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Tangerine Acc't Lock
March 23, 2017
12:15 am
Forum Posts: 65
Member Since:
April 9, 2013
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From a previous topic:

monju00 said
I have been transferring out all my funds to EQ! I had received all the top rates so far (3% Jun206, 3% Apr 2016, 3.25% July 2016, 3% Oct 2016, 3.25% Jan 2017). However, Last time they locked my account for using pull method to transfer out all my money (3 different transfer approximately 280k. I think you can only transfer out 30k or 25k Daily from Tangerine (push method). I waited 30 minutes on the phone to get it unlocked. The rap told me they blocked it because of pull transfer and I should call ahead next time (guessing for retention offer). Long story short, Jan 5th I have received a 3.25% offer! I am not planning to call them and I am gonna transfer it out again!  

Anyone know much about monju00? I tried contacting them to get clarification regarding Tang "locking" their acc't in order to prevent them from pulling funds out, but got no response.

I've never heard of any FI's locking out an individual acc't. Furthermore, their claim of having been targeted with every single hi-rate promo since 2015 seems rather farfetched. Is this person for real, are they grandstanding for effect or do we have a mole in our midst?

March 23, 2017
1:53 am
Forum Posts: 22
Member Since:
September 9, 2016
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When FI's see irregular movement of money, they might lock your account.
Could be just that they've move enough money that Tang freaked out.

I don't see why it's not possible to be targeted for every promo. since their algorithm doesn't change, it's possible that they just happen to fit the criteria every time.

March 23, 2017
6:45 pm
Forum Posts: 215
Member Since:
February 18, 2016
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I have in writing (chat transcript) that I can pull my $ from Tang (initiating transfer from Another FI) no matter amount.
Tang has a limit of 50K if you do a push yourself and if you want more, then you have to chat/call and they would go above limit for you.

March 24, 2017
3:45 am
Ontario, Canada
Forum Posts: 155
Member Since:
April 7, 2016
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I pulled 95k from Tangerine to Alterna and it was in the Alterna account the next day.

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