Wednesday, August 24, 2011

I'm Thriving

While I was away for one year of travels I tried to still check up on my fav blogs when I could. When I found out ING was offering chequing accounts I was all like HOT DAMN. So excited. I felt reserved though about it. I know I L-O-V-E my savings with them but I wanted to hold back before switching completely over. Since then I've been laying back waiting to hear some positive feedback from other bloggers or have some extra incentive to switch.
Recently while reading Asian Pears blog I learned about the $100 payroll deposit bonus. I was on it like white on rice. It was super easy for me to set up the chequing account online. I was able to locate all the info I need for payroll without a problem. The tricky part was I learned about this on a Friday which was exactly one week before my next payday and it was the only one left before the cutoff of Aug 31st. Luckily my payroll lady is super efficient and it all worked out.
The only snag being that I didnt have a bank card for them yet so I had to wait for my payroll to be deposited and then set up a transfer to my regular bank CIBC aka Devil in Disguise. Luckily I had some cash on hand to get me through the weekend so it worked out. Monday the card arrived but without the pin so I'm still waiting for that piece of the puzzle. The card however is super funky and I love it.
I need to clarify that I am not a rate chaser. I have wanted to make the switch for awhile. I like that I will now be able to switch $ from chequing to savings instantly. I like that there are no fees and I make a teensy bit of interest. The only draw back is the ATMs. CIBC has really super convient spots as where the company ING is hooked up with for sharesies is a local credit union which I find are kind of out the way even though there are 11 of them. I can help avoid this by using mostly interac purchases and taking out extra cash when I do so.
So we'll see how it goes. I have yet to use the card as I'm still waiting on the pin. I will keep my CIBC account though and just switch it to a lower fees account. It has an awesome VISA option I want to keep and its a good place to cash a cheque in a hurry.
Who else is thinking of or has made the switch?


*special note* AP I owe a lunch out when you come this way in 2012. Thanks for the heads up lady :)

1 comment:

The Asian Pear said...

yay! *high fives*

I'm glad I'm not the only one who switched from the evil CIBC. :)

Don't forget to alert all other places of your new chequing account before you close off the CIBC though... so like insurance company, the government (for gst cheques etc).