[-] deltatux@mstdn.ca 2 points 1 year ago

@avidamoeba not sure if that's DUCA but definitely that was PACE. Severe mismanagement & potential fraud from leadership caused many years of issues at the CU. FSRAO ended up ordering its closure and sold it to Alterna Savings.

[-] deltatux@mstdn.ca 3 points 1 year ago

@avidamoeba @totallynotarobot

I second Meridian, really like their customer service. However, I'm really not a fan of their updated account fee structure (as of Sept 1), they're not that competitive with the new fee structure as it kinda copies the Big Banks but w/ less features incl.

Depending on what your needs are, Alterna Savings & DUCA may offer you a better deal. Though I can't vouch of their customer service as I haven't used Alterna much & haven't used DUCA before.

[-] deltatux@mstdn.ca 2 points 1 year ago

@MacroCyclo @NENathaniel

If you're the type that wants to withdraw cash, EQ Bank would be better option than WealthSimple Cash.

EQ Bank offers to rebate all domestic ATM withdrawals, no matter the ATM. They don't rebate International ATM withdrawals though if those machines charge a fee...

[-] deltatux@mstdn.ca 4 points 1 year ago

@jimmyjamxoxo

Still remember in my teens playing #Starcraft when the power suddenly cut as I was about to save my game lol.

Still had fun doing other things, including a night walk in the neighbourhood without power & seeing the stars so clearly because there's no light pollution.

[-] deltatux@mstdn.ca 2 points 1 year ago

@mxwarp This is just a promo rate, all the Big Banks & their subsidiaries do this. They boost the rate for 3-4 months and then you earn their base crappy rate thereafter.

Scotiabank, Tangerine, Simplii & etc. have been doing this for years.

The options in the link I provided previously are non-promo rates.

Other options incl. fintechs like WealthSimple offer 4.5% if you have $100k deposited or invested with them, or via money market funds or investment savings account which all pay >4%.

[-] deltatux@mstdn.ca 1 points 1 year ago

@mxwarp I mean, what incentives do these banks have to pay higher interest? They own like >80% of the market and their name recognition alone draws deposits.

Keep in mind that paying higher interest rates is a way to attract deposits, when your name recognition & size can already do that for you, why pay more?

As a consumer, people need to consider shopping around. Far too many Canadians believe there's no choice when in fact there is.

For higher paying options, see: https://highinterestsavings.ca/chart

[-] deltatux@mstdn.ca 4 points 1 year ago

@Knightfall @grte

On a cost level, yes it would make sense to leverage mstdn.ca but issue is that CBC wouldn't have the complete control & the instant brand recognition via hosting their own instance on their domain name.

It's also much better for the brand to have an account on social.cbc.ca. Something like cbcnews@social.cbc.ca looks better on a branding perspective than cbcnews@mstdn.ca. It's no different than how organizations use their own domain for emails.

[-] deltatux@mstdn.ca 10 points 1 year ago

@Hazzard @grte

Yes, this can actually be done. There's a tool called #MastoFeed that allows you to post RSS content to the fediverse. Some publications like #DarkReading are exploring using MastoFeed to publish their articles.

Their account can be found here: https://infosec.town/@darkreading

That being said, not sure if a bot account is what people are hoping for if #CBC decides to join the fediverse...

[-] deltatux@mstdn.ca 4 points 1 year ago

@SlikPikker Would using an RSS reader help with navigation? Allows you to follow CBC News without having to dig through their website.

You can find the RSS list here: https://www.cbc.ca/rss/

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deltatux

joined 2 years ago