Easy Equities good or bad?

3WA said:
Are you on Thrive level 3 yet? I'm still on 0. Was hoping the update would fix that.
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Yes I am because of a few referrals in Oct. the EE guys confirmed Thrive is updated once a month. I assume (a wild guess) it will be month end
 
zerocool2009 said:
Yes I am because of a few referrals in Oct. the EE guys confirmed Thrive is updated once a month. I assume (a wild guess) it will be month end
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Right. What I'm wondering is if they just introduced the “net positive deposit to get to level 3” rule in November, so even if you have net positive deposits in October, you aren't getting to level 3 for one month. This would mean a lot of people end up paying one month of the Thrive fee before their level 3 status kicks in. That would be irritating, especially since they only told us about the importance of gaining Thrive levels after it was too late to do anything about November status.
 
SauRoNZA said:
You own all whole shares.

It’s only fractional shares they are custodians of and this will be the case anywhere that offers fractional shares.

Read properly. He literally says exactly that.
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I was wondering about this.

In the twitter post the guy urges everyone to ask for share certificates from EE, but on the following web page they mention that shares are registered in the name of FWT Nominees with you noted as the beneficial owner.

Link: How your cash and investments are protected

Would you still be able to request a share certificate from EE?
 
Razzle1 said:
I was wondering about this.

In the twitter post the guy urges everyone to ask for share certificates from EE, but on the following web page they mention that shares are registered in the name of FWT Nominees with you noted as the beneficial owner.

Link: How your cash and investments are protected

Would you still be able to request a share certificate from EE?
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You are being invited to the AGM’s etc. The (full) shares are in your name.
 
Quite amusing that when they change the rules, they reset your "Thrive Benefit", last week everything showed complete, this week they've changed the rules and its now incomplete.

Anyway, struggling to get a response from them on transferingf my TFSA away, no surprise.
 
I am planning on moving my Coreshares etf's from EE to Coreshares. Not sure if this will be possible. Will also need to look at the monthly fees - EE vs Coreshares. I am sure dealing directly with Coreshares will be cheaper.
 
2023-11-06 - 13h53 :Your withdrawal has been submitted.
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Requests received before 2pm Monday to Friday, will be released from our ABSA bank account by 4pm. Requests received after 2pm Monday to Friday, as well as requests received on a weekend/public holiday, will be released the following business day.
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Hoping to soon have my money back - with profit.

Every step of the way, there are fees ; even to the extent that they'll process the withdrawal within 1 business day, for a 0,2% charge.

Contradicts their note, above?

Prepared to wait a bit longer, regardless, as long as I get it back.

Was more of an experiment, anyway, to see how they operate/d - but like others, unhappy with the direction they're heading in.
 
Definetly the right decision to gtfo.

I've got 6 transactions stuck in a "In progress" state since last week (once again) ... logged a ticket, they want me to send a screenshot of the website... surely they should be able to see whats going on on an account level.
 
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BCR said:
Hoping to soon have my money back - with profit.

Every step of the way, there are fees ; even to the extent that they'll process the withdrawal within 1 business day, for a 0,2% charge.

Contradicts their note, above?

Prepared to wait a bit longer, regardless, as long as I get it back.

Was more of an experiment, anyway, to see how they operate/d - but like others, unhappy with the direction they're heading in.
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Exceptionally surprised - took just under 4 hours and my bank account was credited with the full amount.

Questions I now have :

1. If I'm able to close the EE account (now a NIL balance) to avoid the monthly fee, will I still get an IT3b / IT3c for Feb 2024 tax emailed to me ?

2. If I don't close the EE account - so I can log in next year to access the IT3b / IT3c online - will they try charging it each month with this new fee, as it's still open but inactive ?

If anyone here knows, otherwise will have to log a ticket etc. with them.
 
BCR said:
Exceptionally surprised - took just under 4 hours and my bank account was credited with the full amount.

Questions I now have :

1. If I'm able to close the EE account (now a NIL balance) to avoid the monthly fee, will I still get an IT3b / IT3c for Feb 2024 tax emailed to me ?

2. If I don't close the EE account - so I can log in next year to access the IT3b / IT3c online - will they try charging it each month with this new fee, as it's still active ?

If anyone here knows, otherwise will have to log a ticket etc. with them.
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The only answers to that you will be getting here are guesses at best.
 
Speedster said:
The only answers to that you will be getting here are guesses at best.
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Just hope advice I get from whoever answers, turns out to be correct.

Don't think amount will be material, but I definitely want those tax certs, one way or the other.
 
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