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Tangerine 5.75% till 2024 Sep 30
May 7, 2024
8:43 pm
LazyWays
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Received email:

Earn your 5.75% interest rate*:
Until September 30, 2024
On new deposits to your eligible Tangerine Savings Account(s), including RSP, TFSA and US$
Up to $1,000,000 per eligible Account type

* The Tangerine Savings Interest Offer of 5.75% (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. The 5.75% Promotional Interest Rate (the "Promotional Interest Rate") is only available on Eligible Deposits made between May 7, 2024 and September 30, 2024 of up to $1,000,000 per Applicable Account Type (in the currency of the Applicable Account). However, deposits made into registered Applicable Accounts through a T2033 form will not begin to earn the Promotional Interest Rate until the funds are actually received by Tangerine, and will earn interest at the applicable Posted Rate before then. The Promotional Interest Rate is an annualized rate, calculated daily and paid monthly. This Offer can't be combined with any other offers. This Offer, including interest rates, may change, be extended or cancelled without notice.

May 7, 2024
9:10 pm
moneyhelp
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Damn! I guess this time I won't be offered a new promo rate. I emptied out my accounts at Tangerine and sent everything over to Achieva, but I'm still waiting for the possibility.

5.75% sounds great!

May 7, 2024
11:15 pm
HermanH
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LazyWays said
only available on Eligible Deposits made between May 7, 2024 and September 30, 2024

Looks like anyone who left their deposits sit at Tang are going to get shafted.

May 8, 2024
12:31 am
cgouimet
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moneyhelp said
Damn! I guess this time I won't be offered a new promo rate. I emptied out my accounts at Tangerine and sent everything over to Achieva, but I'm still waiting for the possibility.

5.75% sounds great!  

My spouse was on 5.0% until Mar 31.

I'm on 5.5% thru Jun 30.

So, our $ are currently on my 5.5%.

My spouse just received and accepted the 5.75% thru Sep 30.

So, our $ are moving ...

CGO
May 8, 2024
12:20 pm
teacherbho
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I was offered the same rate but only until July 31. I was told it was an extension of the 6% offer I had. The challenge was that the 5.75% was based on the starting balance from December 4, 2023. My balance was much higher then, in December, so this 5.75% wouldn't work for me. The person I spoke to at Tangerine said to wait a couple months and see if a better offer comes along.

May 8, 2024
12:24 pm
moneyhelp
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How long until Tangerine typically takes to make that offer? or am I now looking at next month or even next round (5 months from now)?

May 8, 2024
12:49 pm
davidgeorge
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I got the 5.5% rate offer until September 30, 2024.

May 8, 2024
1:33 pm
iotama
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I emptied my Tang accounts on Apr 30, despite getting the upcoming 5.5% offer (till Jul 31). I did not activate it. Because I had a similar one at competition. It would've been easier to just keep funds at Tang. But I wanted to send a signal that I don't appreciate these games and competition does exist.

Lo and behold, I now got the 5.75% till Sep 30th.

Question is, do I activate this one or will there be a 6% sooner or later? sf-wink

May 8, 2024
1:52 pm
RYAN
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I only had $3k available moved to my Tangerine today.

May 8, 2024
2:16 pm
Moneyman2
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This is what I see on their site. 5.75% for new clients. Yours must be targeted. I'm in at 5.50% because I can't add anymore to my 6% Duca since I'm at the limit. GL

May 8, 2024
2:20 pm
Moneyman2
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Don't know where my attachment went. Try it this way. Anyways, found under rates on the left side

https://www.tangerine.ca/en/offers/save-faster

May 8, 2024
2:59 pm
cgouimet
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Moneyman2 said
This is what I see on their site. 5.75% for new clients. Yours must be targeted. I'm in at 5.50% because I can't add anymore to my 6% Duca since I'm at the limit. GL  

We're a very OLD, pre TNG, client offered that same 5.75%.

CGO
May 8, 2024
6:59 pm
InterestThis
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Just when you thought things were going the other way.

May 9, 2024
8:13 pm
moneyhelp
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Moneyman2 said
Don't know where my attachment went. Try it this way. Anyways, found under rates on the left side

https://www.tangerine.ca/en/offers/save-faster  

The 5.75% is only offered to new customers, not new money, unfortunately.

I still haven't received any offers for promo rates this round, bummer, I've had a good run with getting decent rates.

Although I've emptied my accounts at Tangerine (over to Achieva), but I'm wondering if it's worth calling Tangerine and ask for a better rate than Achieva's current 3.60%. I won't bother moving $ back unless it's at least 4%+, but nothing to lose so...

May 11, 2024
9:03 am
Norman1
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One can do better than 3.60% with a cashable variable rate GIC if one banks at Bank of Montreal, Canadian Western Bank, CIBC, or RBC Royal Bank:

4.75% ($5,000 min.) RBC Prime-Linked Cashable one-year GIC
4.60% ($1,000 min.) Canadian Western Bank floating rate redeemable GIC
4.50% ($1,000 min.) CIBC Variable Rate GIC
4.25% ($5,000 min.) BMO Variable Rate GIC

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