2018 12 03 Post Promo GIC Rates | Page 2 | DUCA Credit Union | Discussion forum

Loonie said

NOTE: Withdrawal limits at DUCA are 50K per day, 250K per week, 500K per month. I should have started last week!  

Unless something has changed recently that I'm unaware of, those limitations only apply to outgoing pushes initiated within DUCA. You should be able to access your entire DUCA balance by pulling it into another FI in one shot (if you already have the link set up in that other FI). I have done this before using Tang and so has tcharger67

GR said
For balances in the Earn More Park Account, it seems that many or all clients were paid only 2 days interest instead of 3 days interest (Dec 1 to 3 inclusive) due to a "technical glitch". They are investigating and clients who were underpaid interest will have another posting to adjust for 1 day.  

Thanks for that tidbit -- mine was short but I didn't know what had happened

They start calling around to offer new promotion to keep the money with them.
Offer seems to depend on the amount in question, good luck everyone.

I don't think they have anything up their sleeves. I phoned on Monday with a different question. CSR realizes I was planning on withdrawing. He asked about other available rates and said someone from "financial" would call or email me the next morning to make an offer if they can make one. It's now Wed afternoon and I've heard nothing from anyone and have checked my spam folder.

savemoresaveoften said
There is also a 3.35% 3 years redeemable every 3 months out there. Unadvertised special. You have to ask them when they call.  

I called and I was told that DUCA does not have any "unadvertised special" like this for anyone.

Perhaps the rep I spoke to was just not aware of it ? Anyone else had this offered to them ?

They did send an email saying someone would contact me with an offer...but that never happened....so my money is on the move.
Not really in the market for a GIC at this point anyways.
Hoping they have another promo on their savings acct. in the spring...but we shall see if that happens.

completed transaction for 3 yr 3.25 % cashable GIC on 3 month anniversary dates during term, confirmed with letter.

So, we have reports of a 3 year term , cashable at 1 year, 6 months or 3 month intervals. If these are all valid, it sounds like they are becoming progressively more desperate to keep the money for however long they can get it.
Still no phone call here. nor have I called them again since last Monday, it now being Sunday.
I would take the one that is cashable every 3 months if it were offered and if no penalty for cashing. Still, I don't think any of us would sign up for a GIC that had no clear documentation when there is an early exit clause.

I've left the amount that I would consider for the GIC in the account, for now, but will probably move it out later this week if no contact. I would actually put some more back in if they made this offer. But why has nobody received anything in writing which clarifies the conditions for withdrawal? It's unprofessional to make an offer you can't support in writing, and it's equally unprofessional to be disorganized and spotty about follow-up contact.

Yes, Stephen, EQ is unpleasant, but I can hold my nose for 3 months if need be. I had taken out almost all my money from there over the last while. I would not consider a long term GIC with them under any circumstances.

"Customizing" the rate , if that's what it is, sounds an awful lot like the roulette rate wheel at Tangerine.