Tangerine - January 2020 Offer | Page 2 | Tangerine Bank | Discussion forum

No offer for me or my SO, will transfer out for Simplii 2.8% which is until April 30

Aww. This January offer is so much better than my December offer. I would have liked to have US$ account with the December offer. When my 3% USD GIC matures in a few days, it will be moving away from Tangerine too. ATM, I don't even qualify for my December offer as Tangerine's doesn't compare some other offers.

My current promo expires end of January.. Would love a new offer..

What a nuisance, this bank! After jumping through hoops to open a US$ account last summer when they promised that the 6 month rate will start when the money is in, it started the moment the account was opened. Then I had trouble with login, but tech support cannot be contacted directly - it must get a report from a rep first then wait up to 2 weeks. I signed up for email notices of promos - nothing! Promos after login only I was told. I finally manage to login - no promos! I never transferred any cash and I guess it will remain at $0...Too bad $US rates are so bad even in the US...

Joe said

Wrong...I only seem to get half of them, or every second one, so when that happens I move my money out to LB or Meridian or Manulife or whoever has a great offer. I never go crying for a retainer rate. It's called playing the game ,Have been playing it for over 5 years, and usually has to be done every 6 months or so.Moving money in/out of Tangerine takes less time then coming on this forum and whining about it.  

Still, calling Tangerine the best bank in Canada is cringeworthy. Especially on a high interest savings account forum.

I received no offer this time, but my wife received the offer posted below. Needless to say our monies are with Motive since it is 2.8% without strings attached....plus a little higher rate.

* The offer outlined here is valid from February 1, 2020 to June 30, 2020 (the “Promotion Period”) and is only available to Eligible Clients who receive this communication directly from Tangerine and/or receive a similar notification that they’re eligible when they log in on the Tangerine website. This rate offer is only available to Eligible Clients on combined balances of $50,000 or more in their eligible non-registered Tangerine Savings Account(s) (“Applicable Accounts”) to a maximum balance of $1,000,000 in all Applicable Accounts combined (“Eligible Balances”) during the Promotion Period. Promotional Interest rate of 2.75% per annum will apply to Eligible Balances and be calculated daily at close of business (ET) during the Promotion Period and paid monthly (in two separate interest payments). Combined balances in the Applicable Accounts below $50,000 and combined balances in the Applicable Accounts above $1,000,000 will earn interest at the then current Posted Rate, which can be viewed here. Can’t be combined with any other promotional rate offers for non-registered Savings Accounts. Offer may change or be cancelled without notice.

LeBronBMT said

Still, calling Tangerine the best bank in Canada is cringeworthy. Especially on a high interest savings account forum.  

I agree, but I will say the one thing Tangerine does have better than even the large 5 banks is the UI in their online banking and mobile apps. Far superior with respect to aesthetics and intuitiveness. I say that with a large respect, because I work in IT and I always look at that; and although I would agree that's the least important aspect compared to rates, features, options, etc., but I do believe that is a VERY important part of it...you can see they have invested largely in tech, I just wish they would invest in customer's loyalty with better sustainable rates...just needed to add that.