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Email this4:58 pm
September 29, 2020
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I checked the HISA chart on this site half an hour ago and see that Achieva is on top with 2.2%.
So I tried opening an account online. When I got to the end, I got an email with this paragraph:
In order to process your account opening, we now require your signed application and initial deposit in the form of a personalized cheque made payable to yourself, mailed to Achieva Financial, PO Box 2729, Stn Main, Winnipeg, MB R3C 4B3.
I'd rather not waste money for a stamp and envelope and printing cost. Is there no way to open an account electronically (i.e. not snail mail)?
7:08 pm
December 18, 2008
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No there is not, they like the paper.
8:22 am
September 29, 2020
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Shawguy said
No there is not, they like the paper.
I called their phone number and spoke to a nice gentleman who said that it is indeed possible to avoid wasting money on postage and an envelope by using their mobile app.
But I won't continue with my account opening. Why? Because I see that accelerate financial has just become the hisa leader. And I have an account with them already
8:33 am
April 6, 2013
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Could still be worthwhile depositing up to $6,000 with Achieva.
Achieva pays $1/month when you choose to receive your documents electronically. $1/month or $12/year on $6,000 is an extra 0.2% per annum.
Their 2.4% plus 0.2% is the 2.6% that AcceleRate is paying.
8:42 am
February 7, 2019
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Norman1 said
Could still be worthwhile depositing up to $6,000 with Achieva.Achieva pays $1/month when you choose to receive your documents electronically. $1/month or $12/year on $6,000 is an extra 0.2% per annum.
Their 2.4% plus 0.2% is the 2.6% that AcceleRate is paying.
piggybank said
I called their phone number and spoke to a nice gentleman who said that it is indeed possible to avoid wasting money on postage and an envelope by using their mobile app.
But I won't continue with my account opening process. Why? Because I see that accelerate financial has just become the hisa leader. And I have an account with them already
Perhaps not no 1 today but maybe perhaps who knows when they might be No 1 again and you will have wished you had done the paperwork. If you like generally like what you see and hear about Achieva, go through the process, set-up transfer links and deposit $1. When you like the rates, move $2 or more ...
| CGO |
9:10 am
September 29, 2020
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Norman1 said
Could still be worthwhile depositing up to $6,000 with Achieva.Achieva pays $1/month when you choose to receive your documents electronically. $1/month or $12/year on $6,000 is an extra 0.2% per annum.
Their 2.4% plus 0.2% is the 2.6% that AcceleRate is paying.
Achieva gives the same rate (2.6%) as Accelerate ... with the catch you write about.
I'd be willing to do all that if Achieva beats Accelerate, not just matches it.
9:12 am
September 29, 2020
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cgouimet said
Perhaps not no 1 today but maybe perhaps who knows when they might be No 1 again and you will have wished you had done the paperwork. If you like generally like what you see and hear about Achieva, go through the process, set-up transfer links and deposit $1. When you like the rates, move $2 or more ...
Why "$2 or more"? Why did you not say "1 cent or more"? Is the minimum transfer amount a toonie?
9:29 am
February 7, 2019
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piggybank said
Why "$2 or more"? Why did you not say "1 cent or more"? Is the minimum transfer amount a toonie?
Nothing like that ... When you like the rates (vs elsewhere) move as much as you want ...
| CGO |
9:32 am
September 29, 2020
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cguoimet,
What's the significance of the "$2" in your comment? Was it just an arbitrary number?
9:51 am
February 7, 2019
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piggybank said
cguoimet,
What's the significance of the "$2" in your comment? Was it just an arbitrary number?
cgouimet apparently "unsuccessfully jokingly" suggesting that once your account is open and idling with $1, whenever the Achieva rates look good to you, move as much as you want ...
| CGO |
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