PC Financial changing to CIBC’s Simplii No Fee Banking

[Cake]

I think the free e transfer is part of the promo until February. We have made several so far with no charge. It would be nice it they are always free though.

I don't see anywhere that this ends in February??

[Silk]

Thanks for the info!

[endi2000]

Oh sorry, I forgot to check the FAQ's thank you November-March holy moly that's a long time. I guess after we receive our new debit cards the old ones will be deactivated/not work anymore.

Is anything going to happen to the PC Mastercard? Haven't seen anything from them


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[candogrl]

http://business.financialpost.com/ne...a-ad37128ed5b4
Yup, CIBC & Loblaws part ways.
Lets see how Simplii competes with Tangerine, now that each is wholly owned by CIBC & Scotia respectively, 2 of the Big 5.
Maybe TD, BMO, RBC will now be forced to come with an exclusive Online bank of their own . Maybe they will take out EQ bank which is pretty good itself.
https://www.eqbank.ca/

I am afraid, Simplii maybe facing a hard time competing with Tangerine - their Orange Key Strategy is quite effective and now, with their no-fee cash-back MC and some well performing investment options, CIBC would have to come up with even better product offers and promo strategies than the ScotiaBank!

@tjthemanto - would you like to add a few words about EQ Bank, what you like about them, etc. I never even heard about them before ...

[sweetmomma]

Do we need new cheques? Can't find any info and still waiting for my new debit card.

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[candogrl]

Do we need new cheques? Can't find any info and still waiting for my new debit card.
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@sweetmomma

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You can avoid using cheques all together - especially when you have to pay for them!

A debit card will not give you much in savings. I would suggest you get a good cash-back card for yourself instead.

[Grey]

Do we need new cheques? Can't find any info and still waiting for my new debit card.
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From Simplii website FAQ:

Can I still use my existing cheques?

Yes, you can continue to use your existing cheques. Any cheques you have written will be honoured.

[sweetmomma]

From Simplii website FAQ:

Can I still use my existing cheques?

Yes, you can continue to use your existing cheques. Any cheques you have written will be honoured.

Ty

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