Cash back offer | motusbank | Discussion forum

Where is that cashback link located and how does one get notified about the availability of this or other similar promos?

Stephen

Can you tell us who is the intermediary?
I like to know with whom I am sharing all my personal information and what they are doing with it.
Thx.

hotmony said
"Please note at the bottom of the add. This offer is not through motusbank.

This offer is not funded by motusbank. If you have any queries related to this offer, please contact High Interest Savings Cash Back.

Member Services
motusbank"  

Even more elaboration following the link outlining "Terms"

Saver-Mom said
Excuse me, but I find it odd that the owner of this site is paying us to open a motus account, or am I misunderstanding?  

It's not odd as Peter does find ways to derive a bit of revenue to fund the site's operating (i.e., hosting/bandwidth) costs, but I would be curious to know the affinity partner that Peter is using for this offer and the compensation structure between him and the third-party referral partner. I think that would be helpful as I definitely favour full disclosure of such relationships and I know Peter does as well as he values editorial independence for the site. So, it is a worthwhile question that you've asked, and I hope I've provided some clarification for you.

Cheers,
Doug

Peter said
I am considering writing a longer introduction article, but: yes, I am trying to make money, in ways that provide value to visitors, without compromising the integrity and independence of this site.  

I think that's completely fine, Peter, to do. I would just recommend maybe having a "Disclosures" page that shows any affinity relationships that you or highinterestsavings.ca has.

Cheers,
Doug

Briguy said

Peter's actually giving a good rebate- if you sign up through Great Canadian Rebate you only get 30.00 cash back, vs 35.00 through this site.
  

Yes, that's fine. Like I said, I have no issue with this, but he's not the one giving out the promotion. He's using a third-party partner, and that's what I'd like him to disclose on a "disclosures" page.

I have no issue with the site deriving revenue from referral relationships and affinity partnerships, but should be disclosed. I'm sure Peter agrees with that.

Cheers,
Doug

Bud said
cashback is considered t5 interest income right?  

I don't think so, it's not an interest payment from the bank. When you complete the offer, a few weeks later you'll receive an e-Transfer for the cash back. Unless you have autodeposit set up, it needs to be deposited manually.