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Tangerine "New money special saving rate"
May 2, 2021
7:56 am
Slybanking
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For new money special offers at Tangerine, is money transferred from a Tangerine GIC that has matured in to my saving account is considered new money? or not?

Thanks.

May 2, 2021
9:32 am
Dean
Valhalla Mountains, British Columbia
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.
I would guess 'not', but I've been wrong before ... LOL sf-laugh

Question:
What does Tangerine have to say about this ❓

    Dean

sf-cool " Live Long And Prosper " sf-cool

May 2, 2021
9:58 am
Slybanking
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I did not ask Tangerine but just found the fine print about it and money transferred from a Bank GIC is not new money.

Cheers

May 3, 2021
10:02 am
fbeaulie
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From my latest offer:

"Exclusions

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:

b. Money transferred from a Bank GIC, Investment Fund or Line of Credit to an Applicable Account."

May 3, 2021
11:03 am
savemoresaveoften
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its pretty obvious money already in their hands in any form does not qualify....

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