Agreed.xblackrainbow wrote: ↑ oh man I remember the birthday bonus. Wasn't that a treat.
Those were the days
They also decreased the rate by 0.75% 3 months in. Pure bait and switch.
May 6th, 2020 8:12 am
Agreed.xblackrainbow wrote: ↑ oh man I remember the birthday bonus. Wasn't that a treat.
Those were the days
May 6th, 2020 8:14 am
If you want cheque photo deposit - Alterna Bank. It's a smidge (.1%) lower interest rate but works. I don't really have any others that would fit that criteria with a reasonable interest rate. Potentially Motus, but they've dropped a ton on interest rate and have their own quirks. Actually Motus doesn't fit that critieria - forgot, their savings doesn't let you do bill pay from it for example. Alterna does.
May 6th, 2020 8:16 am
Dont think there is anything that is exactly like that too, but I would go with LBC. Yes they are a shitshow too, but at least they have a higher rate.
May 6th, 2020 8:21 am
May 6th, 2020 8:27 am
May 6th, 2020 8:36 am
EFT is not really an issue for me...i dont even recall using it once EMT became common. Guess i just dont transfer huge amounts to warrant using it.
May 6th, 2020 8:38 am
May 6th, 2020 8:51 am
May 6th, 2020 8:59 am
May 6th, 2020 9:00 am
also to be fair, it's still good to get rent payments through cheque.
May 6th, 2020 9:23 am
May 6th, 2020 9:27 am
May 6th, 2020 11:32 am
May 8th, 2020 11:07 am
May 8th, 2020 11:09 am
Did you check the start date of this new 2.5% offer?wilhelmthe1st wrote: ↑ After the simplii 2.8% promo ended, I've transferred my emergency fund and other savings to my EQ account.
In the past week, almost every time I try to log in, or do anything, the website has gone down. Either for scheduled, or unscheduled maintenance. Seems pretty unreliable, especially if I ever immediately needed the money.
Luckily I just got a 2.5% interest promo from Tangerine, so might be moving it all back over to them now.
May 8th, 2020 11:10 am
May 8th, 2020 11:19 am
May 8th, 2020 12:55 pm
If you just want to transfer your money held in your rbc chqing account to EQ bank, and you have already established an EFT link between the 2 accounts, then you can just initiate a "pull" transfer by logging into your EQ bank account.perfectos wrote: ↑ Hi everyone. Please help me.
I just signed for a savings account at EQ Bank and I have a difficulty to transfer money into it.
One of the ways to deposit funds into EQ Bank account is via Electronic Funds Transfer (EFT) through linked accounts. So I linked my RBC checking account, but before transferring money I called RBC customer service to find out is there any fees and /or daily limits on EFT. The RBS's CS representative told me that EFT and Interac e-Transfer are the same therefore there is a limit 2K/day.
From what I'm reading on EQ website - you can deposit up to $100,000 per transaction from your linked account to your EQ Bank account. You can make multiple transactions per day.
Did RBS's CS representative misinform me?
Does anyone transfer money via EFT from RBC? Does RBC charge fees for that? Any problems with a limit?
Sorry for the long story. Appreciate all answers
May 8th, 2020 1:10 pm
That's why I called RBC bank first, to find out about fees for EFT transactions. And rep just told me that EFT and e-Interac are the same things. From what Im reading - its totally different types of transactions. I will probably email RBC again to double-check.
May 8th, 2020 3:19 pm
The fee for an EFT at RBC will be the same as any other debit transaction on your account. So as long as it’s within your limit, it’ll be free, otherwise it’s $1.25 fee on chequing accounts.
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