Interest promotion rate | Tangerine Bank | Discussion forum

Max said
Hi guys, if I add $20,000 in my checking account and just activated the promotional savings rate now if I transfer the money from my checking account to my savings account will depress promotional interest rate work with the funds with us to be new funds coming from outside Tangerine going in the savings account? 

This offer only seems to apply to $20,000 transferred into investment funds.

"The Tangerine Investment Bonus Offer (the "Offer") is available between November 27, 2025 and March 16, 2026 (the "Offer Period") to new and existing Tangerine Investment Funds Limited ("Tangerine Investments") clients."

Full terms and conditions are at: https://www.tangerine.ca/app/#.....er-details (scroll to the bottom and click "Legal stuff").

If you have specific questions, suggest that you call Tangerine customer support.

Max said
Hi guys, if I add $20,000 in my checking account and just activated the promotional savings rate now if I transfer the money from my checking account to my savings account will depress promotional interest rate work with the funds with us to be new funds coming from outside Tangerine going in the savings account?

Thanks!

Max  

Like P# 2 suggested, not all offers are the same. But the language of the email you received suggests it's Tang. normal routine. So, they add up all your savings accounts' amounts on Dec. 3rd to have a reference point ($$$), and any new deposits above that amount is considered new money, and eligible for the promotional rate during the promotional period (Dec. 4-Feb. 28th). And yes, based on their past offers, money sitting in checking is eligible for the promotional rate, if moved into an eligible account, as per offer. Of course, activating the offer before any transfer is a given.