Whatbank.ca | General financial discussion | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS sp_TopicIcon
October 21, 2023
2:34 am
smayer97
Member
Members
Forum Posts: 918
Member Since:
September 29, 2017
sp_UserOfflineSmall Offline

Anyone know what happened to the Whatbank.ca comparison site? Best I can tell, it disappeared shortly after May 2023. It was only around a few short years.
The last vestiges I can find are on X.com (Twitter; search for whatbank_ca), with the last post in May.

It had some useful features and presented the comparison data in graph form, allowing to select with FIs you are interested in.

Any good substitutes?

October 21, 2023
7:44 am
Peter
Admin
Forum Posts: 1449
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline
October 21, 2023
6:01 pm
althisa
Member
Members
Forum Posts: 107
Member Since:
September 5, 2023
sp_UserOfflineSmall Offline

smayer97 said
Anyone know what happened to the Whatbank.ca comparison site? Best I can tell, it disappeared shortly after May 2023. It was only around a few short years.
The last vestiges I can find are on X.com (Twitter; search for whatbank_ca), with the last post in May.

It had some useful features and presented the comparison data in graph form, allowing to select with FIs you are interested in.

Any good substitutes?  

Yes it was a useful feature to be able to chart GIC rate histories
As a mostly volunteer operation, sometimes projects run out of gas.
Thats why it is important to recognize Peters contributions here

October 21, 2023
11:02 pm
HermanH
Member
Members
Forum Posts: 1242
Member Since:
April 14, 2021
sp_UserOfflineSmall Offline

I miss that site, too. And am grateful for the effort put into this site.

October 22, 2023
2:06 am
smayer97
Member
Members
Forum Posts: 918
Member Since:
September 29, 2017
sp_UserOfflineSmall Offline

Peter said
I don't know what happened to that site, but we do have a graph comparison feature: https://www.highinterestsavings.ca/savings-account-interest-rate-graph/?institution_ids%5B%5D=motive-financial&institution_ids%5B%5D=hubert-financial  

Thanks Peter. The difference is this one is limited to only 2 banks. Whatbank allowed to select all the ones you wanted (there may have been a max, I do not recall).

October 23, 2023
8:07 am
smayer97
Member
Members
Forum Posts: 918
Member Since:
September 29, 2017
sp_UserOfflineSmall Offline

smayer97 said

Thanks Peter. The difference is this one is limited to only 2 banks. Whatbank allowed to select all the ones you wanted (there may have been a max, I do not recall).  

@Peter
Feature request to allow multiple user-selectable FIs?

October 23, 2023
4:00 pm
Peter
Admin
Forum Posts: 1449
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline

Is there a reasonable maximum number of financial institutions to compare? I originally intended to allow more than two, but decided to start small and expand the functionality as needed/requested over time.

October 23, 2023
9:21 pm
althisa
Member
Members
Forum Posts: 107
Member Since:
September 5, 2023
sp_UserOfflineSmall Offline

Peter said
Is there a reasonable maximum number of financial institutions to compare? I originally intended to allow more than two, but decided to start small and expand the functionality as needed/requested over time.  

5 for visual clarity

October 23, 2023
11:52 pm
Loonie
Member
Members
Forum Posts: 9399
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

I would say "no", there isn't a max.
A larger number may be more cumbersome but will be acceptable IF they are all worth noting. I think the latter is the more important question but perhaps more difficult to answer.

Different forum members will have different needs. If you live in QC, you may want to know of anything and everything that you could possibly qualify for but people living elsewhere may have better options. People who have more money to put into HISA/GICs and who insist on CDIC coverage may require a longer list.
There is also the question, with GICs especially, as to whether they are available at same rate for RIFs, RSPs etc. Often they are not (although rate may be very good), so there is a need for a longer list to compensate.

If forced to pick a number, I'd say 15, but there has to be a good reason why they are all there.

October 24, 2023
12:07 am
smayer97
Member
Members
Forum Posts: 918
Member Since:
September 29, 2017
sp_UserOfflineSmall Offline

I agree with Loonie.

December 27, 2023
3:14 pm
Peter
Admin
Forum Posts: 1449
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline

Small update: I've increased the number of savings account rates that can be graphed simultaneously from 2 to 5: https://www.highinterestsavings.ca/savings-account-interest-rate-graph/

December 27, 2023
4:27 pm
smayer97
Member
Members
Forum Posts: 918
Member Since:
September 29, 2017
sp_UserOfflineSmall Offline

Nice improvement.

December 27, 2023
7:04 pm
althisa
Member
Members
Forum Posts: 107
Member Since:
September 5, 2023
sp_UserOfflineSmall Offline

Peter said
Small update: I've increased the number of savings account rates that can be graphed simultaneously from 2 to 5: https://www.highinterestsavings.ca/savings-account-interest-rate-graph/  

Thank you it is great to be able to compare historical rates across multiple FIs
Particularly now since people are discussing retroactive rates by Oaken

Please write your comments in the forum.