What is your favorite Canadian bank?

Discuss Canadian banks, bank accounts, and anything related to banking.
FinancialAdmin
Site Admin
Posts: 9
Joined: Thu May 22, 2008 2:43 pm

What is your favorite Canadian bank?

Postby FinancialAdmin » Tue Jun 03, 2008 1:44 am

What is your favorite Canadian bank and why did you choose it?

spencer
Posts: 37
Joined: Thu May 29, 2008 8:46 pm

Re: What is your favorite Canadian bank?

Postby spencer » Tue Jun 03, 2008 6:14 pm

I have accounts with 2 of the big 5 Canadian banks, but I don't have a favorite one for sure. In reallity there is almost no competition between Canadian banks, and the big 5 get all the business. In my personal experince the customers service in both banks is terrible, and I've wasted countless hours trying to do simple banking transactions.

sunshine
Posts: 23
Joined: Tue Jun 03, 2008 5:55 pm

Re: What is your favorite Canadian bank?

Postby sunshine » Tue Jun 03, 2008 7:31 pm

spencer wrote: In my personal experince the customers service in both banks is terrible, and I've wasted countless hours trying to do simple banking transactions.


I totally agree with you! maybe the question should be which one of the 5 banks is the worst? I always get very frustrated when I have to call them to clarify something or to do some transactions over the phone. You can spend hours on the phone with them. It is like calling Rogers or Bell....

kristen
Posts: 8
Joined: Wed Jun 11, 2008 3:49 pm

Re: What is your favorite Canadian bank?

Postby kristen » Wed Jun 11, 2008 4:06 pm

Don't have a favourite one but I have least favourite - Scotia bank!

spencer
Posts: 37
Joined: Thu May 29, 2008 8:46 pm

Re: What is your favorite Canadian bank?

Postby spencer » Wed Jun 11, 2008 7:36 pm

Yeah, Scotiabank is really bad. I've never seen so rude and unprofessional customer service.

rock
Posts: 20
Joined: Tue Jun 10, 2008 3:06 pm

Re: What is your favorite Canadian bank?

Postby rock » Wed Jul 23, 2008 7:04 pm

I had chequing account with CIBC, which I wasn't using, and it was a real pain to close it. I wouldn't recommend CIBC to anybody, especially considering their dire financial situation.

1819
Posts: 8
Joined: Thu Jun 05, 2008 3:35 pm

Re: What is your favorite Canadian bank?

Postby 1819 » Wed Dec 03, 2008 3:29 pm

We don't have much choice, do we? We have only 5 major banks to chose from - TD Bank, Royal Bank, Bank of Montréal, Scotia Bank and CIBC... I would vote for Royal Bank. If I have to chose... :lol:


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