PC Financial Banking (Chequings & Savings) Pros & Cons - feedback wanted

[Shwa Girl]

The largest of the CIBC banks in our city has one of the ATMs set up so that you can withdraw US$ - this is perfect as it saves having to line up!!

You can use your PC card to withdraw US cash at Pearson Airport, at CIBC ATMs. No fees, just the cost of the exchange rate

[shellylynn39]

I have used PC since 1999 .................... I have only paid two interact fees in all of those years. No bank fees for over 15 years. I love them.

[Insane]

@Insane what do you mean hold on cheques (ones you write or ones you deposit) how long is the hold and what do you mean you have to call to get it increased, thanks

When you deposit a cheque. For me, at first any cheque I deposited, they held the money (as in I couldn't deposit a cheque then turn around and use it right away) for 5 business days. Every 6mths I'd call and they'd raise the hold amount. Now I can deposit a cheque that's something like $2000 and have access right away. Anything over $2000 is held (so if I deposit a $3000 cheque, I could use the $2000 right away and wait 5 business days for the $1000).

The fact that I started at a $0 limit probably has a lot to do with my crappy credit when I applied.