Targeted offer - 5.50% on new money from Aug 2nd till Dec 31st, 2023 | Tangerine Bank | Discussion forum

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Targeted offer - 5.50% on new money from Aug 2nd till Dec 31st, 2023
August 5, 2023
4:03 am
hwyc
GTA
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ICYMI - August new money offer was out on 2nd! 5.50%

Tang-new-money-2023-1231.jpg

August 5, 2023
8:59 am
HermanH
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To my surprise, I got it! sf-surprised

August 5, 2023
9:52 am
lifeonanisland
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My wife got it. I wonder if they extend these offers to family members?

August 5, 2023
10:05 am
HermanH
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Sometimes, they do, under the 'same household' policy. However, I asked last time and was told that the specific 5% offer was specifically limited to original recipient. All you can do is ask.

August 5, 2023
1:27 pm
davidgeorge
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Too bad. I am still on a 5% promotion until September 30, 2023.

August 5, 2023
1:39 pm
Winnie
Ontario
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davidgeorge said
Too bad. I am still on a 5% promotion until September 30, 2023.  

Tangerine will probably offer to you 5.75% in early October after BOC another increase September 6, 2023.

August 5, 2023
2:10 pm
rhvic
Victoria, BC
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Winnie said

Tangerine will probably offer to you 5.75% in early October after BOC another increase September 6, 2023.  

I hope that is true, as currently Tang gives me only 4.5% until Aug 31.

August 6, 2023
7:53 am
suburbs4life
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@ Winnie

I wouldnt be too quick to expect another BOC raise come September

August 6, 2023
9:28 am
lifeonanisland
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suburbs4life said
@ Winnie

I wouldnt be too quick to expect another BOC raise come September  

Hard to say. Recently, I've noticed more spikes in gas, food, etc., along with wages on the rise in some sectors (port workers in BC, for example). I suspect the August inflation numbers might surprise.

August 6, 2023
11:32 am
cgouimet
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lifeonanisland said

Hard to say. Recently, I've noticed more spikes in gas, food, etc., along with wages on the rise in some sectors (port workers in BC, for example). I suspect the August inflation numbers might surprise.  

We have seen some economic slowdown and reduced employment recently. On the flip side, more and more mortgages are coming due for renewal at higher rates.

CGO
August 6, 2023
11:48 am
COIN
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Anybody here old enough to remember Trudeau Senior's price and wage control?

August 6, 2023
6:29 pm
murph
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Got the offer, my 1st since my last ended Dec31/22.sf-cool

August 7, 2023
4:28 am
cgouimet
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COIN said
Anybody here old enough to remember Trudeau Senior's price and wage control?  

Yep

CGO
December 21, 2023
8:19 am
hwyc
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Everybody on this 5.50% offer, please check.
... I hear an extension to Feb 29, 2024 has been given!

December 29, 2023
11:46 am
topgoat
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For those with Tangerine's interest rate promotion expiring December 31, 2023, has anyone received an extension (for old and new money) or a new promo (for new money)? hwyc mentions an extension to February 29, 2024 but I have not seen anything to date. Thank you!

December 29, 2023
11:26 pm
Y.S.
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Extended to Feb 29 2024.

December 30, 2023
9:48 am
topgoat
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How was the extension communicated, e.g. by email, Insights once logged-in online, etc? When did you receive the notice? I guess if we haven't received it up to now, we are not getting it? Thanks.

December 31, 2023
7:06 am
Y.S.
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Insights showed new date.
Email on Dec 20/23:
Your promotional rate has been extended...
Until February 29, 2024
- On new deposits to your eligible Tangerine Savings Account(s), including TFSA, RSP, and US$
- Up to $1,000,000 per eligible Account type

December 31, 2023
1:14 pm
ponyFlower
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Ugh.... I haven't received a promotional offer in over a year, and I'm contemplating closing the tangerine savings account because it doesn't hold any value for me.

January 1, 2024
1:29 pm
Saver602
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July 25, 2023
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No extension offer for me so my $ is on the move elsewhere! You don't get to use it without paying a decent rate for such use. For the lack of a better plan I'm looking at CIBC flexible GIC. Redeemable and 4.5% Will report back if seeing my $ on the move wakes up the Tangerine promotion bot.

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