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August 14, 2018
10:03 am
Vatox
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Tang promo, new deposits in savings and TFSA 2.5% until April 30, 2019. I got in an e-mail activation.

August 14, 2018
10:22 am
Vatox
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Also includes RSP savings.

August 14, 2018
8:25 pm
Save2Retire@55
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Why these losers have never sent me any of these promotions? Lol! I am keeping the money in EQ 2.3% with dignity!

August 14, 2018
11:43 pm
Vatox
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Save2Retire@55 said
Why these losers have never sent me any of these promotions? Lol! I am keeping the money in EQ 2.3% with dignity!  

Most of the time I also leave my money at EQ. But this time it's more than just 3 or 4 months. Last time I activated the promo and moved very little over. I think they understood and offered me much longer. I can't be bothered moving money that often.

I'm wondering why they just don't make the savings account a regular higher rate? Surely they know money will leave after the promo ends. I'm certainly not leaving it in for the regular 1.25%.

August 15, 2018
8:10 am
Rick
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Save2Retire@55 said
Why these losers have never sent me any of these promotions? Lol! I am keeping the money in EQ 2.3% with dignity!  

LOL!!! Me neither. Last offer was the winter 2017.

August 15, 2018
10:34 am
gicjunkie
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Save2Retire@55 said
Why these losers have never sent me any of these promotions? Lol! I am keeping the money in EQ 2.3% with dignity!  

I respect your feelings about this and would follow suit, if they only had joint accounts available.

Hubert Financial in Manitoba does have joint accounts and is currently also at 2.35% for savings accounts. I've been dealing with them for years with no issues and my dignity intact.

August 15, 2018
11:28 am
Loonie
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And don't forget the transfer-out fee if you choose the TFSA/RSP option.

August 15, 2018
5:14 pm
gicjunkie
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Loonie said
And don't forget the transfer-out fee if you choose the TFSA/RSP option.  

I have used 2 other financial institutions for TFSAs prior to now using Hubert. What I have been doing is closing my account in December, opening a new account , at another FI in January. I then invest short term, to have any money either in high interest savings accounts (funds always available) or short term GICs, always maturing in December. I consider this money a kind of emergency fund, more readily accessible than my other investments.

If I decide to change FI, I again cash out the TFSA in December, close the account and move the accumulated money myself to a new FI in January. No fees involved. No penalties either. I know I am sacrificing higher interest rates on longer terms for short term gain, but I want the money to be available if I need it. Now that there is more money in my TFSA I actually may start laddering the GICs in order to take more advantage of some higher rates. Just my way of coping with the rules.

August 15, 2018
10:47 pm
Vatox
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gicjunkie said

I have used 2 other financial institutions for TFSAs prior to now using Hubert. What I have been doing is closing my account in December, opening a new account , at another FI in January. I then invest short term, to have any money either in high interest savings accounts (funds always available) or short term GICs, always maturing in December. I consider this money a kind of emergency fund, more readily accessible than my other investments.

If I decide to change FI, I again cash out the TFSA in December, close the account and move the accumulated money myself to a new FI in January. No fees involved. No penalties either. I know I am sacrificing higher interest rates on longer terms for short term gain, but I want the money to be available if I need it. Now that there is more money in my TFSA I actually may start laddering the GICs in order to take more advantage of some higher rates. Just my way of coping with the rules.  

Yes, I too use the December/January combination to avoid fees. I don't bother closing accounts though, as I may use them again. I just leave 5$ or something in them and deposit or withdraw small amounts once a year, to avoid inactivity penalties.

November 13, 2018
1:05 pm
GR
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A phone call to Tangerine marketing department this month (Nov 2018) might result in a promo offer of 3.25% p.a. on a 1 year GIC (instead of posted rate of 3.1%).

November 13, 2018
7:09 pm
hotmony
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will confirm gr thks for update

November 13, 2018
7:14 pm
tbone
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Spoke to Tangerine marketing last week Thursday, and asked if they could match Meridian offer of 3.15% for HISA. I have under mid 6 figures with them. They said they could bump me up to 3% from 2.5%, but they would call me back today (Tuesday) to see if 3.15 could be an option. At 8 pm tonight the phone ringssf-smile, they tell me that the best they can do is 3%. I replied back, I appreciate the bump from 2.5 to 3.0, but was really hoping that you could match the 3.15 that Meridian is offering. I thanked them and just before I was ready to say goodbye, he asked me, so you mentioned last week that you had a new account set up at Simpli? No, I have a new account set up at Meridian, but I haven't moved any monies into the account. He says back, Let me put you on hold for one minute. One minute later he come back and said he spoke to an executive and then proceeds to extend an offer of 3.15% for 4 months. Thank You Tangerine. I'm a happy camper now. sf-smile

November 14, 2018
9:24 am
HIS285
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I’ve been on the 2.5% offer for new deposit since last January.

After reading what people were able to get, I decided yesterday to ask for a better rate. Through chat, I said that Simplii was offering 3.15% and would like to get the same. I was asked if I was thinking of moving my money, and I said that I was.

After a bit of waiting, I was offered 3.15% for 4 months starting within a few business days.

(Most likely irrelevant: the interaction happened in French.)

Thanks to this site and all the commenters on here.

November 14, 2018
1:34 pm
Twotons
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I'm not using Tang. but I had a few minutes to kill so I contacted them via chat about the 3.15% rate. I don't have funds in Tang. (nil balance savings account) but I was offered the 3.15% rate if I deposited a minimum $80,000.

November 16, 2018
7:17 am
Parsimonious
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Linked my Simplii account to Tang as an external account then called Tang to inform them of my intent to move money to Simplii. After a brief GIC sales pitch from Tang, a 3.15% for 120 promo days was offered.

Good Luck to all.

November 17, 2018
8:43 am
moneyhelp
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Need Feedback!

I am currently on the 2.5% until end of November promo. I tend to always play the game (move $ out, wait for offer, move $ back in) and have luckily always been offered a promo rate.

I was still planning on doing the same now, however, after reading some comments and in other threads, I'm wondering if it would be best to contact them NOW and mention my willingness to move my $ out to Simplii for the new 3.15% rate or if I should wait until the end of the month as usual and do what I've always done by move $ out, wait for promo rate offer, then move $ back in.

Thoughts?

November 17, 2018
8:59 am
MG
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I say call them now. Higher interest sooner is best. Worked for me.
Good luck! sf-wink

November 17, 2018
9:13 am
Cents11111
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I was on the same 2.5% deal with Tang until the end of November. When simplii announced their 3.15% offer I decided to move my money to Hubert at same 2.5% (use Hubert as a hub) and at the same time contacted Simplii to get their 3.15% rate. Ended up talking to Simplii 3 times over 2 weeks being told that both my wife and I were enrolled, but since there is never any indication of a rate on simplii site I wanted the confirmation email from them. I still haven't received a confirmation email (changed my normal email address to a gmail address as they thought Telus might be flagging it as spam and automatically deleted it.)
Got p$ssed about this and decided to phone Tang. Told them I was willing to move our money back from Hubert for the same 3.15% as simplii was offering. Cust rep talked to his manager and after maybe 5 mins came back and said they would do it but the wanted the money right away. So I pulled it back from Hubert and confirmed the 3.15 is on our accounts for 4 months. So why not call them and get the better rate now?

November 17, 2018
9:51 am
hotmony
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GR said
A phone call to Tangerine marketing department this month (Nov 2018) might result in a promo offer of 3.25% p.a. on a 1 year GIC (instead of posted rate of 3.1%).  

Confirmed

November 19, 2018
9:30 am
moneyhelp
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Cents11111 said
I was on the same 2.5% deal with Tang until the end of November. When simplii announced their 3.15% offer I decided to move my money to Hubert at same 2.5% (use Hubert as a hub) and at the same time contacted Simplii to get their 3.15% rate. Ended up talking to Simplii 3 times over 2 weeks being told that both my wife and I were enrolled, but since there is never any indication of a rate on simplii site I wanted the confirmation email from them. I still haven't received a confirmation email (changed my normal email address to a gmail address as they thought Telus might be flagging it as spam and automatically deleted it.)
Got p$ssed about this and decided to phone Tang. Told them I was willing to move our money back from Hubert for the same 3.15% as simplii was offering. Cust rep talked to his manager and after maybe 5 mins came back and said they would do it but the wanted the money right away. So I pulled it back from Hubert and confirmed the 3.15 is on our accounts for 4 months. So why not call them and get the better rate now?  

I was planning on moving my $ out to Hubert since they offer the same rate as I'm getting right now and wait to see if Tangerine would offer the same or better than 2.5%.

I guess my question is, is it best to call or simply chat online? I'm prefer the latter, but if some think its best to call instead, I may just do that. Thoughts?

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