Banking Issues
Nov 25th 2010, 3:42 pm
#31
Forum Regular
Joined: May 2009
Location: BC Canada
Posts: 166
Re: Banking Issues
I have no complaints haven't paid any bank fees for the past 20 years. This is my account details with the TD, but is available with all banks if you are over 60. http://www.tdcanadatrust.com/accounts/plan60.jsp
Nov 25th 2010, 4:30 pm
#32
BE Enthusiast
Joined: Oct 2002
Location: Ottawa, Canada
Posts: 556
Re: Banking Issues
I have the TD 60+ for my checking but ING direct for savings. http://www.ingdirect.ca/en/
Nov 25th 2010, 6:54 pm
#33
Just Joined
Joined: Nov 2010
Location: On my way to Vancouver from Essex
Posts: 21
Re: Banking Issues
However, many, if not all, Canadian debit cards also support international bank networks like Visa, and you can use those debit cards anywhere that the network is supported. Next time you are outside Canada, take a look at the logos on cashpoints which tell people which cards are accepted.
Oh, and one last wrinkle. You can set a PIN greater than 4 digits on the Interac system, but if you do that, the debit card will not work on any other network. 4 digit PIN is required internationally.
And don't use a foreign debit card to get money in Canada unless you are a tourist. If you are a resident, then set up an account with something like xe.com so that you can buy/sell foreign exchange at market rates.
Nov 25th 2010, 9:43 pm
#34
Yorkshire meets Vegas
Joined: Jul 2004
Location: T. ON (so there!)
Posts: 1,354
Re: Banking Issues
I've bought stuff in the US before now just using my debit card. Usually not a result of intent, more by accident.
