Earn More Savings Promotional Account max now $100,000.00 | DUCA Credit Union | Discussion forum

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Earn More Savings Promotional Account max now $100,000.00
April 25, 2019
5:22 pm
amidat
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As of April 25th, 2019 new deposits to the Earn More Savings Promotional Account are limited to a total balance of $100,000 per Member not including interest paid by DUCA. Additional funds may be invested in DUCA’s regular Earn More Savings Account at a current rate of 1.60%.

Not sure if u have more than 100k before April 25th u still get 3% above 100k.

April 25, 2019
6:40 pm
Doug
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amidat said
As of April 25th, 2019 new deposits to the Earn More Savings Promotional Account are limited to a total balance of $100,000 per Member not including interest paid by DUCA. Additional funds may be invested in DUCA’s regular Earn More Savings Account at a current rate of 1.60%.

Not sure if u have more than 100k before April 25th u still get 3% above 100k.  

Well, at least it's a tiered interest rate (Motive does this), not like Alterna's and EQ's "maximum balance per customer" limit.

Cheers,
Doug

April 26, 2019
5:20 am
Joebart
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amidat said
As of April 25th, 2019 new deposits to the Earn More Savings Promotional Account are limited to a total balance of $100,000 per Member not including interest paid by DUCA. Additional funds may be invested in DUCA’s regular Earn More Savings Account at a current rate of 1.60%.

Not sure if u have more than 100k before April 25th u still get 3% above 100k.  

I have managed to open the account before the deadline and it is still showing 3% on entire deposit. I guess the limit is for new deposit only...

April 27, 2019
12:51 pm
amidat
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Called Duca and they confirmed that if u had more than 100k before April 25, u will get 3% on entire balance (and on the interest)sf-smile

April 27, 2019
1:38 pm
semi-retired
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Opened up an account here a while back.After a 3.15% promo at Meridian ends it was all coming here.Called Duca last night.Am opening up a joint account with the wife.Each of us will be covered for 100,000 for the 3%.

April 27, 2019
5:04 pm
harbottle
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semi-retired said
Opened up an account here a while back.After a 3.15% promo at Meridian ends it was all coming here.Called Duca last night.Am opening up a joint account with the wife.Each of us will be covered for 100,000 for the 3%.  

Check the new Meridian HISA rate. It went down to 2.95% a couple of days ago. I moved almost everything out yesterday before my promo ends next month. Left $.01 in the account.

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