New client deposit earn 5.35 (formerly 5.75%) for 120 days | Page 2 | Motive Financial | Discussion forum

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New client deposit earn 5.35 (formerly 5.75%) for 120 days
October 19, 2024
4:48 pm
BK
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Top Dogg said

Hi cchou,

Thanks for the heads up. I called them yesterday and got through immediately to a CSR. I also called in the afternoon. I'm most likely gonna sign up for a Savvy Savings Account next week. I'll keep you posted on the process.

Thanks,
TD  

Top Dogg. I am still waiting for your update on your sign up for the Savvy Savings Account.

October 20, 2024
8:57 am
annie
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Can this account be used to pay bills? 3.6% daily interest is better than Eq Bank's 2.25%...If so I will open it..Move from Eq Bank to Motive

October 21, 2024
6:50 am
JohnnyCash
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annie said
Can this account be used to pay bills? 3.6% daily interest is better than Eq Bank's 2.25%...If so I will open it..Move from Eq Bank to Motive  

Yes, it pretty much has the same basic banking features.

October 21, 2024
7:02 am
annie
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Until Oct 31st, refer a friend to Motive and you'll both receive a $100 e-gift card!
Is this true? If so, please give me a refer code! Thank you!

October 21, 2024
2:47 pm
dommm
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annie said
Until Oct 31st, refer a friend to Motive and you'll both receive a $100 e-gift card!
Is this true? If so, please give me a refer code! Thank you!  

Looks like the new owners have cancelled this offer.

October 21, 2024
2:48 pm
jorno319
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dommm said

Looks like the new owners have cancelled this offer.  

Where did you find that information?

October 21, 2024
9:05 pm
smayer97
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Annie just opened an account through the referral program. You have to use the Referral site to generate the referral to qualify.

October 22, 2024
5:00 am
Jimmy
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Could someone send a referral code please. I tried opening an account years ago, but they said my home address could not be verified. I checked both Equifax and Transunion and all information is correct so hopefully no issues this time.

October 22, 2024
6:20 am
Jimmy
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Jimmy said
Could someone send a referral code please. I tried opening an account years ago, but they said my home address could not be verified. I checked both Equifax and Transunion and all information is correct so hopefully no issues this time.  

Thanks, received a referral code.

October 22, 2024
7:48 am
frugaldave
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Hi! Can we deposit cheques directly into the this account or do we need to open another type account too, like chequing, and wait for the money to clear first?

Could anyone also send me a referral please?

October 22, 2024
10:35 am
savvystacker
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I am also looking for a referral if someone could send me one.

October 22, 2024
11:19 am
Jimmy
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Jimmy said
Thanks, received a referral code.  

Well, 0 for 2 in application process.
Just received email from them.
Screenshot_20241022_140929_Email.jpg

October 22, 2024
11:33 am
jorno319
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That's too bad, Jimmy. Maybe it's worth phoning them to see if they can provide more information for you so you can get your account opened.

October 22, 2024
11:47 am
savvystacker
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savvystacker said
I am also looking for a referral if someone could send me one.  

I received a referral, thanks.

October 22, 2024
4:09 pm
davidgeorge
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I opened a Savvy savings account, but it shows that the interest rate is 3.6%, not 5.75% for new clients.

October 22, 2024
4:25 pm
annie
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davidgeorge said
I opened a Savvy savings account, but it shows that the interest rate is 3.6%, not 5.75% for new clients.  

My interest rate is also 3.6%... I called today to complain... I hope your system can be updated...

October 22, 2024
4:34 pm
davidgeorge
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annie said

My interest rate is also 3.6%... I called today to complain... I hope your system can be updated...  

Thanks. So, after your complaint, was your interest rate updated to 5.75%?

October 22, 2024
7:43 pm
Peter
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It's normal for it to show only 3.60%. If you call in they will confirm that it's 5.75% but I do not believe that it ever shows 5.75% in the account.

October 23, 2024
5:01 am
Jimmy
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jorno319 said
That's too bad, Jimmy. Maybe it's worth phoning them to see if they can provide more information for you so you can get your account opened.  

I did call, just got the voice-mail, leave message scenario. I read through the other posts at Motive on people whose application was rejected. All the criteria listed are met- credit rating, Equifax, Transunion etc. I do get the Tangerine and Simplii promotions frequently so not really a loss, but wanted to keep within CDIC limits.

October 23, 2024
7:32 am
annie
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davidgeorge said

Thanks. So, after your complaint, was your interest rate updated to 5.75%?  

No improvement.. Just confirmed with me that my account currently enjoys 5.75% interest rate... I want proof.. He said no.. What computer system is this???

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