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Email this5:42 pm
December 16, 2020
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I've had two 3 month promos in a row but nothing yet. Have any other 4.75% March enders here received new promos, or shall I transfer out of Tang for now?
Thanks in advance.
7:48 pm
October 22, 2015
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Tang promo over for me today and no new offers so I’ll be transferring out.
8:17 am
August 20, 2020
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I phoned Tangerine this morning, and they offered me 4.25% on my savings account for 150 days, till August 28/2023. My 4.75% offer had expired yesterday. There was noting in my insights, so that's why I phoned. Hope this helps. Just wanted to contribute.
11:03 am
September 11, 2013
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That's usually what I do, call the day after the promo ends and see if they've got something before I move it out. They usually do, though not their very best rate.
Or else I move it out before the promo ends and then wait, often that gets me their best promo rate offer about a month to 3 months later, sometimes takes up to a year or so but eventually something always comes around for me.
1:38 pm
October 22, 2015
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I should have called LOL
3:09 pm
February 7, 2019
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We have been fortunate for either my spouse or I getting an offer every 3 months for the last year. So, we move funds back and forth between her accounts and mine ...
| CGO |
3:15 pm
December 16, 2020
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It's crazy the multiple different hoops we have to jump through with Tang! They only offered me 4% today so I got them to unlock all I had with them and moved it out to better pastures.
I'd love to be a fly on the wall in the room with the algo data team that tracks/implements their numerous offers. I'm sure TANG must have this rate dance down to a science but it is baffling how and why they are so seemingly inconsistent.
3:43 pm
April 6, 2013
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It is inconsistent because the offers are at least partially random.
A while back, someone filed a complaint with their ombudsman about the targeted promotions. One of the findings was that there is randomness to the offers.
6:30 pm
December 16, 2020
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Norman1 said
It is inconsistent because the offers are at least partially random.A while back, someone filed a complaint with their ombudsman about the targeted promotions. One of the findings was that there is randomness to the offers.
Thanks for this link ... I see the 'random' comment in the 3rd paragraph by the associate.
Further into the letter, I place higher weight in the marketing departments comments to suggest, they, like most other banks today, have increasingly sophisticated Artificial Intelligence that knows how to target 'random' (read anyone they wish) customers with great accuracy, and to heck with trying to offer the same deal to all customers - this is how they make the most $$$ ! 😉 😉 . . . End of speculation 🙂
>> "The marketing department selects clients based on a series of criteria that may change over time. This could mean random clients, test cells, etc. There is certain information that is considered proprietary knowledge and therefore cannot be disclosed."<<
4:12 am
November 18, 2017
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Being an old fart who joined ING when they first opened (pre-Tangerine), I clearly remember their old dutch guy in the commercials assuring us that there were no fees at all and that everyone got the same posted rate with no fiddling.
But that was Zen, and this is Tao...
RetirEd
RetirEd
5:19 am
November 8, 2018
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RetirEd said
Being an old fart who joined ING when they first opened (pre-Tangerine), I clearly remember their old dutch guy in the commercials assuring us that there were no fees at all and that everyone got the same posted rate with no fiddling.
Then, they sold their soul to the devil big bank.
6:29 am
March 30, 2017
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My advice will be NEVER phone in and ask for offers. The offer you will get are always sub par, and it throws u off-cycle compare to their "reg" special promo cycle, which are end of the month.
If you dont receive a promo extension from a promo ending, just move ur money somewhere else. By doing that, you WILL receive a promo at their next 1 or 2 cycle, and the rate is "guaranteed" to be better than the "phone in" one.
You do want to have "some transactions" so the AI picks up there are activities in the account, which is one of the promo handout criteria in my mind. Moving money around qualifies. Also they flag "calling in asking for promo" in their system and that prob feeds into their algo as well.
I have monitored that for almost the past 2 years so I am pretty certain what I said is close to 100% true. Have not beat the AI yet but at least I wont go down without a fight !
10:52 am
December 16, 2020
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FYI ... my March 31, 4.75% promo ended .... TANG didn't offer me anything via email or over the phone, so I moved my money out. 7 days later, after my money had moved out, they sent me an email offer for 5% until October end. (shaking my head).
Chasing Tang for interest is really quite annoying. I likely won't bother to bite at any of TANG's future promos. So much for their artificial intelligence!
11:02 am
February 7, 2019
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ExtraSauce said
FYI ... my March 31, 4.75% promo ended .... TANG didn't offer me anything via email or over the phone, so I moved my money out. 7 days later, after my money had moved out, they sent me an email offer for 5% until October end. (shaking my head).Chasing Tang for interest is really quite annoying. I likely won't bother to bite at any of TANG's future promos. So much for their artificial intelligence!
Kinda hard to beat 5% till Oct right now ...
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