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Email this4:07 pm
December 1, 2016
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I received a Tangerine email promotional offer of 4.50% that runs from October 1st, 2024 to February 28th, 2025 today and states that this rate will apply to new money you brought into the account since July 4, 2024.
I had moved all my funds from Tangerine this week to Achieva since my current Tangerine promo rate was ending at the end of this month, so now I have to send it back since Achieva rate is 3.25% but I'll have to wait out the holding period before I can send it back to Tangerine.
12:41 am
June 15, 2016
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moneyhelp said
I received a Tangerine email promotional offer of 4.50% that runs from October 1st, 2024 to February 28th, 2025 today and states that this rate will apply to new money you brought into the account since July 4, 2024.I had moved all my funds from Tangerine this week to Achieva since my current Tangerine promo rate was ending at the end of this month, so now I have to send it back since Achieva rate is 3.25% but I'll have to wait out the holding period before I can send it back to Tangerine.
I also got the extension. My extension rate is higher than yours at 5.25%, but duration is shorter than yours ( mine is only for 3 months)
I had the 5.75% new deposit offer from May, 2024 to September 30, 2024. Offer was expiring in a few days.
Got an email yesterday extending the offer from October 1, 2024 to December 31, 2024.
But now the extension is for 5.25% instead of 5.75%.
BOC rates have gone down, so not surprised Tangerine is reducing it's offers too. Good I got the offer, otherwise I was planning to move all the money out on September 30.
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XXXXXX, on October 2, 2024, we’ll send an email with details about activating this new Savings offer.
Here’s what else you need to know:
You’ll earn 5.25%* interest from October 1, 2024 until December 31, 2024
This will apply to existing and new Tangerine Savings Account(s), including RSP, TFSA and US$
This will apply to the new money you brought to your Account(s) since May 7, 2024
Remember to activate your special rate and keep your new deposits in place to make the most of your offer.
3:40 pm
December 1, 2016
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So that's interesting, this makes me wonder, would it be better to have a rate of 4.50% for 5 months or 5.25% for 3 months?
Clearly the 3 month promo offers a better rate, however, if you leave it at 4.50% you don't have to go through the hassle of moving money to another FI. If you know you'd get another promo rate after the 3 months, then sure the 3 month rate could be better, but alas, we don't know this.
4:09 pm
April 21, 2022
Online
moneyhelp said
So that's interesting, this makes me wonder, would it be better to have a rate of 4.50% for 5 months or 5.25% for 3 months?Clearly the 3 month promo offers a better rate, however, if you leave it at 4.50% you don't have to go through the hassle of moving money to another FI. If you know you'd get another promo rate after the 3 months, then sure the 3 month rate could be better, but alas, we don't know this.
I think that's what Tangerine is counting on.
5:53 am
December 1, 2016
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So, this is interesting. The email that was sent to me at end of September about the offer I mentioned, now when I log into my account with the activation link, the rate changed to the 5.25% for 3 months and only applies to "new" money.
I did not click on the activate button, rather, I called Tangerine, spoke with an agent letting them know about the discrepancy in rate and T&C about "new"money, since the 4.50% offer for 5 months was for money that was in the account since July 4, 2024 (this was key), as I had transferred funds this past week from Achieva back to Tangerine.
They placed me on hold for 5 min and then the agent simply reiterated the 5.25% promo rate (there was a bit of a language barrier) and that the funds I transferred in (the ones still currently on hold) would qualify for the promo rate. I asked them if they can honour the lower rate for 5 months instead. They said they can only offer the 5.25% offer since that is what is showing in their system, however, they also said they can provide feedback to the marketing team that in future promo rates that would be offered to me would be for longer period of time (likely at a lower rate).
Again, sure the 5.25% rate is better, but I'd rather have the 4.25% rate for longer and not have to go through all this (money transfers) again in 3 months, that's just me.
11:03 am
January 16, 2017
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rfdm4g4g9 said
------
XXXXXX, on October 2, 2024, we’ll send an email with details about activating this new Savings offer.
Here’s what else you need to know:You’ll earn 5.25%* interest from October 1, 2024 until December 31, 2024
This will apply to existing and new Tangerine Savings Account(s), including RSP, TFSA and US$
This will apply to the new money you brought to your Account(s) since May 7, 2024
Remember to activate your special rate and keep your new deposits in place to make the most of your offer.
Did anybody who received the first email receive the second one ?
1:34 pm
December 1, 2016
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AlainJF said
Did anybody who received the first email receive the second one ?
I only received one email but when logging into my account, under insights it showed the 2nd rate promo instead.
4:09 pm
April 15, 2023
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Only received the 1st email back on Sept 26 - 5.25% to 12/31 and since then nothing else. Nothing in my Insights either.
Just been told by a CSR that they're having an issue with the 2nd emails, which they anticipate will be fixed by tomorrow (FWIW).
10:37 pm
October 4, 2018
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RM485 said
Only received the 1st email back on Sept 26 - 5.25% to 12/31 and since then nothing else. Nothing in my Insights either.Just been told by a CSR that they're having an issue with the 2nd emails, which they anticipate will be fixed by tomorrow (FWIW).
I'm in the same boat as you. I just received the first email and was under the impression that I would have received the second email today on Wednesday October 2, 2024. But nada. Thanks for the heads up regarding that Tangerine is having technical difficulties or what have you with the second email.
9:43 am
October 4, 2018
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I never received the second email from Tangerine but I just saw this in my Insights when I logged into Tangerine, "Activate a special 5.25%* Savings rate here to help you save more!" I think I'm going to pass on this promotional offer and move my funds to Simplii Financial for the 5.5% promotional offer until November 15th. Then after that I will move my funds to Motive Financial for the 5.75% promotional offer for 120 days.
I'm hoping if I don't accept this 5.25% Tangerine promotional extension they will offer me something down the line. Any thoughts?
12:49 pm
December 1, 2016
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Top Dogg said
I never received the second email from Tangerine but I just saw this in my Insights when I logged into Tangerine, "Activate a special 5.25%* Savings rate here to help you save more!" I think I'm going to pass on this promotional offer and move my funds to Simplii Financial for the 5.5% promotional offer until November 15th. Then after that I will move my funds to Motive Financial for the 5.75% promotional offer for 120 days.I'm hoping if I don't accept this 5.25% Tangerine promotional extension they will offer me something down the line. Any thoughts?
Yea I wouldn't accept it, not sure how the Tangerine "Algorithm/system" works, but thinking if you accept too many, maybe you reach a threshold before they can offer a new one to members, I dunno.
7:25 pm
October 4, 2018
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moneyhelp said
Yea I wouldn't accept it, not sure how the Tangerine "Algorithm/system" works, but thinking if you accept too many, maybe you reach a threshold before they can offer a new one to members, I dunno.
Hi,
Thanks for the reply. Yea I was thinking along the same lines as you. I moved my funds out of Tangerine and into Simplii Financial today for the 5.5% promotional offer until November 15th. I'm gonna call Motive Financial tomorrow to see if I qualify for the $100 E-Gift Card for referring a friend until October 31st. If I qualify for that then I'll proceed to move my funds from Simplii Financial to Motive Financial before the end of October.
Thanks again,
TD
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