Targeted 2.8% on new money, April 3 to August 31, 2020 | Tangerine Bank | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Targeted 2.8% on new money, April 3 to August 31, 2020
April 5, 2020
4:28 pm
Norman1
Member
Members
Forum Posts: 7190
Member Since:
April 6, 2013
sp_UserOfflineSmall Offline

dommm said
… I also noticed I have been given a new offer of 2.8% until August in my savings account so I will transfer my money from Laurentian over to Tangerine for the duration of the offer or until something better arrives.

That deserves its own thread! sf-smile

I logged into my account and was also given the same 2.8% offer.

April 5, 2020
5:01 pm
Bill
Member
Members
Forum Posts: 4024
Member Since:
September 11, 2013
sp_UserOfflineSmall Offline

I'm assuming neither of you is on an existing offer - ?

April 5, 2020
9:01 pm
Norman1
Member
Members
Forum Posts: 7190
Member Since:
April 6, 2013
sp_UserOfflineSmall Offline

I wasn't on an existing offer.

My last offer from Tangerine ended sometime last year.

April 6, 2020
3:53 am
JenE
Member
Members
Forum Posts: 417
Member Since:
May 24, 2016
sp_UserOfflineSmall Offline

I wasn’t on an existing offer, also offered 2.8% until Aug. 30.

April 6, 2020
5:58 am
dommm
Member
Members
Forum Posts: 179
Member Since:
November 15, 2018
sp_UserOfflineSmall Offline

Your assumption is correct Bill.

April 6, 2020
10:35 am
Adam1
Member
Members
Forum Posts: 59
Member Since:
August 28, 2019
sp_UserOfflineSmall Offline

I got this offer as well, unexpectedly. In the past I've seen lots of targeted offers from Tangerine for existing customers and this is the first one they offered me. I remember the only other offer I got was the new customer promotion: 2.4% for 6 months. Moved all my money from Motive savings, currently 2.2%, until the bonus interest ends.

Irrelevant: I noticed it's a lot quicker to send e-transfers from Tangerine. Unless it's a large amount, it always sends right away. Motive takes 30 minutes no matter what.

Adam

April 14, 2020
9:23 am
Peter
Admin
Forum Posts: 1446
Member Since:
May 15, 2007
sp_UserOnlineSmall Online

Tangerine's base savings account interest rate is down to 0.25% (from 0.40%) although the effective promo rate is unchanged.

April 14, 2020
11:51 am
Vatox
Member
Members
Forum Posts: 1218
Member Since:
October 29, 2017
sp_UserOfflineSmall Offline

Peter said
Tangerine's base savings account interest rate is down to 0.25% (from 0.40%) although the effective promo rate is unchanged.  

So Tang is thinking that someone getting 2.75% or 2.5% is going leave their money in the account after the promo ends! I don’t think so. I was already going to remove my money when it was higher yet still pathetic.

April 14, 2020
12:19 pm
toto
Member
Members
Forum Posts: 308
Member Since:
August 17, 2010
sp_UserOfflineSmall Offline

After I bought tangerine gics at the good rates couple weeks ago, I got a target rate of 2.8 on my savings account
Could my purchase of gics spurred the target?

April 14, 2020
2:33 pm
JenE
Member
Members
Forum Posts: 417
Member Since:
May 24, 2016
sp_UserOfflineSmall Offline

Same thing happened to me....

April 14, 2020
3:24 pm
Winnie
Ontario
Member
Members
Forum Posts: 473
Member Since:
December 7, 2011
sp_UserOfflineSmall Offline

toto said
After I bought tangerine gics at the good rates couple weeks ago, I got a target rate of 2.8 on my savings account
Could my purchase of gics spurred the target?  

I also received this offer 2.8%.
I didn't purchased any Tangerine GIC's in the last 10 years.
Savings account balance - close to zero, a few cents.

April 14, 2020
9:59 pm
Norman1
Member
Members
Forum Posts: 7190
Member Since:
April 6, 2013
sp_UserOfflineSmall Offline

No Tangerine GIC purchase here either and I received the 2.8% offer.

I suspect it is just a random selection of Tangerine clients who weren't on an offer already.

April 14, 2020
11:36 pm
Rick
Member
Members
Forum Posts: 1110
Member Since:
February 17, 2013
sp_UserOfflineSmall Offline

Had virtually nothing in Tang since Jan, 2018. Got the offer...jumped all over it at Motive's expense.

April 15, 2020
6:35 am
Heddie
Member
Members
Forum Posts: 9
Member Since:
May 9, 2012
sp_UserOfflineSmall Offline

What caught my eye with this offer is it also applies to USD. Time to move some dollars back into Tangerine...

April 15, 2020
7:35 am
potofgold
Member
Members
Forum Posts: 4
Member Since:
March 24, 2020
sp_UserOfflineSmall Offline

I received the 2.8% offer by email as well. It seems like it's being offered to every existing client.

April 15, 2020
8:00 am
hwyc
GTA
Member
Members
Forum Posts: 1280
Member Since:
September 30, 2017
sp_UserOfflineSmall Offline

Heddie said
What caught my eye with this offer is it also applies to USD. Time to move some dollars back into Tangerine...  

Is there a way to deposit/withdraw USD without going thru their their buy/sell ?

April 15, 2020
8:08 am
mustang
Member
Members
Forum Posts: 252
Member Since:
January 7, 2020
sp_UserOfflineSmall Offline

hwyc said

Is there a way to deposit/withdraw USD without going thru their their buy/sell ?  

Yes. Very simple-- I can move USD back and forth from my TD account, just link in your USD account on tangerine

April 15, 2020
8:39 am
Norman1
Member
Members
Forum Posts: 7190
Member Since:
April 6, 2013
sp_UserOfflineSmall Offline

As mustang mentioned, Tangerine can link an US$ chequing account at another Canadian financial institution to one's Tangerine US$ savings account. This is from their general account terms:

External Account Link

We may require you to provide us with an encoded personal or business deposit cheque from your other financial institution, or you may chose to provide us with such a link voluntarily. …

If your first Account with us is a Tangerine US$ Savings Account or US$ Business Savings Account, then you must provide us with a cheque from your US dollar chequing account held at a Canadian financial institution, and this cheque must clear in Canada. Once your cheque has been deposited, you may be required to verbally confirm to us that you wish to link your External Account to your Tangerine Account. …

April 15, 2020
3:11 pm
implode
Member
Members
Forum Posts: 167
Member Since:
April 2, 2015
sp_UserOfflineSmall Offline

Oh, USD as well? I can't wait for my existing offer of 2.75% to end at April 30...I wonder if then they will offer this 2.8% to me. If so, I'd be moving in some USD.

April 15, 2020
3:35 pm
suburbs4life
Member
Members
Forum Posts: 177
Member Since:
April 20, 2019
sp_UserOfflineSmall Offline

potofgold said
I received the 2.8% offer by email as well. It seems like it's being offered to every existing client.  

I wish that was true. My accounts were emptied in feb and I got nothing. Simplii 2.8% promo offer is coming up soon. I hope some FI’s puts something good out in May.

No permission to create posts

Please write your comments in the forum.