Personal Finance

The EQ Bank Savings Account thread

  • Last Updated:
  • Oct 13th, 2019 3:57 pm
[OP]
Moderator
User avatar
Mar 23, 2004
38212 posts
4344 upvotes
Markham
PressureBoom wrote:
Nov 5th, 2018 11:50 pm
No luck with the Simplii app either for fingerprint login on a Samsung A5, but this new EQ app is slick and fingerprint works perfectly with no hassle. Kudos to EQ for the update!
Hmmm, Simplii and cibc android app do support the fingerprint login. Which year of the A5 are you using?

Agreed, the interface looks much better now, at least nothing like the webpage interface.
"Between a high, solid wall and an egg that breaks against it, I will always stand on the side of the egg.

Yes, no matter how right the wall may be and how wrong the egg is, I will stand with the egg."
Deal Addict
User avatar
Aug 9, 2010
1032 posts
384 upvotes
Waterloo
angel_wing0 wrote:
Nov 6th, 2018 12:06 am
Hmmm, Simplii and cibc android app do support the fingerprint login. Which year of the A5 are you using?

Agreed, the interface looks much better now, at least nothing like the webpage interface.
2017. Just for fun I tried again to turn on fingerprint ID in the Simplii app settings and I get an unhelpful prompt that my device/software aren't supported and I should go check my manufacturers support page for more information (yeah right LOL).
Deal Fanatic
Jan 30, 2012
6131 posts
999 upvotes
multi city dweller
headleygrange wrote:
Nov 6th, 2018 6:50 am
Eq has a new promo. 3.33% 3 month gic.
how do i get this rate? if i already have eq bank account, do i just login and "buy" this 3 month gic? can i buy more than 1 time? tia
Deal Addict
Aug 5, 2006
4094 posts
1493 upvotes
Global Village
VH99 wrote:
Nov 6th, 2018 2:24 pm
how do i get this rate? if i already have eq bank account, do i just login and "buy" this 3 month gic? can i buy more than 1 time? tia
Yup, you can get the GIC's by logging into EQ or by calling them, they have to be over $100 for each but you could get multiple GIC's as well.
All day I dream about sports
Member
User avatar
Sep 3, 2012
277 posts
47 upvotes
Toronto
Sorry I never got gics before.

Is there any advantage to buy several gics rather than 1 if it's for the same term (3 months)?
Deal Expert
Jan 7, 2002
16406 posts
8735 upvotes
Waterloo, ON
ofertasgo wrote:
Nov 6th, 2018 3:25 pm
Sorry I never got gics before.

Is there any advantage to buy several gics rather than 1 if it's for the same term (3 months)?
Not really. That's useful if you want to stagger maturities. Note however that there's a maximum of $100,000 per GIC. If you're a high roller(*) you'll need to buy more than one GIC.

(*) Someone who has more than $100k and likes to gamble on deposit insurance ;)
veni, vidi, Visa
Deal Fanatic
Jan 30, 2012
6131 posts
999 upvotes
multi city dweller
bylo wrote:
Nov 6th, 2018 3:37 pm
Not really. That's useful if you want to stagger maturities. Note however that there's a maximum of $100,000 per GIC. If you're a high roller(*) you'll need to buy more than one GIC.

(*) Someone who has more than $100k and likes to gamble on deposit insurance ;)
if i have $100k ... i most likely have better things to do than posting on rfd ... Face With Stuck-out Tongue And Tightly-closed Eyes
Newbie
Aug 2, 2018
94 posts
71 upvotes
headleygrange wrote:
Nov 6th, 2018 6:50 am
Eq has a new promo. 3.33% 3 month gic.
Thanks! Good spotting. Wonder how come they didn't email out this special
Deal Expert
Jan 7, 2002
16406 posts
8735 upvotes
Waterloo, ON
VH99 wrote:
Nov 6th, 2018 3:53 pm
if i have $100k ... i most likely have better things to do than posting on rfd ... Face With Stuck-out Tongue And Tightly-closed Eyes
I do have $100k+. That allows me devote all the time I want on RFD helping others--instead of wasting time jealously criticizing those who do have $100k (or working at some menial, minimum-wage job like some of those who don't) ;)
veni, vidi, Visa
Deal Fanatic
Oct 1, 2004
5844 posts
508 upvotes
Toronto
so its 100K CDIC coverage per GIC not per account holder? 3.33% is the highest rate for GICs other than Meridan's 3.25 1 year correct?
Deal Expert
Jan 7, 2002
16406 posts
8735 upvotes
Waterloo, ON
greg123 wrote:
Nov 6th, 2018 11:00 pm
so its 100K CDIC coverage per GIC not per account holder?
No, it's $100k per account holder, as always for CDIC. No idea why EQB has a $100k limit per GIC, but it's not because of CDIC.
veni, vidi, Visa
Deal Addict
User avatar
Jan 4, 2009
3733 posts
1492 upvotes
on the links
greg123 wrote:
Nov 6th, 2018 11:00 pm
3.33% is the highest rate for GICs other than Meridan's 3.25 1 year correct?
WFCU has a 1yr GIC @ 3.4%, also eligible for TFSA
Member
Feb 28, 2011
400 posts
233 upvotes
YYZ/YOW/SFO
Anyone able to set up Simplii push to EQ? My transaction was reversed - EQ told me sender name didn't match, Simplii said the correct legal name was on file. Investigation pending and they told me to call back Friday.
✈️AMEX Business Platinum|Cobalt|Blue Business Plus|US Bank Altitude Reserve|Citi Premier🌍
💳Uber Visa|TD NA Cash|TD Cashback Infinite|Rogers WE|CTFS WE+Cash Advantage💰
🏦Charles Schwab|Fidelity|Alliant|Ally💸
📱Zoomer $36 4GB|Carrytel $35 75/10🌐

Top

Thread Information

There are currently 2 users viewing this thread. (0 members and 2 guests)