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New money earns 6% from Dec5 to Apr30
April 26, 2024
11:45 am
canadian.100
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MattS said
My offer of 5.75 ends May 31
I emailed as I would prefer not to have to move money around constantly as this is already old Duca HISA money they chased away in favour of providing treats to new customers… TANG kindly said to watch for newly released promos the month after mine expires so early June and extensions are very rare… I used to by loyal and not move for a quarter point here or there if I was treated fairly but no more loyalty from me for these game playing clowns  

Tangerine is well aware of the switching game played by depositors and they know depositors are not loyal - they can always make offers to attract new deposits. Overall, I find Tangerine quite reasonable if not better than a lot of other alternatives.

April 28, 2024
1:48 pm
mustang
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We are on 5.5% until April 30
Had to call in today (30 minute wait), to get my USD moved out
The agent offered me 4.5% for 90 days to leave the funds there
I wavered for a moment-- but I can actually do a little better with TD8152, so I declined
We have experienced occasions where we actually received a new offer, within days of the old one expiring
I'm sure that, had I accepted the 4.5% offer today, that would have destroyed any chance of any new offer, for at least 90 days

April 29, 2024
7:32 am
bpwest
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hwyc said

Think I just got an extension offer (activation required) to July 31st on this original because the promo rate applies to the baseline dated December 4th, 2023. However, the rate is dropped to 5.75% ... still a good one sf-smile  

I got same extension offer...question though, if we only receive the notification of new 'extension' offer on May 5, activation required, will there be a 'gap', from April 30 to May 5, where we will get the wonderful rate of .7%?

In the past, I generally have moved my money out, and back in, even when Tang says 'keep it here'. Thanks in advance, if anyone can answer my query...

April 29, 2024
4:32 pm
InterestThis
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You could post the full terms of this extension here for review, it sounds odd with that gap.

April 29, 2024
5:53 pm
bpwest
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InterestThis said
You could post the full terms of this extension here for review, it sounds odd with that gap.  

Apologies for my confusion...my extension should say May 1-July 31, no gap, when I receive the activation request in the next few days...I over-thought this, and did not read the conditions carefully. sf-confused(Usually the non-extension offers begin around the 5th of the month)...all is good.

April 30, 2024
9:21 am
Ed
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Terms of new extension offer:

* The 5.75% Interest Rate Offer (the “Offer”) is only available to existing Tangerine Clients who have received this communication directly from Tangerine and who activate the Offer online by May 31, 2024 (“Eligible Clients”). The 5.75% promotional interest rate (the “Promotional Interest Rate”) is valid from May 1, 2024 to July 31, 2024 (the “Promotion Period”) and is only applicable to Tangerine Savings Accounts, Tax-Free Savings Accounts, RSP Savings Accounts and US$ Savings Accounts where the Eligible Client is the Primary Account Holder (referred to collectively as “Applicable Accounts”). Promotional Interest is the interest earned on Eligible Deposits during the Promotion Period. “Eligible Deposits” for any day during the Promotion Period is the excess of (i) the sum of end-of-day balances in all Applicable Accounts per Applicable Account Type (excluding Promotional Interest) over (ii) the sum of end-of-day balances in all Applicable Accounts per Applicable Account Type as at December 4, 2023, to a maximum of $1,000,000 per Applicable Account Type (in the currency of the Applicable Account). The Promotional Interest Rate is an annualized rate, calculated daily and paid monthly. All balances in Applicable Accounts that don’t qualify as Eligible Deposits will continue to earn the Bank’s applicable Posted Rate. This Offer can’t be combined with any other promotional Savings rate offers. This Offer, including interest rates, may change, be extended or cancelled without notice.

May 2, 2024
6:57 am
hwyc
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hwyc said

Think I just got an extension offer (activation required) to July 31st on this original because the promo rate applies to the baseline dated December 4th, 2023. However, the rate is dropped to 5.75% ... still a good one sf-smile  

Tangerine let me activate today if I want to, until end of May sf-smile

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