Canadian Tire Bank HISA, regular 1.25%, special 1.45% (ending Oct 31, 2021)

Jul 22nd, 2020 10:27 am

#1

lingecw [OP]: Sr. Member; Jan 21, 2012; 570 posts; 300 upvotes

Jul 22nd, 2020 10:27 am

Canadian Tire Bank HISA, regular 1.25%, special 1.45% (ending Oct 31, 2021)

The regular HISA rate is 1.8% without expiry, but to qualify for the bonus 0.2%, you need:

1. Have a valid Canadian Tire Bank Credit Card in good standing
2. Be opted in to receive Canadian Tire Bank Emails
3. Make a deposit into your HISA by July 31, 2020

Edit 1: The special 2% rate promo has been extended until Sept 30, 2020

Edit 2 on Sept 15, 2020: The qualification for the offer change to:
1. Have a valid Canadian Tire Bank Credit Card in good standing
2. Have a HISA with an account balance over $0.00 by September 30, 2020

https://www.ctfs.com/content/ctfs/en/re ... omers.html

Edit 3 on Apr 7, 2021: Rate change to 1.55% and those who qualified for the additional 0.2% bonus rate will get 1.75% now

Edit 4 on July 19, 2021: 1.25% or 1.45%

Edit 5 on Sept 30, 2021: bonus 0.2% will be available only until Oct 31, 2021

Last edited by lingecw on Sep 30th, 2021 12:13 pm, edited 10 times in total.

Jul 22nd, 2020 1:40 pm

#2

profile: Deal Addict; Jul 29, 2013; 1735 posts; 1460 upvotes; Ontario

Jul 22nd, 2020 1:40 pm

lingecw wrote: ↑ The regular HISA rate is 1.8% without expiry, but to qualify for the bonus 0.2%, you need:

1. Have a valid Canadian Tire Bank Credit Card in good standing
2. Be opted in to receive Canadian Tire Bank Emails
3. Make a deposit into your HISA by July 31, 2020

https://www.ctfs.com/content/ctfs/en/re ... omers.html

Standard rate to change any time without notice.
Not worth the gamble I think but thanks for posting.

+1

Jul 22nd, 2020 1:56 pm

#3

WinterSleep: Deal Addict; Jan 26, 2016; 2227 posts; 2251 upvotes; Toronto, ON

Jul 22nd, 2020 1:56 pm

EQ Bank is 2% already.

Jul 22nd, 2020 9:27 pm

#4

mouseswimming: Sr. Member; Mar 7, 2008; 782 posts; 235 upvotes

Jul 22nd, 2020 9:27 pm

2% is NOT high enough.

signature removed - advertising is not permitted in signatures

Aug 6th, 2020 11:59 am

#5

spy cl: Deal Addict; Sep 3, 2005; 2290 posts; 675 upvotes; Toronto

Aug 6th, 2020 11:59 am

WinterSleep wrote: ↑ EQ Bank is 2% already.

Not anymore, EQ is 1.70% effectively today! so if Canadian tire can hold the rate, I might transfer my balance to them soon

+1

Aug 6th, 2020 12:03 pm

#6

WinterSleep: Deal Addict; Jan 26, 2016; 2227 posts; 2251 upvotes; Toronto, ON

Aug 6th, 2020 12:03 pm

spy cl wrote: ↑ Not anymore, EQ is 1.70% effectively today! so if Canadian tire can hold the rate, I might transfer my balance to them soon

It seems to be a whack-a-mole kind of problem

+1

Aug 6th, 2020 1:00 pm

#7

mkl38s: Deal Fanatic; Jan 21, 2014; 6915 posts; 4318 upvotes

Aug 6th, 2020 1:00 pm

I am contemplating open another account. What if CTFS reduces to 1.7% next week

Aug 6th, 2020 1:12 pm

#8

smartie: Deal Guru; Dec 5, 2006; 13060 posts; 8305 upvotes; Markham

Aug 6th, 2020 1:12 pm

mkl38s wrote: ↑ I am contemplating open another account. What if CTFS reduces to 1.7% next week

Or might be tomorrow;)

+1

Aug 28th, 2020 11:01 am

#9

justanotherstranger: Newbie; Jan 9, 2020; 94 posts; 32 upvotes

Aug 28th, 2020 11:01 am

My guess is they will keep the offer open for a couple months at least.

Aug 30th, 2020 8:42 am

#10

justanotherstranger: Newbie; Jan 9, 2020; 94 posts; 32 upvotes

Aug 30th, 2020 8:42 am

Does anyone know if there is a way to fund this account other than by sending them a check?

Aug 30th, 2020 10:40 am

#11

lingecw [OP]: Sr. Member; Jan 21, 2012; 570 posts; 300 upvotes

Aug 30th, 2020 10:40 am

justanotherstranger wrote: ↑ Does anyone know if there is a way to fund this account other than by sending them a check?

You can set up the external link by sending in the form & void cheque.

+2

Aug 30th, 2020 10:49 am

#12

justanotherstranger: Newbie; Jan 9, 2020; 94 posts; 32 upvotes

Aug 30th, 2020 10:49 am

lingecw wrote: ↑ You can set up the external link by sending in the form & void cheque.

So its says on their website, that to initially setup the account, you need to send them a check that needs to get cleared, which means that I would have to physically mail it in. I assume you are referring to setting up external accounts subsequently after that first check is cashed in?

Aug 30th, 2020 12:09 pm

#13

lingecw [OP]: Sr. Member; Jan 21, 2012; 570 posts; 300 upvotes

Aug 30th, 2020 12:09 pm

justanotherstranger wrote: ↑ So its says on their website, that to initially setup the account, you need to send them a check that needs to get cleared, which means that I would have to physically mail it in. I assume you are referring to setting up external accounts subsequently after that first check is cashed in?

Yes.

Aug 30th, 2020 12:34 pm

#14

aweawea: Deal Addict; Sep 6, 2018; 1876 posts; 2279 upvotes; Halifax, Nova Scotia

Aug 30th, 2020 12:34 pm

For an RFD DP I decided to write my initial cheque for just 1 dollar. Will let you know if CTFS takes any issue with it.

+1

Sep 2nd, 2020 6:55 pm

#15

liambll: Newbie; Aug 28, 2020; 98 posts; 46 upvotes

Sep 2nd, 2020 6:55 pm

I applied for this account online, and they sent me a form that needs attestation of a guarantor who must be a lawyer, docter, notary public, ...
What a waste of time.

Sep 11th, 2020 2:07 am

#16

SoundlessWalker: Sr. Member; Jun 21, 2016; 514 posts; 948 upvotes; Toronto/Barcelona

Sep 11th, 2020 2:07 am

aweawea wrote: ↑ For an RFD DP I decided to write my initial cheque for just 1 dollar. Will let you know if CTFS takes any issue with it.

Any update on this? Lulz

Sep 11th, 2020 7:43 am

#17

aweawea: Deal Addict; Sep 6, 2018; 1876 posts; 2279 upvotes; Halifax, Nova Scotia

Sep 11th, 2020 7:43 am

aweawea wrote: ↑For an RFD DP I decided to write my initial cheque for just 1 dollar. Will let you know if CTFS takes any issue with it.

SoundlessWalker wrote: ↑ Any update on this? Lulz

The $1 cheque has been deposited, but I haven't received anything in the mail yet hehe... Seems like it's okay, will let you know when I get online access!

+3

Sep 11th, 2020 5:06 pm

#18

winjones: Member; Sep 12, 2013; 259 posts; 155 upvotes; Mississauga

Sep 11th, 2020 5:06 pm

I did the same. Received nothing in the mail.
They gave me the account # over the phone and was able to setup my online account. You can send Cheques from multiple banks to have them all linked.

+2

Sep 11th, 2020 5:21 pm

#19

aweawea: Deal Addict; Sep 6, 2018; 1876 posts; 2279 upvotes; Halifax, Nova Scotia

Sep 11th, 2020 5:21 pm

Has anyone tried to link via EQ Bank's "void cheque" ?

Sep 11th, 2020 5:27 pm

#20

someweirdo: Deal Addict; Jul 16, 2019; 1568 posts; 1956 upvotes

Sep 11th, 2020 5:27 pm

aweawea wrote: ↑ Has anyone tried to link via EQ Bank's "void cheque" ?

Better to make the link from EQ's end. They make it much easier.

+1

Canadian Tire Bank HISA, regular 1.25%, special 1.45% (ending Oct 31, 2021)

Canadian Tire Bank HISA, regular 1.25%, special 1.45% (ending Oct 31, 2021)

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