Targeted offer: 2% on new deposit Nov 4, 2020 to Mar 31, 2021 | Page 2 | Tangerine Bank | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Targeted offer: 2% on new deposit Nov 4, 2020 to Mar 31, 2021
November 5, 2020
9:03 am
topgun
Member
Members
Forum Posts: 452
Member Since:
September 6, 2020
sp_UserOfflineSmall Offline

Righand said

I hope you didn't leave the money rotting in the account earning 0.15 % because that seems to be what they are counting on and are quite happy with that. I always move all of my funds out before the promo ends and have generally received an offer without having to phone in and beg.  

If your HISA is paying 1.3% to 1.8% it is hard to justify taking advantage of a 2% Tangerine promo.

Have a Great Day

November 5, 2020
10:12 am
Pythagoras
Member
Members
Forum Posts: 34
Member Since:
October 27, 2020
sp_UserOfflineSmall Offline

Righand said

I hope you didn't leave the money rotting in the account earning 0.15 % because that seems to be what they are counting on and are quite happy with that. I always move all of my funds out before the promo ends and have generally received an offer without having to phone in and beg.  

Why do you move funds before promo ends?
Why not move them just after the promo ends?

November 5, 2020
10:20 am
topgun
Member
Members
Forum Posts: 452
Member Since:
September 6, 2020
sp_UserOfflineSmall Offline

Righand said

I hope you didn't leave the money rotting in the account earning 0.15 % because that seems to be what they are counting on and are quite happy with that. I always move all of my funds out before the promo ends and have generally received an offer without having to phone in and beg.  

Good idea to move money before promo ends. You have a low balance if you get another promo offer.

Have a Great Day

November 5, 2020
10:23 am
Righand
Member
Members
Forum Posts: 107
Member Since:
December 15, 2016
sp_UserOfflineSmall Offline

Pythagoras said

Why do you move funds before promo ends?
Why not move them just after the promo ends?  

You could do it that way if you wish but I'm just being xtra careful not to get caught viasf-cry their "new money" shenanigans. That said I do find their silly games a bit annoying.

November 17, 2020
4:28 pm
Bud
Member
Banned
Forum Posts: 1375
Member Since:
February 20, 2018
sp_UserOfflineSmall Offline

Can one apply for the new deal till end of March if the previous deal 2.3 ends end of November ?

November 17, 2020
4:37 pm
topgun
Member
Members
Forum Posts: 452
Member Since:
September 6, 2020
sp_UserOfflineSmall Offline

As long as you can fill the terms and conditions I would say YES.

Have a Great Day

November 18, 2020
4:36 am
Alexandre
Member
Members
Forum Posts: 1232
Member Since:
November 8, 2018
sp_UserOfflineSmall Offline

Bud said
Can one apply for the new deal till end of March if the previous deal 2.3 ends end of November ?  

If you received an offer, check Tangerine email. Mine says "must activate offer by November 30, 2020."
If yours is the same, wait till November 28 and activate offer, then.

November 18, 2020
8:54 am
RYAN
Member
Members
Forum Posts: 30
Member Since:
May 18, 2016
sp_UserOfflineSmall Offline

The promo I got from Tangerine is Oct 2020 to Feb 28 2021 at 2%.

December 4, 2020
11:20 am
Bud
Member
Banned
Forum Posts: 1375
Member Since:
February 20, 2018
sp_UserOfflineSmall Offline

Tang offering on phone 1.5% for 150d is this the best they can do for non-targeted? How to get them to match 2%? Just noticed Nov30 targ deadline.

December 28, 2020
2:55 pm
dentgal
Member
Members
Forum Posts: 211
Member Since:
October 11, 2015
sp_UserOfflineSmall Offline

My promo 1.8% ended today (Dec 28). I couldn't get Tanga to answer the phone. And no messages on my account when I logged in. Any thoughts who has the best rates now? I've got Simplii maxed out.

December 28, 2020
6:18 pm
Loonie
Member
Members
Forum Posts: 9391
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

I'm not that familiar with the Simplii offer, but do you mean you're maxed out with CDIC or does the offer have a limit?
If no limit, you could put more money there as it is covered by CIBC's insurance.

December 28, 2020
6:40 pm
topgun
Member
Members
Forum Posts: 452
Member Since:
September 6, 2020
sp_UserOfflineSmall Offline

I called Simplii to activate the 2% deal until the end of March. You have to wait until April to get the bonus. Until that happens you collect .10%. The maximum is $500,000. The other 1.9% will probably be paid by April 15th. I can wait until April 30th.

https://www.simplii.com/en/special-offers/high-interest-savings.html?utrc=s226:28&&msclkid=542fda892c6313b7ddad8563b914b9fe&utm_source=bing&utm_medium=cpc&utm_campaign=Simplii%20Financial%20%7C%20SEM_AW_EN_BR_Simplii%20Financial%20-%20Exact%20-%20HISA%20-%20Simplii%20Core&utm_term=simplii%20financial%20online%20banking&utm_content=Brand&gclid=542fda892c6313b7ddad8563b914b9fe&gclsrc=3p.ds

Hopefully this very long link works.

Have a Great Day

December 28, 2020
7:05 pm
Loonie
Member
Members
Forum Posts: 9391
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

If the problem is that you are maxed out at 500K,
I wonder if Simplii would allow an equal amount in a joint account and whether there is anyone you would be willing to have a joint account with? Perhaps it could be made to work if the other person was the primary account holder? Just guessing.

Other than that, and all the usual suspects, maybe wait a few weeks and see what comes up, if anything, in RSP/TFSA promos. Sometimes FIs can be persuaded to extend these offers to non-reg'd, This is admittedly a longshot.

Or you could buy yourself a yacht and a Porsche and have less cash to worry about! LOL

December 28, 2020
8:25 pm
MG
Member
Members
Forum Posts: 277
Member Since:
February 16, 2013
sp_UserOfflineSmall Offline

I read on RedFlags forum that people are now getting offered 1.4% for 3 - 6 months by Tangerine. I think one person may have gotten 1.6% but that was almost 1 month ago. My promo rate of 1.6% expired on the weekend and I plan to call them shortly. The question is how low will they go?

Added later (11:46 pm ET): Just called Tangerine and got an agent within 5 minutes even though their website said 25 minute wait time. I accepted 1.4% for 5 months for up to $1MM. I already have some at Simplii and some at Motive, so just trying to spread things around. Not thrilled with the rate but at least I got something.

December 28, 2020
9:34 pm
smayer97
Member
Members
Forum Posts: 890
Member Since:
September 29, 2017
sp_UserOfflineSmall Offline

CDN Tire 1.8%
EQ TFSA 2.3%
EQ TFSA 3-month GIC 2.5%

December 29, 2020
6:22 am
Bill
Member
Members
Forum Posts: 4018
Member Since:
September 11, 2013
sp_UserOfflineSmall Offline

My promo rate expired Christmas Day, called today, agent answered immediately, checked my profile and I got offered same as MG on $Cdn non-registered savings accounts. Wife's promo had expired in November, they offered her zero today but said they'll be sending out some promos soon, she should wait for that.

December 29, 2020
6:59 am
dollarbill
London, ON.
Member
Members
Forum Posts: 22
Member Since:
December 25, 2020
sp_UserOfflineSmall Offline

I simply refuse to deal with Tangerine. They have lied to me many times.
Last year I had arranged to transfer my TFSA (around $75,000.00) from Scotiabank to them and they backed out of it at the very last minute. Left me in a mess!

December 30, 2020
10:57 am
Alexandra
British Columbia
Member
Members
Forum Posts: 496
Member Since:
September 24, 2019
sp_UserOfflineSmall Offline

dollarbill said
I simply refuse to deal with Tangerine. They have lied to me many times.
Last year I had arranged to transfer my TFSA (around $75,000.00) from Scotiabank to them and they backed out of it at the very last minute. Left me in a mess!  

What was the reason for them backing out? Seems strange

January 2, 2021
7:06 am
canadian.100
Member
Members
Forum Posts: 975
Member Since:
September 7, 2018
sp_UserOfflineSmall Offline

Tangerine's special rate on their "Savings Acct" (I do not use HISA anymore) is now 1.3% for 5 months to May 31st. which is a bit higher rate than Hubert, Oaken, Alterna Bank etc. With Tangerine issuing mortgages at 1.69% for 3 years and 1.74% for 5 years, the 1.3% is realistic. No doubt real estate sales will boom again in 2021.

January 2, 2021
7:27 am
pooreva
Member
Banned
Forum Posts: 440
Member Since:
April 2, 2018
sp_UserOfflineSmall Offline

canadian.100 said
Tangerine's special rate on their "Savings Acct" (I do not use HISA anymore) is now 1.3% for 5 months to May 31st. 

Is this a 'special offer' or their offer when you call them to negotiate rate?

No permission to create posts

Please write your comments in the forum.