11:16 pm
June 10, 2016
I signed on at Tangerine for their promo rate last summer. When the promo ended, and the rate dropped back to (ugh) .8%, nowhere else had anything much higher, except promos I didn't qualify for.
So I complained. Why not? Just the usual stuff... that I'd move my (at CDIC-limit) account if they couldn't do better. Of course, customer service reps can't authorize anything like that.
This is where the magic word comes in. I simply asked the CSR to "escalate" my call. This will ALWAYS bump a caller to a supervisor - who can usually do a lot of authorizing. Which she did, doubling my .8% rate, for customer retention.
It's a good word to know.
10:33 am
February 17, 2013
I did the exact same thing after one of my promos expired and got the standard "Nothing we can do" response. Guess it matters which supe is on duty when you call. If the account is at CDIC max, that means you lost $400.00 yearly interest compared to EQ or some of the other optionsby staying with Tang.
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