Nov 182013

Ingdirect has now become Tangerine! Same bank, different name, STILL GREAT SAVINGS! See below!

 Tangerine, the former has been bought by the Bank of Nova Scotia. I can only hope that it does not go the way of In other words, lower interest rates and

 Make Some Juicy Loot
with Tangerine!

more fees or simply closing it down altogether.

I am with Meridian Credit Union and have been since before it changed from Niagara Credit Union. I became a member in 1962 when I was a baby :) I like credit unions because each member owns at least one share of the credit union. They also have fewer fees and often more benefits.

However Meridian has an online savings account which will give you 1.35% just like Ingdirect. However it is NOT like Ingdirect in that there are several restrictions which Ingdirect does not have.

  1. You can schedule money transfers to your other Ingdirect accounts.
  2. You can open up a chequing account and schedule money to go from your savings into your Thrive chequing account a few days before your bills are due. That way you do not lose interest by transferring it sooner.

I love my credit union and cannot understand why anyone would want to pay the excessive fees which I feel banks charge. However I do not like the fact that I cannot schedule money to be moved to another account.

I have to do it when I am thinking about it so my bills are paid, NOT schedule it a few days before the bill is to be paid. I wrote an email telling Meridian that was the reason I was moving my business money to Ingdirect because of that little convenience Ingdirect provides which Meridian Online Advantage Savings does not. I hope they re-evaluate the scheduling bit and change to match Ingdirect.

But then we will see, because we do not know in the new year if the BNS in its wisdom or lack thereof will change things at “Tangerine”.

Feb 202013


l had been using for high interest savings accounts, GIC’s and the like. They have just been taken over as of February, 2013 by the Royal Bank of Canada. All operations will be finalized by some time in April and they will be converting you over to RBC accounts. I phoned today to see what the RBC Hi-Interest rate savings was …. 1.2% Wow! Say it backwards .. !woW

The two other virtual or online banks in Canada with the highest rates are both in Winnipeg. They are Accelerate and Achieva both owned by credit unions. Both Achieva and Accelerate will give you 1.8% in a Hi Interest Daily Savings Account, much like Ally when it started out. Unlike save imageOntario banks and credit unions in Manitoba EVERY BIT OF YOUR MONEY is insured! That’s a plus especially if you wish to keep over $100,000 in a savings account. I think they know that it would be extremely unlikely for any bank to go belly-up in Canada due to the regulations on them holding a certain per cent of the savings of their account-holders in case there was a run on the funds.

I looked at and phoned both. Achieva I believe appears to be bigger as it is owned by Cambrian Credit Union, some 54,000 members strong, established in 1959. They also offer more services than Accelerate such as the same MasterCards offered by Meridian and other credit unions. They also offer Credential Direct brokerage and Life Events Planner which is basically a bunch of calculators to plan various life events. I do not believe you get anything extra by paying higher fees to brokerages. There are cheaper ones in Canada. Think Questrade and Virtual Brokers. [more later about  them]

Think about it! These two online banks offer 1.8% and RBC offers 1.2%. That is 67% more if you bank with either of the “A” banks above! Wouldn’t you like to get 67% more on your savings? Well, join one of  these banks and you will! :-) It’s a no-brainer.

k0118359I signed up online for a Hi Interest savings account and a TFSA savings account which gets the same rate.

I’ll be moving them from Ally as soon as possible as when RBC owns it there will probably be some large fee attached to closing your account! Banks do have a reputation for fee-ing you to death, which by the way is why they make good investments in their stocks but NOT in using them for daily savings.


Dec 042012

My title is Joyful Mourning…. A True Love Story

Sounds like nonsense, doesn’t it? How can you be mourning the loss of a loved one and still be joyful??? Do you know someone who is still going through mourning a loss? Then please for their sake, send this book to them. Rebecca’s story is one of hope from sadness when within two years of her loss, a wonderful thing happens….

My daughter Rebecca, experiences a loss in her marriage to Tedd Woodworth, the man she loved and expected to spend the rest of her life with. Instead she spent the rest of his life with him.

Through crisis and joy, happiness and sadness, the true story of Rebecca and Tedd is told. The story is very interesting filled with what I call ‘God-incidences’ since the possibility of them happening by chance is about equal to you winning the lottery with your one ticket.

What is equally interesting is all of the helps to find peace when all you feel like doing is crying, all day, every day, over and over again. There is teaching about how to grieve, how to overcome absolute depression and ‘heart-sickness’ and assurances that, yes, you are mourning, but the time is coming when you can be renewed to feel like living again! I use scripture references sparingly since this is not a Bible study, but they are present where needed to point to truth.

Dr. Bill Gaultiere, associated with Crystal Cathedral New Hope ministries allowed me to use all of his tests to help you find out what you are really going through. Dr. Tim Lowenstein also gave me permission to use his very useful test on Life Stress!


  • Do You Have Anxiety?
  • Are You Depressed?
  • Life Stress Test
  • What is Your Image of God?
  • Do You Esteem Yourself?
  • Do You Over-react Emotionally?
  • What is Your Emotional IQ?

There are MANY links to sites that may help you in the Appendix at the back of the book.

There are more current ones on the website Joyful Mourning

If you know someone who needs some inspiration to hope again, you must have them read Joyful Mourning. Yes I know I wrote it but the reason I wrote it is because it is such a story of amazing events occurring which shaped both Tedd and Rebecca’s destinies.
Charles Pedley  Joyful Mourning – A True Love Story (Kindle Locations 124-131). Available for sale in almost every format at Smashwords and on Amazon!