How can register for Interac autodeposit with Wyth? | Wyth Financial (formerly Concentra Bank) | Discussion forum

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How can register for Interac autodeposit with Wyth?
March 8, 2022
4:41 pm
piggybank
British Columbia
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I'm moving my cash (from Neo's 1.3%) to Wyth because it has the highest interest rate (1.55). Opening an account was a breeze.

How can register for Interac autodeposit with Wyth? I checked both on the app and the website, but can't seem to find it.

https://www.wyth.ca/personal/savings/using-hisa-account-faqs says it's available:

Yes, your Wyth HISA account offers the convenience of setting up Autodeposit for funds received via Interac e-Transfer®. There is no need to log into your account to receive the funds if you set this up. You can also choose to not Autodeposit funds received via Interac e-Transfer®.

March 8, 2022
5:23 pm
Norman1
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Select "Transfer money" in left sidebar.

"My account transfers" and "INTERAC e-Transfer" tabbed pages will be shown.

Select the latter and click the "Set up INTERAC Autodeposit" item.

I rather not do that and end up accepting e-transfers from anyone who sends me one. See discussion What to do if you are on a receiving end of Interac transfer sent to the wrong email address?.

March 8, 2022
5:47 pm
piggybank
British Columbia
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Ah thanks! I see it now

March 8, 2022
5:49 pm
piggybank
British Columbia
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I could not change the email address. It was using the email address that I registered with wyth.
So I just clicked the confirm button. Are we able to register additional interac email addresses?

March 9, 2022
6:21 pm
Norman1
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I didn't find a way to register a different e-mail address for Interac e-Transfer autodeposit at Wyth other than the e-mail address used to sign in.

Keep in mind that Wyth's days are numbered. Equitable Bank, who is behind EQ Bank, will be acquiring Concentra Bank, who is behind Wyth Financial. The transaction is expected to close sometime in the second half of this year.

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