Nailed With Fraud By TD Bank Yet Again!
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Am I understanding this correctly? Wizz kid gets caught committing fraud again and it is the bank's fault?
I dealt with them for two years and never had a problem until C.I.B.C. was willing to take on the mortgage for 0.59% lower interest. T.D. will bend over backwards to get your business and after that it's "screw you". :smile:
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"doesn't regulate the financial services industry in any way" With that kind of wisdom, you could commit fraud and not know it. Canada's bank regs are very very tight. Witness the no bail out required during the melt down.
When the cops come for you just plead ignorance; it's true.
Most of the big banks are laser focused on attracting customers but few of them do well with retaining customers. I've always believed the best route to go for a mortgage is through a broker anyway, they'll get you the best deals.
And how would you rate this little experience? lol.
Don't be letting facts and logic get in the way now.
Most of the big banks are laser focused on attracting customers but few of them do well with retaining customers. I've always believed the best route to go for a mortgage is through a broker anyway, they'll get you the best deals.
Brokers are good or if your credit is good you can play hardball yourself, I gave T.D. four chances to secure my mortgage for a second term to no avail (until after I secured a better rate at my own bank) but it was too late by then..............I don't f**k around! :smile:
You can, it's certainly not impossible, but I've known at least three or four people in recent memory who've played hardball with their bank and still gotten a better offer through a broker. And often that 'better deal' was with the same bank! I even convinced my boss to check a broker in relation to a secondary property she owns, she came away with a better deal than her own bank was offering her. Seriously, the way the banks are structured and conduct themselves, I am thoroughly convinced that customer retention is just not a priority with them.
There are a lot of head games played. Most people are not too money savvy and they know that, they also know a lot of people are lazy and won't do the leg work. Last fall I haggled with this woman at T.D. she started out with 3.09 I think on a one year mortgage, anyway after four encounters both on the phone and in her office she settled at 2.90%. Scotiabank was giving one year at 2.49%, I went to the woman at my bank, C.I.B.C. and laid all this out to her and more or less told her I'm not loyal to anyone, just a mercenary. She says 2.5%, I said good. T.D. woman phones me a day or two later, I gave her the sad news and she says she could do the same thing, I said too late. Five minutes later she phones back (her boss didn't like it) I told her "I gave you four chances, good bye". :smile:
I really fail to see why you feel they are in trouble. I've had my card compromised through TD before as well. They're quick to call, let you know what's happened, and fire a new card off to you. And judging by how often the same happens to friends who use other banks, TD is not unique in having to deal with credit card fraud. Other banks have it happen just as often. You just don't happen to have the same special interest in those banks.
I have had the issue with 2 other banks (I don't personally bank with TD) and in each case they reversed the charges, sent me a new card (occassionally by courier if I needed it quick) and were very good about it. But it does happen and there are some shady merchants out there and some shady employees working for reputable merchants. This is the source of the fraud in most cases.
Why not? It seems to be working for him.
Stay with us in reality okay? Don't go into the light, just follow the sound of my voice.
I've been with TD for years and that's always been my experience as well. I had my debit card cloned, they shut it down before anyone could take money out of my account, called me immediately and I still had online access to my accounts so I could transfer money, and all I had to do was go into the branch the next business day and they replaced my card on the spot. My sister in law is with Manulife (she has that One Number deal they have all the commercials about), her debit card was compromised on a Thursday before a long weekend, they wouldn't allow any access to her funds "for security reasons", sent a replacement by courier which took 4 days and then they just left it at the door, no signature required (security wasn't an issue then I guess). Give me TD any day of the week.
Damn! All those posts about the Usual Suspects were just a really clever diversionary tactic! It's kind of brilliant when you think about it!
One little piece of advice from my wife's trip to Britain last year. Jan gave the bank a complete
rundown of the planned trip, where she was going and when. It was a two week trip and the day
she got back the TD Bank called about a few charges from Iceland. She still has yet to visited Iceland.
Somewhere in Scotland, in a restaurant, it took a long time to get her card back after paying for breakfast.
She thinks that is where the card was cloned.
rundown of the planned trip, where she was going and when. It was a two week trip and the day
she got back the TD Bank called about a few charges from Iceland. She still has yet to visited Iceland.
Somewhere in Scotland, in a restaurant, it took a long time to get her card back after paying for breakfast.
She thinks that is where the card was cloned.
This kind of situation often not what it seems (another encumbrance of credit cards). I've had charges show up for company xyz in "Timbucktoo", which I refused to honour only to have it disclosed later that it was actually "Bill's Diner" downthe street, where I charged a headcheese sandwich. :smile: