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Email this2:08 pm
April 6, 2013
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Raising their HISA rate starting tomorrow.
2:16 pm
April 6, 2013
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JohnnyCash said
If you think the new EFT limit is a bit odd, how about today's email indicating they are increasing their HISA rate to 1.8% tomorrow.
They are likely seeing some money leaving their HISA for alternatives.
Hubert's HISA is at 2.05%. CIBC and TD are offering 2% one-year cashable GIC's that pay accrued interest if held at least 31 days.
7:24 pm
April 18, 2022
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I pulled couple days ago
2:50 pm
April 21, 2022
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HISA rate increase to 2.25% effective August 9. If the $100 EFT limit restriction is still in effect, I don't see how an increase in the interest rate will lure deposits.
8:10 pm
April 6, 2013
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Only their pull limit is $100.
One can still push up to $150,000 in from another financial institution. Their mobile cheque deposit limit is still $150,000.
8:57 am
April 21, 2022
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Norman1 said
Only their pull limit is $100.One can still push up to $150,000 in from another financial institution. Their mobile cheque deposit limit is still $150,000.
Does that mean there is no $100 limit on pushes from Wyth? If that's the case, then it's not too much of a restriction. I generally don't mind the idea of pushing large amounts into Wyth.
3:49 pm
April 6, 2013
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That's correct. The current limit on pushes at Wyth is $50,000, according to the HISA "Dollar limit maximums" in their Deposit Disclosure:
| Electronic funds transfer maximum per transaction(1)(2) |
$100 limit money-in $50,000 money-out |
| Electronic funds transfer daily maximum (2) |
$100 limit money-in $50,000 money-out |
| Mobile cheque deposit maximum per transaction(1) |
$150,000 limit money-in |
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