loser40

So... whats a GIC ?

M.

bazzz

http://en.wikipedia.org/wiki/Glass_ionomer_cement

jamie677

thanks for the advice,its just hard to get to get use to the diffrent ways,we had good credit in the u.k paid everthing off before we came,i guess it just takes time.

loser40

bazzz - Im pretty sure that the cement GIC is the wrong kind of GIC...

So, whats a financial GIC ?

M.

bodgerx

http://www.investopedia.com/terms/g/gic.asp

iaink

Bazzz is just soooo clever and helpful isnt he. For an eight year old anyway.


Guaranteed Investment Certificate...sort of like a bank savings bond. You have to leave it in there so long to get the interest

http://en.wikipedia.org/wiki/Guarant...nt_Certificate

bazzz

I assumed he must have been talking about something more obscure than the number 1 hit on google.

iaink

"I feel lucky" for "GIC" throws up http://www.gic.com.sg/ as the #1 hit on google.

As I keep telling my 5 year old, lying about it when you are caught just makes the offence worse

bazzz

Nope, the number 1 hit is:

http://www.investored.ca/en/investor...ges/1_gic.aspx

Maybe your 5-year-old can explain how the internet works for you.

iaink

Let me explain how google works to you; http://www.google.co.uk/help/features.html

G77

How much were the deposits for each of the utilities?

I've already got my HSBC Mastercard with $5K limit - must be easier when you go from HSBC UK to Canada....

Ramsey

UK Credit Card is accepted for sales....

However I went to Rogers for a cell-phone account the first week I was here (I needed a contact number for work, etc ASAP).... I Had a British Passport (with PR papers), UK Credit Card, proof of address and SIN no. for ID.

I was looking for a 2-phone plan so me and the missus could call each other nothing.

Rogers Reply: I could have ONE line only with a $600 credit limit as I was a high risk.

When I said how about two lines, with a total credit limit of $200 and I put down a $200 deposit... They still said no as I was a high risk!!

$600???.... that's a lot of calls!!

Their reasoning was that because of the UK CC I was a risk.... If I had waited untill my Alberta Driving License and PR Card had arrived, then no problem! (But that would have taken weeks!!)

In the end, waited for the Canadian missus to arrive and do the credit check in her name (lost the suprise element, but hey!).... BUT still made sure I was named on the plan....

bazzz

I can see what you're doing wrong. You're using google.co.uk to look up Canadian things. A common mistake amongst the technically inept. In future, you might find it helpful to use google.ca

Hope that helps. You're welcome.

Ramsey

HSBC apparently offer the facility to use a UK credit check and previous UK banking histiory (with them) to determine your credit over here.

Worked for my Dad in the Calgary Downtown Branch.

Not so for me in the Kensington Branch... The newly-graduated 'Account Manager' wasn't aware of their 'passport' product, Was not even willing to consider me for a credit card for 6 months, etc, etc....

Now that a couple of paychecks have gone through i'm gonna head in and tell them what they're gonna give or I walk to Scotia/RBC/etc....

G77

Yea, I applied from here in the UK and paid £100 for the privilege, think it was worth it though, as I have a credit card now with no hassle and enough cheques to last me a lifetime (a whole box of them ).