hwyc said
Tier rates apply to eligible savings account from MA01 until OC31, 2026

Rate Total Daily Balance
2.75% $0-$49,999
3.00% $50,000-$99,999
3.25% $100,000-$499,999
3.50% $500,000+

We’ll calculate your total balances across all your eligible savings, chequing, and *investment accounts ACB* and apply your tiered rate to your existing eligible registered and non-registered savings account(s) on a daily basis, and paid monthly

Finally my 1st time … lucky me!  

And a one time maneuver to leapfrog the total balances ...

My original intention was to reduce market exposure. I switched my RSP investments in from the Balanced Portfolio to Balanced Income Portfolio. Lo & behold, the *gain* from the old become the *cost* of the new!

As a result, I am also closer to cross the next tier threshold

cgouimet said

Interesting. I have a low ball tier that runs thru Sep. My wife a much much better one thru Dec. Neither was optional.  

I suppose it's no skin off their back to offer the option to decline, doesn't mean much if they can turn around and arbitrarily apply it to an account on a whim - what are you going to do about it.

LK said

Good point - I should have said "applied". That said, I had called before my promo expired and was told to call back after it expired. I did so and was told of the tiered rates. At that point it becomes my choice ... it does mean that I'm unlikely to receive any other Tang promo until sometime in 2027.  

Interesting. I have a low ball tier that runs thru Sep. My wife a much much better one thru Dec. Neither was optional.

cgouimet said

Offered? You could opt out?  

Good point - I should have said "applied". That said, I had called before my promo expired and was told to call back after it expired. I did so and was told of the tiered rates. At that point it becomes my choice ... it does mean that I'm unlikely to receive any other Tang promo until sometime in 2027.

COIN said

~ 500k+, 3.5%
Do you get the 3.5% on the full $500,000 or only on the excess above $500,000?  

Your eligible savings account(s) will earn a tiered savings rate based on the total balances across your eligible Tangerine accounts.* Now you can sit back and watch your interest roll in, or add money to your eligible accounts to reach a higher tier.

How you’ll get ahead with Tangerine Tiered Savings Rates:

• Earn interest with a savings rate that gets higher as your eligible account balances grow.

• Keep working towards your goals while getting extra interest on your savings.

Earn a savings rate based on your total daily balance*

$0 to $49,999 | 2.00%

$50,000 to $99,999 | 2.50%

$100,000 to $499,999 | 3.00%

$500,000 and above | 3.50%

Once you've reached the next tier, your full eligible savings balance will earn that tier's rate. The applicable tiered rates will continue to apply to the entire balance of your savings account(s) until December 31, 2026.

How is my tiered rate calculated?

We determine your tiered savings rate based on your total daily balance, which is the sum of:

• The combined daily closing balances in your Tangerine Savings Accounts, TFSA Savings Accounts, RSP Savings Accounts, RIF Savings Accounts, and US$ Savings Accounts (the USD balance will be converted to CAD at par for the purposes of Total Balance calculation), plus;

• Your combined GIC Account balances, including Tangerine GIC Accounts, US$ GIC Accounts, TFSA GIC Accounts, RSP GIC Accounts, and RIF GIC Accounts, plus;

• The total combined closing book values (also known as the adjusted cost base) of your non-registered Tangerine Investment Fund Accounts, Tax-Free Investment Fund Accounts, RSP Investment Fund Accounts and RIF Investment Fund Accounts, plus;

• The daily closing balance in your Tangerine Chequing Account.

Keep in mind that when we add all these up, we’re only including accounts where you’re the primary account holder.

Which savings accounts do I earn my tiered rate in?

Your rate applies to your non-registered Savings Accounts, Tax-Free Savings Accounts, RSP Savings Accounts, RIF Savings Accounts, and USD Savings Accounts.

Your tiered rate won’t apply to GIC Accounts, Investment Fund Accounts, Children’s Savings Accounts, or Small Business Accounts.

What happens if I’m already on a promotional savings rate?

If you’re on another savings promo right now, Tangerine Tiered Savings Rates won’t kick in until that one ends.

LK said
4.25% expired June 30/26. Called today and was offered tiered rate until Dec 31/26.
~ up to 50k, 2%
~ 50-99k, 2.5%
~ 100-499k, 3%
~ 500k+, 3.5%  

Offered? You could opt out?

LK said
4.25% expired June 30/26. Called today and was offered tiered rate until Dec 31/26.
~ up to 50k, 2%
~ 50-99k, 2.5%
~ 100-499k, 3%
~ 500k+, 3.5%  

~ 500k+, 3.5%
Do you get the 3.5% on the full $500,000 or only on the excess above $500,000?

Interesting thing is all accounts' balances, including GICs, are counted for purposes of the thresholds. So because I already have a $100K GIC with Tangerine any additional dollar in my savings accounts gets the 3% rate.

bhuc said
My savings acct promo interest rate of 4.25% just ended yesterday.
I was going to transfer funds to a big 6 bank until I looked at the current interest rate, it is showing 3.00%.

Is this 3.00% mistake ?
I will call Tang and verify !  

If you are on Tiered Rates, the Account Details will show the Interest Rate your deposits qualify you for. So, 3% may be correct if you are on the same Tiered schedule as my spouse.

Check your email and your TNG Insights ...

Is this 3.00% mistake ?
I will call Tang and verify !