by coolz » Wed Mar 21, 2007 12:00:00 AM
I bank with Scotiabank and the customer service so much better then with TD or RBC
. Whenever I ask my home branch to release a hold on my account, they always do it for for me. But with other banks, like TD or RBC they wouldn't release any holds on my account unless I applied for a credit card with them.
2) Scotiabank offers a very competitive interest rate of 3% on a Money Master High Interest Savings account. Try negotiating that with TD. With TD you need to have a minimum of $5,000 to get that kind of a rate. With scotiabank, there are no minimums on the deposit.
3) I did some research and seems like CIBC has declared losses for their quarterly income in 2005 and previous years. I guess that's why there so desperate for rich customers. Now if you compare CIBC with Scotiabank, Scotiabank declared an increase ase of profit. Scotiabank is an extremely stable bank. My point is, these losses of revenue for CIBC lead to an increase of service fees, on the other hand the gains of profit for Scotiabank lead to lower interest rates on their loans/credit cards (2.5%+prime).
Bank with Scotiabank! (The smart bank who knows what they are doing) - findthemoney.scotiabank.com