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Targeted 6% HISA offer YMMV
September 7, 2023
6:11 pm
HermanH
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cgouimet said
I don't know why Herman is wanting to close it.

I have two reasons for closing my promotional offer.

1) This is my way of expressing my discontent and returning their contempt towards me. They refused to extend the Same Household offer for 6% to me. I want to be certain that I do not park any funds there, even if only in transit. It is my 'middle finger' back to Tang.

2) In the past, I think I received the 5.5% offer because I prematurely closed a promo offer. I think that I was on the 5% offer and was refused any upgrade to 5.25% or 5.5%. IIRC, they kept extending the low offer without any increase. I had no money with them, anyway. So I demanded they close the offer. It 'may' have triggered the subsequent 5.5% offer.

One CSR suggested that no promo offer would be given if there were no funds in my accounts. So, I left $0.01 in the balance.

September 7, 2023
6:46 pm
victor6433
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September 7, 2023
8:05 pm
COIN
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HermanH said

cgouimet said
I don't know why Herman is wanting to close it.

I have two reasons for closing my promotional offer.

1) This is my way of expressing my discontent and returning their contempt towards me. They refused to extend the Same Household offer for 6% to me. I want to be certain that I do not park any funds there, even if only in transit. It is my 'middle finger' back to Tang.

2) In the past, I think I received the 5.5% offer because I prematurely closed a promo offer. I think that I was on the 5% offer and was refused any upgrade to 5.25% or 5.5%. IIRC, they kept extending the low offer without any increase. I had no money with them, anyway. So I demanded they close the offer. It 'may' have triggered the subsequent 5.5% offer.

One CSR suggested that no promo offer would be given if there were no funds in my accounts. So, I left $0.01 in the balance.  

A couple of questions.

1) How does one "close" an offer?

2) Has anybody ever received a promo offer if they had no funds in either their chequing or savings account?

September 8, 2023
12:17 am
HermanH
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COIN said

A couple of questions.

1) How does one "close" an offer?

2) Has anybody ever received a promo offer if they had no funds in either their chequing or savings account?  

Previously, I called Tang to get the CSR to send an e-mail request to their back-office and it was done. I checked tonight, but the current request was not done. CSR said to check back tomorrow, in case it was still in process. No notes were added to the request, so it wasn't closed.

I have received promo offer without any cash present, but they seem to be fewer and farther in-between.

September 8, 2023
3:59 am
cgouimet
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COIN said

Has anybody ever received a promo offer if they had no funds in either their chequing or savings account?  

I keep $1 in each account. Every Jan, I rotate $1 through all accounts to establish activity, i.e. no dormancy.

CGO
September 8, 2023
4:50 am
savemoresaveoften
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HermanH said

Previously, I called Tang to get the CSR to send an e-mail request to their back-office and it was done. I checked tonight, but the current request was not done. CSR said to check back tomorrow, in case it was still in process. No notes were added to the request, so it wasn't closed.

I have received promo offer without any cash present, but they seem to be fewer and farther in-between.  

Last time I was told by CSR their system does not allow them to remove an live promo from the account once accepted…

September 8, 2023
7:37 am
COIN
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savemoresaveoften said

Last time I was told by CSR their system does not allow them to remove an live promo from the account once accepted…  

That was my impression as well. I am currently on a promo that will expire in November. So, it would seem unlikely I will receive another promo while the current one is still "alive".

I think some people actually pass up a promo hoping to get a better one a bit later.

September 11, 2023
6:41 pm
randy
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please enlighten me, how exactly does someone become "invited" to their interest rate promos? -randy

September 11, 2023
9:55 pm
HermanH
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savemoresaveoften said

Last time I was told by CSR their system does not allow them to remove an live promo from the account once accepted…  

I just got it done and confirmed. My 5.5% promo is no more. CSR saw the request and the attached note asking for its termination.

September 12, 2023
1:10 am
cgouimet
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randy said
please enlighten me, how exactly does someone become "invited" to their interest rate promos? -randy  

If you have been following the Tangerine discussions here since joining this group in 2012, you already know the answer to that question: there is an internal to Tangerine selection process that no one has figured how to influence.

Except, there have been suggestions that your odds might improve some if you dream of doing the chicken dance while sleeping on your back with your head aimed at the S and your feet toward the NE and NW in a room between 24 and 25C.

sf-laughsf-laughsf-laugh

CGO
September 12, 2023
6:49 am
COIN
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HermanH said
I just got it done and confirmed. My 5.5% promo is no more. CSR saw the request and the attached note asking for its termination.  

Interesting. I think you wanted to close the old promo so you would be eligible for a new and (maybe) better promo?

September 12, 2023
7:48 am
cgouimet
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COIN said

Interesting. I think you wanted to close the old promo so you would be eligible for a new and (maybe) better promo?  

Hopefully, it won't be interpreted as never never wanting to receive any promo!

CGO
September 12, 2023
10:22 am
HermanH
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COIN said

Interesting. I think you wanted to close the old promo so you would be eligible for a new and (maybe) better promo?  

That was one of the reasons.

September 12, 2023
11:16 am
COIN
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HermanH said
That was one of the reasons.  

Good luck. Hope they don't put a "black mark" on your account. You are a brave customer.

September 13, 2023
3:12 pm
victor6433
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COIN said

Good luck. Hope they don't put a "black mark" on your account. You are a brave customer.  

He will be black listed till 2043 lol... Thats crazy..
He cried that he got stuck at 5.5% till Nov or Dec.
Money is the rude of all people "greed... Goodluck now

September 13, 2023
3:43 pm
victor6433
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I'm out now now till 2024.
Goodluck Herman.. Risky 4 a few extra dollars a month.. I can't wrap my head around this..
I was so happy when Tangerine gave me a promotion rate at 1.5% even better at 2.3%.. I appreciated it all.. Happy new year till then..

November 28, 2023
4:05 am
bhuc
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A couple of weeks back Tang reduced their HISA interest rate from 1% to 0.8%
Today I noticed that the HISA rate is now 0.7%

MY promo rate is still 6% until Jan 32-2024 .

I will definitely be moving my $'s out when the promo is over !

November 28, 2023
4:27 am
cgouimet
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bhuc said
A couple of weeks back Tang reduced their HISA interest rate from 1% to 0.8%
Today I noticed that the HISA rate is now 0.7%

MY promo rate is still 6% until Jan 32-2024 .

I will definitely be moving my $'s out when the promo is over !  

Whether the base rate is 1% or .5%, a lot of $ will be moving out if no extensions offered ...

CGO
November 28, 2023
5:03 am
RetirEd
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Sooo.. did the Base+Bonus rate total fall with the drop in the base rate, or did the bonus increase to keep the total constant?

This is important. They've been dicks about this in the past!

RetirEd

November 28, 2023
5:19 am
cgouimet
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RetirEd said
Sooo.. did the Base+Bonus rate total fall with the drop in the base rate, or did the bonus increase to keep the total constant?

This is important. They've been dicks about this in the past!  

No worries. Total Rate remains. So lower base, higher bonus ...

Screenshot-2023-11-28-at-08-14-31-Savings-Account-Details-Tangerine.png

CGO
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