5.25? Promo Rate ending October 31, 2023. Any extensions Yet?? | Page 2 | Tangerine Bank | Discussion forum

It's better to have no extension. I moved my fund out after the 5.25% promotion expired and I am now offered 6%, but I moved majority of my fund to HSBC (6.35%) and DUCA (6.25%).

Alexandra said
Effective 03Nov23 through 31Mar24, I have received and signed on to the new 6% promo rate for HISA and TFSA. Old offer of 5.25% ended 31 Oct.   

My wife's 5.25% extension ended Oct 31. New offer today 5.0% thru Mar 31. Since I'm at 6.0% thru Jan 31, I'll let that 5.0% ferment in my mailbox...

recd a 5.5% new deposit (Nov 2 screen shot) that covers USD as well.
For those that recd 5% only, dont activate your offer and you will most likely rec another better offer in a month's time or so (as they stagger their promo over all accounts that currently dont have an offer activated).

cgouimet said

Three different Tangerine offers out simultaneously: 5.0, 5.5 and 6.0%.

I don't recall Tangerine sending out more than one at a time. Or did I miss something?  

they do. 6% is for those who do not have current promo. 5 and 5.5% for those who has promo recently expired.
but you are right they usually stagger it further apart.

I would imagine not many people bite on the 5%, and hence they increase it to 5.5% may be. For me i only accept the 5.5% cuz i cleaned out my account Nov 1 and the new promo still covers USD as well.