Calling It - Tangerine ending quarterly promo rates? | Page 2 | Tangerine Bank (formerly ING Direct) | 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

This topic is locked No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Calling It - Tangerine ending quarterly promo rates?
October 4, 2017
12:23 pm
JenE
Member
Members
Forum Posts: 124
Member Since:
May 24, 2016
sp_UserOfflineSmall Offline

2.75% for me.

October 4, 2017
12:43 pm
toto
Member
Members
Forum Posts: 74
Member Since:
August 17, 2010
sp_UserOfflineSmall Offline

Missed me on last 2 promotions. I called in and spoke to next level and asked for a retention offer and they said they couldn't give me one. They had sent me a mutual fund offer in the mail and they said that was my current offer.

October 4, 2017
1:21 pm
2of3aintbad
Member
Members
Forum Posts: 198
Member Since:
February 24, 2015
sp_UserOfflineSmall Offline

Comparing a mutual fund offer to a savings account offer is a new tactic. What is it costing Tangerine to handle what likely is an ever increasing number of calls. By the way, my son and I got both offers.

October 4, 2017
3:04 pm
Doug
Member
Members
Forum Posts: 1233
Member Since:
December 12, 2009
sp_UserOfflineSmall Offline

Rick said

postulated: Something assumed without proof as being self-evident or generally accepted, especially when used as a basis for an argument

predicted: That which has been foretold.

You have to be right to say you predicted it.  

Thanks for clarifying the definitions, Rick, but can't the verb to predict be used in the present or future tense, i.e. the gerund form, as in predicting, which is what I believe that I did? 😉

I was partially or mostly right anyway. All has not been foretold, either! 😉

Cheers,
Doug

October 4, 2017
3:06 pm
Doug
Member
Members
Forum Posts: 1233
Member Since:
December 12, 2009
sp_UserOfflineSmall Offline

Peter said
I got 2.75% this quarter; more details in the retention thread.  

Thanks, Peter; though for you, as I believe this was only the second consecutive quarter you've either gotten or acted on a promo rate, I suspect they could be offering you better promos as you've not fully exercised the promos like others (including Loonie and me have). 🙂

Cheers,
Doug

October 4, 2017
3:08 pm
Doug
Member
Members
Forum Posts: 1233
Member Since:
December 12, 2009
sp_UserOfflineSmall Offline

Rick said
I count 12 people so far getting 2.75 and 2 got 2.55 promo rates. Don't see anyone with 2.1 or 2.5 in this thread at all. In the Q4 promo thread I see 3 people were offered 2.5 retention. Lowest promo offer I've seen so far is 2.55 percent....STILL better than 2.5. Promo rates are MOSTLY 2.75...are you confusing promo and retention rates?  

Nope. I got 2.12% promo offer. No retention rate as I didn't call. Plus, I know the difference. Same with my mom, who was offered 2.12% and didn't get an offer last quarter whereas I did. 😉

Cheers,
Doug

October 4, 2017
3:09 pm
Doug
Member
Members
Forum Posts: 1233
Member Since:
December 12, 2009
sp_UserOfflineSmall Offline

toto said
Missed me on last 2 promotions. I called in and spoke to next level and asked for a retention offer and they said they couldn't give me one. They had sent me a mutual fund offer in the mail and they said that was my current offer.  

Whoa...I got the mutual fund offer in the mail, though I don't have their mutual fund account, but I did get a 2.12% promo offer. So now they're giving clients mutual fund offers in lieu of savings account offers!? 😉

Geezus!

Cheers,
Doug

October 4, 2017
4:49 pm
GreatWhiteNorth
Member
Members
Forum Posts: 5
Member Since:
March 21, 2017
sp_UserOfflineSmall Offline

Doug said
"Inside insights"? I hope you're not insinuating anything and that that is mere sarcasm because it's not clear to me.

Also, when how is postulated, as you put it, not predicted? 😉

Cheers,
Doug  

Sorry, I think I was originally insinuating something but they edited that part out. Didn't really believe the inside insights alternative anyways ... kind of obvious this stuff's being made up as you go. Facts and evidence just get in the way. Cheers to free speech 🙂

Pretty sure someone else has already set you straight on the postulated thing.

October 4, 2017
5:30 pm
Rick
Member
Members
Forum Posts: 508
Member Since:
February 17, 2013
sp_UserOfflineSmall Offline

Doug said

Nope. I got 2.12% promo offer. No retention rate as I didn't call. Plus, I know the difference. Same with my mom, who was offered 2.12% and didn't get an offer last quarter whereas I did. 😉

Cheers,
Doug  

2.12 is a no-brainer......off to EQ with it!!! You postulated a scenario based on assumptions, so I think that definition sticks, had it come true...you would have predicted it. They both have several definitions....I think those two are most appropriate. Thanx for the entertaining read anyway! sf-laugh
Always enjoy the variety of opinions and info I find in this forum.

October 4, 2017
6:01 pm
Doug
Member
Members
Forum Posts: 1233
Member Since:
December 12, 2009
sp_UserOfflineSmall Offline

Rick said
2.12 is a no-brainer......off to EQ with it!!! You postulated a scenario based on assumptions, so I think that definition sticks, had it come true...you would have predicted it. They both have several definitions....I think those two are most appropriate. Thanx for the entertaining read anyway! sf-laugh
Always enjoy the variety of opinions and info I find in this forum.  

Just curious...what's "your number" whereby you'd transfer it out to EQ Bank or similar FI with a decent posted rate? Less than 2.50, 2.45, 2.40 or lower?

Cheers,
Doug

October 4, 2017
7:46 pm
Rick
Member
Members
Forum Posts: 508
Member Since:
February 17, 2013
sp_UserOfflineSmall Offline

Doug said

Just curious...what's "your number" whereby you'd transfer it out to EQ Bank or similar FI with a decent posted rate? Less than 2.50, 2.45, 2.40 or lower?

Cheers,
Doug  

Not sure. 2.5 would have caused internal conflict between my lack of loyalty to Tang and my drive for the best return, tempered with the need to prove that I am willing to move it all out. I still think you have to show them you mean business just so they don't take your patronage for granted. If what you think may come to pass does, they will make that decision for me.

October 5, 2017
12:44 pm
Loonie
Member
Members
Forum Posts: 3147
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

Doug said

Whoa...I got the mutual fund offer in the mail, though I don't have their mutual fund account, but I did get a 2.12% promo offer. So now they're giving clients mutual fund offers in lieu of savings account offers!? 😉

Geezus!

Cheers,
Doug  

Now, I'm curious; what was the mutual fund promo offer exactly?

2.75 for spouse.

October 5, 2017
2:25 pm
Doug
Member
Members
Forum Posts: 1233
Member Since:
December 12, 2009
sp_UserOfflineSmall Offline

Loonie said

Now, I'm curious; what was the mutual fund promo offer exactly?

2.75 for spouse.  

If it's the same one I got, $10 per $1000 you invest in either a non-registered, RSP or TFSA mutual fund account up to $15,000 or $150 total bonus. Bonus is to be paid in early January 2018 and will be based on your balance as of the end of December, something like that. Not a long "hold period" and not bad for a smaller investor where ETFs are too costly in terms of trading costs but a "few hoops to jump through" if you plan on closing the mutual fund account. 🙂

Perhaps my mom & I got that promo instead of a better Savings promo, I'm not sure. That's a troubling, though not completely unsurprising in hindsight, sign of things to come, perhaps. Consider that a postulation or a prognostication, is that still right, Rick? 😉

Perhaps I should change my nickname to BankGroundhog? 🙂 sf-cool

Cheers,
Doug

Footnote #1: Thanks for sharing, Loonie. Guessing spouse is primary account holder on the joint account?

Edit #1: Corrected bonus amount to $10 per $1000 contributed, total of $150 bonus for $15,000.

October 5, 2017
2:33 pm
HIS285
Member
Members
Forum Posts: 27
Member Since:
November 29, 2014
sp_UserOfflineSmall Offline

Doug said

If it's the same one I got, $100 per $1000 you invest in either a non-registered, RSP or TFSA mutual fund account up to $15,000 or $150 total bonus.   

It's actually $10 per $1000 as the numbers you give show.

October 5, 2017
2:52 pm
Doug
Member
Members
Forum Posts: 1233
Member Since:
December 12, 2009
sp_UserOfflineSmall Offline

HIS285 said

It's actually $10 per $1000 as the numbers you give show.  

Oops, sorry, should've proofread that.

$10 per $1000 and $150 total if $15,000 contributed and on account as of such and such date. Thanks.

Also, "bonus" is treated as a "transfer," not a "contribution," to registered plans when credited as addition units in a mutual fund(s) and is non-taxable in non-registered accounts.

Cheers,
Doug

October 5, 2017
5:24 pm
GreatWhiteNorth
Member
Members
Forum Posts: 5
Member Since:
March 21, 2017
sp_UserOfflineSmall Offline

Doug said
Perhaps my mom & I got that promo instead of a better Savings promo, I'm not sure. That's a troubling, though not completely unsurprising in hindsight, sign of things to come, perhaps. Consider that a postulation or a prognostication, is that still right, Rick? 😉
  

Still postulating ... since it's another unproven assertion.
Also wrong again. Myself and many of my friends have received both offers.
Don't think you really intended to use the double negative?

October 5, 2017
5:53 pm
Peter
Admin
Forum Posts: 770
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline

This thread has run its course! I'm closing it.

This topic is locked No permission to create posts

Please write your comments in the forum.