Personal Finance

Desjardins Interac EMT is now FREE (within plan)

  • Last Updated:
  • Aug 15th, 2017 10:40 am
[OP]
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Apr 7, 2013
245 posts
91 upvotes
Deux-Montagnes, QC

Desjardins Interac EMT is now FREE (within plan)

"Good news! The additional $1 fee for Interac e-Transfers® is no longer applicable.[ 3 ]
3. Transaction fees apply if you don’t have a monthly plan or if you exceed the number of transactions included in your plan."

https://www.desjardins.com/ca/personal/ ... ref-note-3

That was the one thing anoying me with Desjardins, nice move.
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Deal Fanatic
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Jul 22, 2015
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Saint-Hubert, QC
About time, too bad I switch to Alterna :)
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Feb 25, 2014
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Mississauga
Their products are somewhst better than banks. For example the economy plan with 1000 min balance incl 7 transactions but they don't have many branches in ontario.
Oh sada kehra bapu karda black nee, Jehra tere shahir (Toronto), Le lawan flat nee
[OP]
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Apr 7, 2013
245 posts
91 upvotes
Deux-Montagnes, QC
If you can manage to get a professional account you got the 12 transaction plan free.

And if you are an engineer the line of credit is exactly a their prime rate.

and I like that they got ATM all over the place in QC
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Jan 31, 2006
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Toronto
MehtabS wrote: Their products are somewhst better than banks. For example the economy plan with 1000 min balance incl 7 transactions but they don't have many branches in ontario.
This is what pissed me off, the promotion require payroll deposited to the account, then I have to pull the $ out to my Tangerine account to avoid paying fee over 7 transaction, coz I lived in Markham and can not find any branch or ATM, and are not a member of the exchange network either.
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Nov 26, 2015
373 posts
202 upvotes
darthcloud wrote: If you can manage to get a professional account you got the 12 transaction plan free.

And if you are an engineer the line of credit is exactly a their prime rate.

and I like that they got ATM all over the place in QC
I'm from rural Quebec (Bas Saint-Laurent) and it's pretty much the only institution that you can find in almost every towns.

I am software developer and I was unable to get their professional account :/
[OP]
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Apr 7, 2013
245 posts
91 upvotes
Deux-Montagnes, QC
ryan10075 wrote: I'm from rural Quebec (Bas Saint-Laurent) and it's pretty much the only institution that you can find in almost every towns.

I am software developer and I was unable to get their professional account :/
Checkout https://www.genium360.ca/ (previously RIQ) you dont have to be an engineer by law to be a member (unlike OIQ) just to have studies in the field. Software shall qualify I think.

Once you are a genium member you will be able to get the professional account easily and also be able to get insurance from la personnelle.
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Jul 22, 2015
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Saint-Hubert, QC
Poutinesauce wrote: Why pay ANY fees when Alterna offers them for free? I'm not giving a single cent to ANY bank or financial institution, no matter what gimmick they try to throw my way.
I agree, unless you need more than 4 per month and/or physical bank location in QC. Tangerine EMT is also a good alternative, although I wouldn't mind them doing Interect eTransfer for free!

I have a professional account (it was my main bank during my mechanical engineering degree due to low line of credit interest) but switched to Tangerine and now Alterna.
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