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NEW! MCAN Financial Digital GICs - no more need for a broker
June 19, 2024
2:15 pm
canadian.100
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Nehpets said

canadian.100 said ...- it would not link my external account. ... 

Their system uses Flinks, is that correct? I don't recall that has been confirmed in this thread. If not, how is linking and funding done?

Stephen  

Yes - it was Flinks (or a similar technology) which gets you to sign into to your external account to complete the linking after which one should be able to do the funding - but it did not work for me - just timed out without completion.

June 19, 2024
2:29 pm
Nehpets
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canadian.100 said Yes - it was Flinks (or a similar technology) which gets you to sign into to your external account ......

That being said, am convinced that when I buy any more MCAN GIC's it would be through Scrivens, my broker, that pays the same rate as the MCAN direct portal, especially after reading the disclaimers and waivers of responsibility contained in the terms of service of Flinks et al.

Stephen

June 20, 2024
8:57 am
sk
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This bank or whatever is a joke. They have had this FLINKS issue for more than a year.

June 26, 2024
4:23 pm
kesa
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customer service at MCAN is terribly weak, no responses to emails.

what gives?

June 29, 2024
12:03 pm
hwyc
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June 26
1-yr 5.20%
2-yr 5.10%

August 4, 2024
8:25 am
hwyc
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Effective July 11 since
1-yr 5.10%
2-yr 5.10%

August 4, 2024
10:25 am
canadian.100
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hwyc said
Effective July 11 since
1-yr 5.10%
2-yr 5.10%  

Yes - but Client Contact said they expect a drop in rates on Tuesday Aug 6.
I think most GIC rates will be under 5% by mid August.

August 6, 2024
2:06 pm
hwyc
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Effective August 7th
1-yr 4.85%
2-yr 4.55% << sf-frown

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