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Email this10:49 am
December 7, 2016
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HELLO,
I HAD OVER 100K IN EACH OF 3 ACCOUNTS AND HAVE BEEN A MEMBER FOR 10 YEARS. THEY REFUSED TO EXPLAIN.
10:53 am
December 15, 2016
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CHUCK21 said
HELLO,
I HAD OVER 100K IN EACH OF 3 ACCOUNTS AND HAVE BEEN A MEMBER FOR 10 YEARS. THEY REFUSED TO EXPLAIN.
So what did you do after an insult like that ?
10:56 am
February 17, 2013
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CHUCK21 said
JUST CALLED TANGERINE. THEY WOULD NOT OFFER ANY HIGHER THAN 1.6% AND WOULD NOT EXPLAIN WHY SOME ARE GETTING 2.5%. SOME RETENTION PROGRAM. ANY THOUGHTS?
Just the usual no rhyme or reason to who gets offers and who doesn't. I'm sure there's some mystery algorithm somewhere they use to decide who gets an offer and at what rate. I give up phoning and begging for a better rate. Found it's just best to wait for the promo... those rates always seem to be better than what some miserable minion in a cubicle working on a stat holiday can offer. Mine is sitting in Tang checking as of today. Don't like or don't get an offer by Wednesday, it's off to EQ.
10:59 am
February 17, 2013
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CHUCK21 said
HELLO,
I HAD OVER 100K IN EACH OF 3 ACCOUNTS AND HAVE BEEN A MEMBER FOR 10 YEARS. THEY REFUSED TO EXPLAIN.
I think they need to know you aren't adverse to moving it out, lock stock and barrel before they give a decent offer (or move it back in if you get one). Bin there, dun dat.
11:01 am
December 7, 2016
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HELLO AGAIN,
I'M ALREADY AT EQ'S LIMIT, OAKEN IS IFFY SO I THINK I'LL PUT IT INTO A HUBERT GIC UNLESS I FIND ANYTHING BETTER THAN 1.95%
11:03 am
December 15, 2016
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Rick said
Just the usual no rhyme or reason to who gets offers and who doesn't. I'm sure there's some mystery algorithm somewhere they use to decide who gets an offer and at what rate. I give up phoning and begging for a better rate. Found it's just best to wait for the promo... those rates always seem to be better than what some miserable minion in a cubicle working on a stat holiday can offer. Mine is sitting in Tang checking as of today. Don't like or don't get an offer by Wednesday, it's off to EQ.
I wouldn't leave anything in chequing for 2 reasons.
They may decide to do like some of the others and count the total of ALL the accounts held at Tangerine.
The other reason being that the more people that move their money OUT altogether may make it a bit more difficult for them (less funds at the end of the day for their operations).
11:07 am
December 15, 2016
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CHUCK21 said
HELLO AGAIN,
I'M ALREADY AT EQ'S LIMIT, OAKEN IS IFFY SO I THINK I'LL PUT IT INTO A HUBERT GIC UNLESS I FIND ANYTHING BETTER THAN 1.95%
Royal Bank is offering 2% until Dec 1
1:07 pm
August 17, 2010
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I got my husband to accept the 2.5 on his account and then I moved all monies into his account and if I get targeted on my account I'll move it back.
1:46 pm
October 21, 2013
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I disagree with Righand re: chequing account.
Money in a chequing account is not available to the bank in the same way that savings might be. You may have written a cheque on the entire amount, so they have to deal with the possibility that it's not really there. It's just as "gone" as the money in the savings account.
3:42 am
April 7, 2016
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I just called and was only offered .8 which was already noted on my account. I talked to a rep and said maybe it is time to close my account. He said he'd be able to do that while I was talking to him. Absolutely no desire to satisfy a customer of over fourteen years. They just don't care anymore!
6:09 am
March 21, 2017
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Righand said
I believe that generally, people being offered the 2.5% have over 100k in the account and have been a client for at least 2 years but I could be wrong on this.
So obviously this is more misguided speculation about TING's algorithms 
Haven't seen anything proposed yet that's supported by the evidence, other than 'random' ... which I don't believe ... but it's not obvious.
6:14 am
November 5, 2015
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threeoakwest said
I just called and was only offered .8 which was already noted on my account. I talked to a rep and said maybe it is time to close my account. He said he'd be able to do that while I was talking to him. Absolutely no desire to satisfy a customer of over fourteen years. They just don't care anymore!
The Bank of Canada is ramping up to hike its benchmark interest rate — possibly as soon as next week. It looks as if those people in Tangerine remain oblivious to these reports (CBC) and offer such insulting rates!
7:46 am
February 17, 2013
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Righand said
I wouldn't leave anything in chequing for 2 reasons.
They may decide to do like some of the others and count the total of ALL the accounts held at Tangerine.
Then it's sitting in the chequing in launch position, ready to rocket over to EQ. Only thing i don't like is they give you virtually no interest for 2 or 3 days while you wait to see what , if any, offer you get.
7:57 am
December 7, 2011
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Rick said
Then it's sitting in the chequing in launch position, ready to rocket over to EQ. Only thing i don't like is they give you virtually no interest for 2 or 3 days while you wait to see what , if any, offer you get.
Tangerine Chequing Account interest rates:
0.65% ($100,000 +)
0.55% ($50,000 - $100,000)
8:26 am
September 5, 2013
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Winnie said
Tangerine Chequing Account interest rates:
0.65% ($100,000 +)
0.55% ($50,000 - $100,000)
The saving account is not much better: 0.8% now, unless you call and beg them.
I just moved to PC Financial for 2.5% until end of August.
8:32 am
December 7, 2016
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JUST SPOKE TO A TANGERINE SUPERVISOR RE RATES. HE COULD OR WOULD NOT GIVE ME THEIR CRITERIA FOR WHO GETS WHAT RATE. AFTER 14 YEARS I'M GIVING UP ON THEM.
THANKS ALL FOR YOUR INFO.
9:39 am
January 8, 2016
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I've decided to move money to chequing as well and wait until tomorrow. If there is no special offer on mine or wife's account - EQ will get all the moneys 🙂 It is simple now 🙂
10:34 am
February 17, 2013
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Winnie said
Tangerine Chequing Account interest rates:
0.65% ($100,000 +)
0.55% ($50,000 - $100,000)
You missed one:
Tangerine Chequing Account
$0.00 - $49,999.99
0.15%
$50,000.00 - $99,999.99
0.55%
$100,000.00 or more
0.65%
Stupid question. Do you get .15 on the first 50K and .55 on remainder up to100K or once you cross the 50K mark you get .55 on the entire balance? Either way...less than 1% is "virtually nothing"
10:35 am
July 10, 2015
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Curious to know - is there a promotion EVERY quarter? (whether one gets the offer or not)
Today I called Tang saying I wanted to move my money out to get higher interest elsewhere, and was offered 2.5% for 3 months. I took it as it's better than EQ and I'm maxed out there anyways.
However, I'm wondering if I should have just moved the money out and waited to see if there was a new money promo like the 3.21% I was enjoying for the last 3 months.
I guess I will find out in the next few days!
Now that I've basically forfeited any summer promo by taking the 2.5 retention offer, I will definitely be pulling out at end of September. Hoping for another juicy 4th quarter promo like last year. ...What a ridiculous game we play.
10:57 am
February 17, 2013
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laura77 said
Curious to know - is there a promotion EVERY quarter? (whether one gets the offer or not)
Here's the offers I have received:
Spring Savings 2017 - view Terms and Conditions 5-Apr-2017 30-Jun-2017
Winter Savings 2017 - view Terms and Conditions 5-Jan-2017 31-Mar-2017
Fall Savings 2016 - view Terms and Conditions 5-Oct-2016 31-Dec-2016
Spring Savings 2016 - view Terms and Conditions 5-Apr-2016 30-Jun-2016
Winter Savings 2016 - view Terms and Conditions 6-Jan-2016 31-Mar-2016
Tangerine 2015 Summer Savings Sale - view Terms and Conditions 2-Jul-2015 30-Nov-2015
Savings Interest Offer - view Terms and Conditions 1-Apr-2015 30-Jun-2015
I have been with them since ING... Sep 2003. Notice I haven't gotten the Summer promo for 2016...don't know why. Yes... It is a silly game.
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