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Email this6:51 am
September 15, 2017
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New non-registered and registered GIC rates are up and down. 1 year increased to 5.0%, but longer terms decreased.
https://www.tangerine.ca/en/products/saving/guaranteed-investments/guaranteed-investment
8:42 am
January 12, 2019
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.
A Tangerine GIC that pays 5.00% interest ❗ 
That Must be from an 'Alternate Universe'.
LOL 
- Dean
" Live Long, Healthy ... And Prosper! "
5:02 am
September 30, 2017
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Oops ... wrong thread
3:02 am
September 30, 2017
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1-year 5.25%
18-month 5.50% !
18-month term is TFSA tactical till end of June 
…refer to charts for rest
5:56 am
February 7, 2019
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Dean said
.
A Tangerine GIC that pays 5.00% interest ❗That Must be from an 'Alternate Universe'.
LOL
Dean
Now 5.25-5.5%!
| CGO |
6:50 am
January 9, 2011
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hwyc said
1-year 5.25%
18-month 5.50% !
18-month term is TFSA tactical till end of June…refer to charts for rest
Excellent timing, both the 18 month rate and that most important expiry timing shift to December.
"Keep your stick on the ice. Remember, I'm pulling for you. We're all in this together." - Red Green
8:46 am
January 12, 2019
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hwyc said
Oops ... wrong thread
.
. . . How Dare You ❗❗ 
.
- Dean
" Live Long, Healthy ... And Prosper! "
8:47 am
February 7, 2019
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I bought one of each 12 & 18mo. Took all but 5 minutes online.
Then we called to make them joint. We have done this many times before. I was amazed at the hold time of less than 30 seconds.
But then it all went South! I don't know if Tangerine were having system problems today or if they changed their processes or if it was because of this very difficult to understand CSR but it took 40 minutes to convert these two GIC's to Joint. Even my most patient spouse was getting impatient.
Most likely the last GIC's I'll ever buy at Tangerine ...
| CGO |
9:39 am
September 30, 2017
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Never say "ever" … there are only so many banks in Canada … eeny, meeny, miny, moe
Just do a "pause"!
9:39 am
February 7, 2019
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cgouimet said
I bought one of each 12 & 18mo. Took all but 5 minutes online.Then we called to make them joint. We have done this many times before. I was amazed at the hold time of less than 30 seconds.
But then it all went South! I don't know if Tangerine were having system problems today or if they changed their processes or if it was because of this very difficult to understand CSR but it took 40 minutes to convert these two GIC's to Joint. Even my most patient spouse was getting impatient.
Most likely the last GIC's I'll ever buy at Tangerine ...
Unless I go senile and start welcoming new experiences...
| CGO |
9:46 am
October 21, 2013
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When I reach a CSR whom I can't understand, I just politely say "I can't understand you", hang up, and start again. It saves me a lot of aggravation, and I usually do better on the second call. For me, it's worth waiting in line again.
10:25 am
April 14, 2021
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You can also just ask the CSR to put you back into the pool/queue for the next operator. That usually avoids the long wait time.
12:58 pm
March 30, 2017
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cgouimet said
Now 5.25-5.5%!
Thanks for the heads up !
1:41 pm
October 21, 2013
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HermanH said
You can also just ask the CSR to put you back into the pool/queue for the next operator. That usually avoids the long wait time.
... in theory, at least, but I don't look forward to trying to explain this request to someone who is hard for me to communicate with!
4:06 pm
December 12, 2020
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8:48 am
May 20, 2016
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I opened a 18 month GIC yesterday and called them to make the account joint. I waited for about 30 minutes to have someone pick up the phone. I was then transferred to another CSR and spent about 10 more minutes to make the account joint.
9:08 am
February 7, 2019
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davidgeorge said
I opened a 18 month GIC yesterday and called them to make the account joint. I waited for about 30 minutes to have someone pick up the phone. I was then transferred to another CSR and spent about 10 more minutes to make the account joint.
Wait time "worser" than me but process time much "gooder"!
| CGO |
9:10 am
October 3, 2022
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dougjp said
Excellent timing, both the 18 month rate and that most important expiry timing shift to December.
dougjp, how do you see the 18 month expiry being in December as being important?
I almost feel like having it finish in December of the same year is a burden on my taxes since this is not in a registered account.
Also I have the 5.25% daily interest offer that expires end of July. I am hesitant to lock in the 18 months until then, but I don't know how long this 18 month rate will be around for.
9:36 am
January 9, 2011
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ca-tech-fire said
dougjp, how do you see the 18 month expiry being in December as being important?
I almost feel like having it finish in December of the same year is a burden on my taxes since this is not in a registered account.
Also I have the 5.25% daily interest offer that expires end of July. I am hesitant to lock in the 18 months until then, but I don't know how long this 18 month rate will be around for.
This was in response to hwyc's post that I quoted, and specific to TFSA only. It doesn't sound like, from your comments, that it pertains to your situation.
IMO, TFSA GIC investor's need to get to a 'Plan B' alternative exit strategy that isn't paying fees and/or putting the timing in the hands of a bank losing your business, or withdrawing from the TFSA tax shelter on interest for more than a brief period. Probably most TFSA GIC buyers do so in January, but that's the worst as they are 'trapped' with that bank.
"Keep your stick on the ice. Remember, I'm pulling for you. We're all in this together." - Red Green
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