Tangerine Promotional Interest Rate Offer | Tangerine Bank | Discussion forum

Top Dogg said
Hi,

Is anyone else currently on the 4.25% Tangerine promotional interest rate offer which runs out after today (Friday July 31, 2026)? I'm just wondering if anyone has gotten an extension to this offer or have any other suggested promotional interest rate offers similar to this one at other Financial Institutions? Also, should I move my funds out to my Tangerine Chequing Account before the end of the day in hopes of received another promotional interest rate offer from Tangerine?

Thanks,
TD  

No extension, had there been one we would have known about it. It's been a long time since they've done extensions. The typical pattern when a Tangerine promo ends is that you'll typically get another offer after a lull of a month, so September. I would wait until tomorrow, then move your funds into the chequing account, might as well squeeze another day out of the promotional interest. Snapshots don't typically occur until at least a few days into the month.

My 4.25% is also ending today 31Jul.
But I can see that I am moving to the tiered savings rate as of 1Aug2026 till 31Jan2027
Is someone on this new tiered promo? So if I have 105k in the account do I get 3% on the whole 105k?

I have not had a promotional rate from Tangerine since September 2025. My strategy was to always take my money out a few days before (in $25,000 increments, the maximum allowed by Tangerine) the promo period ended. Sometimes I got a new offer a few days later but the last few times it was between 7 and 14 days. Now I just park my money with Wealth One Bank of Canada and get the best non-promo rate of 3% (I have balances >$25,000) and pay no fees. Just note that when you deposit money with W1, it can take up to 7 business days for the money to be released. In my experience it usually is around 4 business days. Withdrawing money from W1 (pushing from W1) usually takes 1 to 2 business days for it to be deposited into another bank (e.g. Simplii Financial).

My Tangerine promo is 4.00% till August 31, 2026. Just before it ends, I'll be moving my funds elsewhere. In all years with Tangerine I only had it once when new promo was offered for existent funds.
Also, at least once Tangerine counted funds in Chequing account in totals for "old money."
For these reasons I do empty all my Tangerine non registered accounts just before promo ends.

Top Dogg said
I noticed today that Tangerine is now giving me 2.50% on my Savings Account.

Take a look at zgic's post up-thread: https://www.highinterestsaving.....r/#p114221

It is possible you were placed on the same Savings Tiered Rate Offer. I was notified by email that this same offer would be applied to my savings accounts. I received a "Coming soon" email notice on July 16 and a "Now live" email notice today (Aug 1).

Top Dogg said

Hi,

Thanks for the reply. I received the same email as well. I guess this is Tangerine's new way of doing business? So maybe they're eliminating the promotional interest rate offers all-together and going with this new 'Tiered' approach which is based on the amount of funds you have in your Tangerine Savings Account.  

No, like Monopoly you have the pleasure of being sentenced and banished for a predetermined amount of time. "Go directly to Jail. Do not pass Go. Do not collect $200" . Once your sentence has been served you'll be eligible for the Tangerine Lottery once more. In the meantime you'll get the lower tiered rates.