New Tangerine Offer from Sept. 7, 2021 to Jan 31,2022 | Page 2 | Tangerine Bank | Discussion forum

semi-retired said
Wife just received the 1.4% offer.We will use it once the 1.5% offer of mine expires.  

I'm on the 1.5% thru Oct 2021.

My Wife didn't get the 1.5%.

Neither one of us have the 1.4%.

Dean said

As far as I can find (correct me if I'm wrong), with Tang there are no 'Minimums' required. However, I have found it good practice to keep at least a dollar in any account.

As for details on Tang's fees for account inactivity, scroll down to 'Dormancy Fees' ⬇

https://www.tangerine.ca/file_source/fberoot/pdf/en/en_fair_fees_schedule.pdf

Dean

  

I keep $1.11 in each account (self, spouse, joint) in a few institutions and keep $ in the account(s) that are at least 0.25% better or move for offers of at least 0.5% better for at least 6 months.

LK said
Offered and activated.
2. Will transfer out of Motive HISA to Tangerine Savings later this month, a few days before the Motive 2.25% promo ends.
 

When did the Motive 2.25% promo start? Did you mean 1.25%?

When offers like this come up I usually call and speak to someone to get something close. No luck this time around, was only offered a GIC options. Time to pull the plug on TANG.

My 1.1% promo for 150 days just ended Sat, 9-11-2021.

I called Tang on a different matter but asked the CSR if any other offers were available to my account. She offered me a 1% promotion for 150 days. I asked if there was any time limit on acceptance of this new offer and she told me that there was none and that the offer was one she could give if no other offers were available to a customer. It was kind of a 'standby' promo that could be authorized for anyone who asked for one.

Dean said

Yes, 1.00% is a Lot better than their standard rate (0.10%). But as we know, there are better pickings elsewhere ⬇

https://www.highinterestsavings.ca/chart/

Dean

  

In the land of 0.10%, 1.00% is king. LOL!

From the fine prints number 10: Money from a Bank GIC do not qualify.

Notwithstanding the above, the following are examples of the types of transactions that won’t qualify as Eligible Deposits and won’t earn Promotional Interest:
Transfers or money deposited into RIF Savings, CSA, Business Savings Account, or US$ Business Savings Account.
Money transferred from a Bank GIC, Investment Fund or Line of Credit to an Applicable Account.
Transfers made to any new RSP Savings Account from an existing RSP Savings Account or RSP GIC resulting in no change to the total Applicable Account balances in RSP Savings from September 6, 2021.
Money deposited into an RSP Savings Account and then transferred into a RSP GIC resulting in no change to the total Applicable Account balances in RSP Savings from September 6, 2021.
Transfers made to any new TFSA Savings Account from an existing TFSA Savings Account or TFSA GIC resulting in no change to the total Applicable Account balances in TFSA Savings from September 6, 2021.
Money deposited into a TFSA Savings Account and then transferred into a TFSA GIC resulting in no change to the total Applicable Account balances in TFSA Savings from September 6, 2021.
Money transferred from an RSP, TFSA or RIF Account to any Applicable Account.
Money transferred from a CSA to an Applicable Account.
Direct or indirect transfers from Tangerine Business Savings Accounts and Tangerine US$ Business Savings Accounts to Applicable Accounts.

hwyc said
Today, some may have received an 2 month extension (to end-of-March 2022) on this Sept offer of 1.4%

Doesn't sound like there is a choice on your side, which means you are stuck at 1.4% with no chance of another draw next two months

... 1.40% was great last Sept but it will be Feb 2022 soon  

I got this extension as well. I will keep some monies in Tang a bit longer then, until something more attractive appears - such as the 2% one year GIC at Hubert?

jgclghrn said
The last offer I got ended in Feb. 2021. No one else in my family got one this time.  

Peter said
Tangerine seems to have stopped giving me these promos in 2021. My wife got this one, though. Her previous promo had expired at the end of July.  

I didn't get this 1.4% offer but I did get the 2.0% about Dec 1, good through April 30. My wife didn't.

One thing to look at though is your joint accounts. I have a joint account with my wife and one with my daughter. I have found that all the special offers to me have also applied to the joint account with my wife but never to the joint account with my daughter.

Something to keep in mind if you manage your deposits vs CDIC coverage ...

cgouimet said ...
One thing to look at though is your joint accounts. I have a joint account with my wife and one with my daughter. I have found that all the special offers to me have also applied to the joint account with my wife but never to the joint account with my daughter.

Something to keep in mind if you manage your deposits vs CDIC coverage ...  

That simply mean your daughter is the primary owner of the joint account and therefore not eligible to an offer made to you. You could simply open another joint with daughter but with you as the primary owner, then "launder" the money as new deposit there. Keep in mind, the T5 will be yours.

One more thing, if your daughter got an offer of her own, you won't see the rate in the account details. However, as a co-owner, you can still see the promo interest transaction at end of month.

I checked Tangerine today, and it says that my 1.4% promo -- which was scheduled to end on January 31 -- has been extended to March 31. I didn't ask and had no notice of such -- just saw it when I checked the "account details" tab.

It now says this:
Your special rate is active! Nice! You're earning a special interest rate of 1.40% on new deposits to this Account until March 31, 2022.

Anyone else notice this? Did you get notice of the extension?