Free E-transfer to any banks? I get $1.50 charge at my local Coast Capital Union Bank.
Coast Capital Union offers $200 credits if you signed up with them.
Aug 7th, 2017 4:07 pm
Aug 7th, 2017 4:59 pm
They do it for getting a new phone because they're effectively offering you a loan (for the phone) which you pay back through using their service.Thatdealguy wrote: ↑Aug 7th, 2017 4:06 pmhow can you deny a check? I thought they have to do it no matter what. Like getting a new phone from Rogers or Telus.
FYI: If you signed up with this, you will not be eligible to get their "Annual Free Items" Promotion.
This year was the Iphone Se and the old apple watch. Last year was a mini Ipad tablet.
Aug 7th, 2017 5:05 pm
Thanks for your detailed information! I never knew about that. The overdraft seems like a good product. They always said it is free and I always add it because I got charged several times for withdrawing more than what I have.Dave510 wrote: ↑Aug 7th, 2017 4:59 pmThey do it for getting a new phone because they're effectively offering you a loan (for the phone) which you pay back through using their service.
Banks do it because they want to upsell you credit products (like overdraft protection, credit cards, mortgages and etc.), but there's no obligation for you to take their hard credit check (unless you apply to open an account online, in which case a hard check is done automatically). Banks are required, by law, to let you open bank accounts as long as you don't fit a very narrow list of valid refusal reasons (which have absolutely nothing to do with your credit).
If you're going to apply for credit cards or any type of loan, always open the account in branch and ask them explicitly to not run a hard inquiry on you.
Aug 7th, 2017 8:03 pm
*while account rep is inputting your personal information into their system* "... and I don't want any credit check when you open this account"
Aug 8th, 2017 4:12 pm
Aug 8th, 2017 5:22 pm
Better to start young!!!!
Aug 8th, 2017 5:39 pm
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Aug 8th, 2017 11:20 pm
Yup! Free interac e-transfers (not like the bank to bank transfers like tangerine).
Aug 9th, 2017 12:07 am
Aug 9th, 2017 5:24 am
Then if you're college or university student,
Aug 9th, 2017 7:51 am
Aug 9th, 2017 8:28 am
Aug 9th, 2017 11:11 am