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Email this11:30 am
December 26, 2018
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Does anyone here has any experience dealing with these guys? How was your experience? what is the process to open a new account? is it online or via e-mail by filling out their application? Please shed some light.
11:44 am
November 3, 2022
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It's been a several years since I opened a HISA at CTB, and I never purchased a GIC from them. As I recall it took a couple of weeks to set up the account. Only part of the application was online, and we had to send in paper copies of voided cheques.
There were no particular problems in dealing with CTB, except that their phone lines close early (out in BC), as they are set up for Ontario business hours.
I closed our accounts at the end of last year, and I will note that if you ever close accounts, make sure to download all your statements beforehand. They lock your electronic access afterwards, and charge $5 per statement to provide them going forward.
11:47 am
December 20, 2016
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Were there not reports that CDN Tire Bank modified their policy on withdrawals severely limiting how much could be moved out?
That combined with non competitive interest rates and clumsy customer service might make them a less attractive prospect.
What is attracting you to CDN Tire at this time?
Stephen
12:03 pm
March 30, 2017
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Nehpets said
Were there not reports that CDN Tire Bank modified their policy on withdrawals severely limiting how much could be moved out?That combined with non competitive interest rates and clumsy customer service might make them a less attractive prospect.
What is attracting you to CDN Tire at this time?
Stephen
+1. The CT rates are mediocre at best and no reason to bank with them in my opinion.
Last time I asked them and confirmed, I cant even use my CT account balance to pay the balance of my CT credit card easily. I am like WTF
4:08 pm
October 7, 2018
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I’ve had an account for several years and also have their Mastercard. Occasionally their rates are decent. I also had a couple of GIC’s when they have had competitive rates. I auto pay the credit card from my CT savings account and I use the Mastercard to pay my property tax, Income tax, Hydro, Gas bill, and anything else that can’t be paid by any other credit card that I know of to receive 1% CT money on those bills. Never had a problem. This is not my main cc or savings account. I keep a minimum amount to cover my CT Mastercard in my CT savings.
5:31 pm
December 26, 2018
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I received an scam email....I just want to warn people about it.
Firstly we thank you for allowing us to open the lines of communication. You need an asset manager who won't be swayed by the short-term fluctuations of a volatile market place. At Canadian Tire Bank our deep investment knowledge means we can provide you with the understanding and flexibility you need to meet your investment goals.
Our thinking is solutions-based. Not only can we offer extensive insight and expertise across the traditional asset classes and investment styles, we are also a world leader in passive strategies and alternative investments, which encompass single and multi-manager hedge funds, real estate, infrastructure and GICs.
Canadian Tire Bank was Established in 2003, Oakville, Ontario, and is today owned mainly by Scotia Bank and Canadian Tire . We have become a market leader in private banking and finance across the world. It is always our goal with each client to build a strong relationship that allows us to feel the compelling need driving your investment objectives; therefore you can get on with your life peacefully, knowing that your capital is working for you
Please find attached to this e-mail our Fixed Rate GICs prospectus and CIDC information guide. The GICs in this prospectus guarantee a fixed rate of return over each term and are CDIC covered for $100,000 per investor.
They offered me 7% for 5 years. They want to fill out the application over the phone so I can give them my personal information.
11:28 pm
April 6, 2013
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Canadianbull said
I received an scam email....I just want to warn people about it.…
Please find attached to this e-mail our Fixed Rate GICs prospectus and CIDC information guide. The GICs in this prospectus guarantee a fixed rate of return over each term and are CDIC covered for $100,000 per investor.
They offered me 7% for 5 years. They want to fill out the application over the phone so I can give them my personal information.
Sounds like another incarnation of that phony GIC scam earlier that was impersonating UBS Bank.
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