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New April Promos from Cibc and ScotiaBank
April 5, 2018
1:34 am
miro
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There is Cibc 1.75 targeted promo as an extension to 2.3% that expired on Mar 31.
It's available till Oct 31 2018 on existing or new funds.
As of Apr 2 2018 Scotiabank is running promo on Momentum Savings Account - new or existing, for new funds only. You need to enroll to get additional 0.85 % until June 29 2018.
0.9 + 0.85 + 0.75 (if you keep it for 90 days). All together you can get 2.5%

April 5, 2018
6:19 am
3oakwest
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Just for clarification, that is the Momentum Plus account.

April 5, 2018
2:36 pm
tcharger67
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How did you find this rate? Does it apply to rrsps

April 5, 2018
4:02 pm
miro
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April 5, 2018
6:47 pm
tcharger67
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Sorry clarification.... CIBC promo. I don't use CC

April 5, 2018
6:53 pm
grandoug
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My local CIBC branch was not aware of a new 1.75% 'promotion' and our savings accounts were going to go back to 0.9%. So moved it all to Tangerine today for 2.0% which was the best I could get from them.

April 7, 2018
1:37 pm
miro
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Hi,
I got this email at the end of March:

Get a 1.75%* rate
with your CIBC
eAdvantage®
Savings Account.
You already know the
value of earning bonus
interest on deposits you've
made into your CIBC
eAdvantage
Savings Account. And
now, you will
continue to earn a great
rate of 1.75% on new and
existing deposits
until October 31, 2018
when your account
balance is $5,000 or more.

April 10, 2018
3:02 pm
dentgal
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I was told that I'm getting 2.3% at CIBC till end of May, 2018. I guess I better double check.

April 10, 2018
5:23 pm
tcharger67
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I contacted cibc customer service, with a straight out no, you must buy gics to get any better rate.
So i decided to write CIBC obudsman, today I recieved an call from customer service here at my local branch, apparently his manager while on holidays called him to contact me immediately. He called to confirm exactly what it was that I was looking for. 1.75% on my rrsps as similar clients were receiving until oct 2018
Manager is on holidays but he will get back to me by the end of the week with an answer. Looks like legal gets the ball rolling a little better than customer service.

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