Lolz using Simplii. Because...
- not the best for bill pay but that's offset by PayTM
- Unlimited no-fee e-transfers and chequebooks
- Backed by CIBC (whelp) so not a fly-by
- Truly a daily banking machine with as many single and/or joint chequeing, savings accounts, plus I have uLOC there with a nice CL
- Customer service is 24/7 and very solid
- External account linking is annoying but they accept my hand-made void cheques with Crayola crayons - successfully linked exotic accounts such as CTFS HISA (now closed) and B2B HISA
- They'll never troll me into a branch
- Deposit limits at max $5k/deposits instantly available, $1k ATM withdrawal and whatever debit spend per day
I have EQ for some additional banking habits, but the Laurentian subbies have made savings accounts musical chairs irrelevant. Achieva Financial for the free $1/month that I throw into TFSA there as well.
+1fitzy7 wrote: ↑I spoke with Access CU about their variable TFSA account and want to post the details below for the benefit of others. Generally reconfirms the details provided already but I also got transfer in / out fee information.
TFSA Withdrawals: 1 free withdrawal per month, any additional withdrawals are $5.00 each
Transfer in from registered account: they cover up to $120 of transfer in fees charged by another institution
Transfer out to a registered account elsewhere: $50 flat fee per transfer
Interest rate calculation: interest is calculated on the daily closing balance and it’s paid out semi-annually at end of June and end of December
Their customer service is very responsive! I think for me personally Access CU is an excellent option as a long term place for savings within a TFSA account and I plan to sign up with them.
I've liked Access so far and no complaints. If I had to pick one to start with now, I'd probably be Access...but I won't throw away my relationship with SCU now