforms from Crappy Tire & Manulife, which are totally useless,

Agreed! It is mind-boggling that a beta version of a partially functioning platform is released for open use. There seems to be a generation of web designers that carry their childish obsession with video games into platforms intended for mature and serious matters.

Being familiar with beta testing, I have noted several issues with functionality on the WYTH banking platform, but not the issues you have described.

Stephen

September 30, 2021
1:02 am
speedwagen
Member
Members
Forum Posts: 65
Member Since:
April 9, 2013
sp_UserOfflineSmall Offline

Stephen said: All my pre-existing linked accounts from the Member Direct platform were successfully migrated.

I wasn't referring to the external acc'ts previously linked; I was referring to the new function supposedly available to link new acc'ts which uses flincks, which is an external 3rd party server that would link the host server with the external FI's server, whereby you login to the external server & flincks transfers your acc't # etc. to the host server that creates a new external link...comprende?

Any way it's not working for me & I was wondering if anyone else has succeeded in linking external acc'ts or failed to link HSBC.

I have noted several issues with functionality on the WYTH banking platform, but not the issues you have described.

I'm curious to know which issues you've encountered??

As far as the "Remember This Device" checkbox you alluded to, yes it's checked.

In any case, I've got them looking into both issues & they weren't aware of either.

September 30, 2021
5:06 am
canadian.100
Member
Members
Forum Posts: 946
Member Since:
September 7, 2018
sp_UserOfflineSmall Offline

Concentra was easy and user friendly. Not the case with "Wyth" - amateur hour right from the start........functionality is clunky and not dependable etc. Weird name (Wyth) and weird to use "online.wyth.ca" to sign in. Edge browser will not work to access site - Chrome will work. There are better FIs to deal with.

September 30, 2021
5:49 am
hwyc
GTA
Member
Members
Forum Posts: 1174
Member Since:
September 30, 2017
sp_UserOfflineSmall Offline

canadian.100 said
Concentra was easy and user friendly. Not the case with "Wyth" - amateur hour right from the start........functionality is clunky and not dependable etc. Weird name (Wyth) and weird to use "online.wyth.ca" to sign in. Edge browser will not work to access site - Chrome will work. There are better FIs to deal with.  

Try using with the protocol qualifier "https:"
I think the default is "http:" (& that won't work)

September 30, 2021
7:23 am
canadian.100
Member
Members
Forum Posts: 946
Member Since:
September 7, 2018
sp_UserOfflineSmall Offline

hwyc said

Try using with the protocol qualifier "https:"
I think the default is "http:" (& that won't work)  

Yes - thanks - that worked - need to enter it manually in the Search Bar. I had spoken to a Wyth rep and they said "just clear cache" and it will work - well I cleared cache and it did not work. So I will remember to manually input https etc. with Edge in future or even simpler use Chrome.

September 30, 2021
10:07 am
Norman1
Member
Members
Forum Posts: 6830
Member Since:
April 6, 2013
sp_UserOfflineSmall Offline

Wyth should forward http://online.wyth.ca to https://online.wyth.ca. That's what other sites do. sf-frown

They must have an inexperienced person doing their site!

October 15, 2021
1:46 pm
LK
British Columbia, Canada
Member
Members
Forum Posts: 195
Member Since:
July 9, 2020
sp_UserOfflineSmall Offline

"Wyth" is now listed as a trade name of Concentra Bank on the CDIC website. A search for "wyth" on the CDIC member page shows the following.

"Wyth Financial is a trade name used by Concentra Bank, a CDIC member. Eligible deposits under Wyth Financial are combined with deposits held at Concentra Bank for up to $100,000 of deposit protection, per category.

"A “trade name” is a separate business name that is used by a member institution to market eligible deposit products. A trade name does not represent a unique CDIC member. Therefore, eligible deposits made under a trade name are aggregately protected with deposits held at the member institution for up to $100,000, per category, per depositor. Deposits made under a trade name do not benefit from additional deposit insurance coverage."

October 16, 2021
12:15 pm
Doug
British Columbia, Canada
Member
Members
Forum Posts: 4251
Member Since:
December 12, 2009
sp_UserOfflineSmall Offline

Norman1 said
Wyth should forward http://online.wyth.ca to https://online.wyth.ca. That's what other sites do. sf-frown

They must have an inexperienced person doing their site!  

I noticed this as well. This was poorly implemented.

That said, on the whole, their new core banking system and online banking platform is, surprisingly, an improvement to MemberDirect used previously. I like the left/right, as opposed to top/bottom, navigational design and it's clean and user friendly. I can only hope transaction narratives are sufficiently detailed...

Cheers,
Doug

October 16, 2021
12:26 pm
hwyc
GTA
Member
Members
Forum Posts: 1174
Member Since:
September 30, 2017
sp_UserOfflineSmall Offline

It is not yet open to public. They should reward me as one of the beta testers, an extra 0.25% on any posted GIC rate would be nice gesture sf-wink

October 26, 2021
2:09 pm
Peter
Admin
Forum Posts: 1407
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline

Did anything noteworthy happen at Wyth Financial on October 25? That was billed as the date of the official brand reveal.

I don't visit https://concentrabank.ca/ or https://online.wyth.ca regularly, but nothing looks different to me.

October 26, 2021
2:21 pm
hwyc
GTA
Member
Members
Forum Posts: 1174
Member Since:
September 30, 2017
sp_UserOfflineSmall Offline

wyth.ca is up and the public can join a wait list.

This is better than spending the night lining up in the street for some product launch. Don't know if there will be any doorcrashers

October 26, 2021
2:32 pm
Dean
Valhalla Mountains, British Columbia
Member
Members
Forum Posts: 1935
Member Since:
January 12, 2019
sp_UserOfflineSmall Offline

hwyc said

It is not yet open to public. They should reward me as one of the beta testers, an extra 0.25% on any posted GIC rate would be nice gesture sf-wink  

I think I'll ask Oaken the same thing ... us Beta Testers deserve it ❗

    Dean sf-smile

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

November 4, 2021
12:18 pm
hwyc
GTA
Member
Members
Forum Posts: 1174
Member Since:
September 30, 2017
sp_UserOfflineSmall Offline

New rates on chart today … the opening should be soon. BTW are we adding wyth to the forum name when this happen?

November 4, 2021
2:44 pm
Nehpets
Ontario
Member
Members
Forum Posts: 983
Member Since:
December 20, 2016
sp_UserOfflineSmall Offline

hwyc said
New rates on chart today … the opening should be soon.

But the chart still does not show the rate for HISA, which is currently 1.35% for existing clients.

Stephen

November 5, 2021
11:01 am
hwyc
GTA
Member
Members
Forum Posts: 1174
Member Since:
September 30, 2017
sp_UserOfflineSmall Offline

HISA will be 1.4% next Tuesday

November 5, 2021
1:24 pm
Nehpets
Ontario
Member
Members
Forum Posts: 983
Member Since:
December 20, 2016
sp_UserOfflineSmall Offline

Wyth is currently the top HISA at 1.4%. Unless they change their procedures, all you need is to have a $1000 GIC and they give you a HISA.

Stephen

November 6, 2021
7:13 am
hwyc
GTA
Member
Members
Forum Posts: 1174
Member Since:
September 30, 2017
sp_UserOfflineSmall Offline

Don't get too excited though.

"No interest will be paid on amounts over the account limit of $150,000. "

Full Deposits Disclosure here

November 6, 2021
8:18 am
Nehpets
Ontario
Member
Members
Forum Posts: 983
Member Since:
December 20, 2016
sp_UserOfflineSmall Offline

hwyc said

"No interest will be paid on amounts over the account limit of $150,000. "

 

For those who restrict deposits to CDIC limit $100,000, it won't be a problem.

Stephen

No permission to create posts

Please write your comments in the forum.