5.55% for 4 months in a new savings account | Omnia Direct | Discussion forum

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5.55% for 4 months in a new savings account
July 24, 2024
1:29 pm
PMcNamara16
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WFCU has brought this promo back. 5.55% for 4 months.
Got a call from someone Monday afternoon letting me know.

This is also available via Omnia Direct, just have to call in.

https://mywfcu.ca/personal/personal-banking/savings-accounts/

July 24, 2024
8:58 pm
althisa
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September 5, 2023
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Fees highlights:
https://mywfcu.ca/service-fees/

RRSP/RRIF/TFSA Transfer Out fee (per plan)
$125.00

Transfer Account Balance to Another Financial Institution
$70.00

Wiring of Funds - Outgoing (Less than $10,000)
$30.00

Wiring of Funds - Outgoing (More than $10,000)
$50.00

Wiring of Funds - Incoming
$15.00

July 25, 2024
10:15 am
GR
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At Omnia, apparently this promo will apply to new savings accounts set up until Sept. 9, 2024.

July 25, 2024
10:41 am
JohnnyCash
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PMcNamara16 said
WFCU has brought this promo back. 5.55% for 4 months.
Got a call from someone Monday afternoon letting me know.

This is also available via Omnia Direct, just have to call in.

https://mywfcu.ca/personal/personal-banking/savings-accounts/  

Is the promo open to residents across Canada, or Ontario only?

July 25, 2024
10:54 am
PMcNamara16
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JohnnyCash said

Is the promo open to residents across Canada, or Ontario only?  

Looks like it is open to Ontario residents only.

August 12, 2024
11:28 am
victor6433
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This is ending on Aug 15th now.

August 14, 2024
4:54 am
anitavirginia
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How easy is it to get your money out of Omnia, if you open this new savings account.

Can you use the link established with them to obtain $ from your external account? Can you instruct them to transfer funds to external account, for no charge, by using this link, ( the bank acct info, you gave them the retrieve the funds in the first place.)

October 18, 2024
5:19 am
anitavirginia
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anitavirginia said
How easy is it to get your money out of Omnia, if you open this new savings account.

Can you use the link established with them to obtain $ from your external account? Can you instruct them to transfer funds to external account, for no charge, by using this link, ( the bank acct info, you gave them the retrieve the funds in the first place.)  

Any helpful comments regarding this would be appreciated. Thanks

October 18, 2024
7:54 am
Iminterested
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anitavirginia said
How easy is it to get your money out of Omnia, if you open this new savings account.

Can you use the link established with them to obtain $ from your external account? Can you instruct them to transfer funds to external account, for no charge, by using this link, ( the bank acct info, you gave them the retrieve the funds in the first place.)  

There are no self directed options to move your money at Omnia. You need to contact them. In the past I received an electronic PAD with directions. I then sign with an e-signature and the rep completes the transfer. It is always backdated to the date I signed the request.

October 18, 2024
4:36 pm
anitavirginia
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Iminterested said

There are no self directed options to move your money at Omnia. You need to contact them. In the past I received an electronic PAD with directions. I then sign with an e-signature and the rep completes the transfer. It is always backdated to the date I signed the request.  

Thanks, and how about when you want to remove monies from Omnia, what are your options.

October 19, 2024
7:16 am
GR
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To remove money from Omnia, phone them. They email you a form to verify and e-sign and you submit the form online. The transfer of funds, I believe, arrives by the next day at your linked bank account. Omnia needs to have your linked bank account on file.

October 19, 2024
8:46 am
anitavirginia
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Thanks, can you verify that there is no limit on this transfer out.

October 19, 2024
9:35 am
GR
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No limit, to the best of my knowledge. All your questions can be answered quickly and fully with one phone call to Omnia.

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