Comments on: President’s Choice Financial

By: experienced onliner

experienced onliner — Tue, 01 Dec 2009 02:57:00 +0000

I have dealt with several mainline Canadian banks, as well as several others in roughly the same category as PC financial. The latter include Canadian tire Bank, ICICI, Cirizen’s Bank, and a credit union in Manitoba, all quite good.
With the exception of one telephone lady who helped us finally set things up so as to extract our money and get as far away from these incompetents as possible, I have never seen such a bunch of incompetent employees, and ridiculous rigamaroles for trying to do the simplest things. Those one stars in the rating should be zero or negative.
The one earlier comment is also applicable, though I think most other institutions did drop those rates pretty quickly. But PC were about as blatant as any, worse than most. If you ended up with TFSA money that you wish to get back from them, don’t let them rip you off with a $50 charge—open a temporary checquing account with them, transfer to that, and then to another institution.

By: lovinit

lovinit — Mon, 23 Nov 2009 00:27:26 +0000

I think ALL the banks dropped their rates due to the recession. However, lending rates are very reasonable and competitive with the other banks. I was never pressured to leave my bank for PC, infact .. they even offered to attach my existing bank account from BMO to PC, and I can also transfer money back and forth~ free of charge! WHAT other bank gives you free cheque books, free service, AND FREE GROCERIES?! They’re good to me

By: Burned

Burned — Thu, 25 Jun 2009 02:46:06 +0000

PC Financial got me with the old bait and switch. They offered a juicy rate when everyone was signing up in January and then quickly dropped it to zero. What a bunch of scum bag marketing people they have.