Yes, I have had one for about 6 month's. Ok if you are looking to save in a higher paying account without locking up for any term deposit. They have a few branches only in T.O. I only use the internet and transfer money back and forth from my TD account. Being from India they seem to hire mostly from that culture so when dealing on the phone it is a little hard to understand the English. Otherwise have had no problems. Other than the $20.00 incentive(yes they do deposit it after about 1 month) you may also consider ING Bank. Same principle,same % interest, better internet banking services, but no incentive. I have both. Hope this helps.