James Just James

Fuckery by TD bank.

If they send you paper statements, they refuse to also show you the online copies.

Also things past 18 months (or six months) aren't shown.

The law should be simple: If they have data on you, they should be required to give it to you-- in a machine readable format.

#TDbank

Jan 3 at 10:39pmWeb
Show threadFelicitas Pojtinger 🌅Jan 3
@purpleidea Yeah, it's so annoying. I'm with WS now and will be trying out Vancity soon smh (WS at least has a really good client and lets you use TOTP for authentication)
Show threadJames Just JamesJan 3
@pojntfx WealthSimple is not AIUI a real bank, and isn't CDIC insured. :/
Show threadFelicitas Pojtinger 🌅Jan 3
@purpleidea Yeah, but apparently like with most fintechs it stores your deposits in CIDC-insured banks (see Wealthsimple chequing accounts): https://help.wealthsimple.com/hc/en-ca/articles/360056590614-How-we-keep-your-money-safe
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In this article: Overview Wealthsimple managed and self-directed investing accounts Wealthsimple Crypto accounts Wealthsimple chequing accounts Wealthsimple Corporate Save Account Wealthsimple Reg...

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Show threadFelicitas Pojtinger 🌅Jan 3
@purpleidea I do wish they just got a banking license though ... part of why I'd like to use Vancity is just to keep my cash in a safer place
Show threadJames Just JamesJan 3

@pojntfx I am not the expert here, but I believe part of why this is is so that they don't have to follow the already weak consumer banking regulations. (Which are actually occasionally helpful, but which need to be stronger and actually enforced.)

So by using them they're doing data fuckery and so on...

Show threadFelicitas Pojtinger 🌅Jan 3
@purpleidea Great 🙃 I wish Vancity had better UX and cards and RRSPs so that it would actually be competitive ...
Show threadhadesJan 4
@purpleidea that would be such a good law, i’m not even kidding
Show threadhadesJan 4
@purpleidea not just the banks, anyone that collects any information on you has to provide it to you free of charge
Show threadhadesJan 4
@purpleidea if only we didn’t let a handful of billionaires control what is possible