My experience:

Pros:
-no monthly fees
-high interest
-free cheques
-CIBC ATMs
-online banking
-PC points are easy to redeem (if you like groceries)

Cons:
-huge NSF charge (not your fault if someone double charges you, but still, maybe I should set up an overdraft)
-new fees coming ($7.5 to deposit/write USD cheques makes it not worthwhile)
-slow service (longer hold times than before, cheques take awhile to clear, bank drafts cost a bit and take too long)
-PC points are not as good as cashback

This ClashBang.com article was written by Chris Chu. Tired of privately venting his frustration in vain, Chris decided to share his discontent with the rest of the world.

This entry was posted on Thursday, July 17th, 2008 at 7:34 pm and is filed under . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.