Targeted offer - new money 1.6% till March 31, 2022 | 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 - new money 1.6% till March 31, 2022
November 6, 2021
8:21 am
Loonie
Member
Members
Forum Posts: 7498
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

To move money out of Park account to another FI, you must first move it over to non-Park account.

November 6, 2021
8:29 am
Bill
Member
Members
Forum Posts: 2633
Member Since:
September 11, 2013
sp_UserOfflineSmall Offline

For some months now, at the top in Insights every time I sign in, it tells me they don't have a valid email address for me. So I go in and update it (they show me the one they already have, it's the right one, but anyway I just put in the same one again) and it always tells me "Done", good to go. But I never get emails from them re offers, etc, I'm wondering if that's a possible reason - ?

November 6, 2021
9:47 am
cgouimet
Member
Members
Forum Posts: 64
Member Since:
February 7, 2019
sp_UserOfflineSmall Offline

1. You might want to check that email address to make sure there's no space at the end.

2. I think offers will also appear in your Insights.

November 6, 2021
11:22 am
Kidd
Member
Members
Forum Posts: 771
Member Since:
February 27, 2018
sp_UserOfflineSmall Offline

Cgouimet is correct (post23). Any offer emailed out to you, will also appear in your "insights".

Bill you and i have been "profiled" we're not worthy. If i ran a business and i declined certain individuals based on my targeting criteria, I'd be put out of business. The hypocrisy in canada is unbelievable, if only we had a government that worked for the people.

November 6, 2021
11:36 am
davidgeorge
Member
Members
Forum Posts: 192
Member Since:
May 20, 2016
sp_UserOfflineSmall Offline

Loonie said
To move money out of Park account to another FI, you must first move it over to non-Park account.  

Thanks. I am wondering if I request the transfer, will DUCA reject it? If DUCA rejects the transfer, will Tangerine charge me any fee? The linked park account must have been working in the past, i.e. received two micro-deposites to be linked. I probably have to delete the park account and link the DUCA savings account to pull the fund. What a hassle.

Capture.JPG

November 6, 2021
12:12 pm
Loonie
Member
Members
Forum Posts: 7498
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

I don't know how Tang managed to transfer in a few cents but I can't imagine being able to transfer out from Park. DUCA's system wouldn't let me do it anyway, but i was able to from savings. It also wouldn't let me transfer out from savings immediately after transferring from Park to savings; I had to wait several hours; in the interim I got a message saying there was insufficient funds for the transfer out even though the transactions clearly showed the funds were in savings. It's a cumbersome system.

November 6, 2021
12:22 pm
canadian.100
Member
Members
Forum Posts: 439
Member Since:
September 7, 2018
sp_UserOfflineSmall Offline

Loonie said
I don't know how Tang managed to transfer in a few cents but I can't imagine being able to transfer out from Park. DUCA's system wouldn't let me do it anyway, but i was able to from savings. It also wouldn't let me transfer out from savings immediately after transferring from Park to savings; I had to wait several hours; in the interim I got a message saying there was insufficient funds for the transfer out even though the transactions clearly showed the funds were in savings. It's a cumbersome system.  

I had the same experience - DUCA has a very cumbersome system. Maybe now you can understand why most Canadians still prefer to deal with the big banks. DUCA will never be my main FI - unless they clean up the amateur stuff. This is 2021!

November 6, 2021
12:26 pm
cgouimet
Member
Members
Forum Posts: 64
Member Since:
February 7, 2019
sp_UserOfflineSmall Offline

I did have $ at DUCA for a while but found their process problematic for me. I believe it still works the same way.

The higher interest is on the "Park" account. As a customer I can only transfer in/out of the "Feel Free" and "Earn More" accounts. I can move $ to/from "Feel Free" or "Earn More" to other institutions myself online but I have to call DUCA during business hours on business days to move in/out of the "Park".

I don't use their accounts anymore for that reason. The occasional short term interest premium isn't worth that constraint.

November 6, 2021
12:44 pm
smayer97
Member
Members
Forum Posts: 466
Member Since:
September 29, 2017
sp_UserOfflineSmall Offline

davidgeorge said

Thanks. I am wondering if I request the transfer, will DUCA reject it? If DUCA rejects the transfer, will Tangerine charge me any fee? The linked park account must have been working in the past, i.e. received two micro-deposites to be linked. I probably have to delete the park account and link the DUCA savings account to pull the fund. What a hassle.

Capture.JPG  

There was a time where it was possible to move money directly in and out of the Park account BUT since Oct 2020, they put a stop to that.

You can only move money INTO the Park account via an agent and a phone call. BUT you can move money out online. The requirement is that you have to move it to one of their other non-Park accounts, then you can transfer in/out from that account. So yes, you have to link to whichever other non-Park account you have a DUCA to perform in/out transfers with DUCA.

November 6, 2021
12:49 pm
Bill
Member
Members
Forum Posts: 2633
Member Since:
September 11, 2013
sp_UserOfflineSmall Offline

cgouimet, thanks but nothing in my Insights either. Re-did email update, made sure to have no space at end (pretty sure never was one).

Kidd, same boat, last offer I got ended last November, nothing since. At least I continue to receive juicy dividends from my BNS shares, Tangerine's parent, so I guess the less interest they pay everyone results in my benefit another way, is the way I look at it.

November 6, 2021
2:14 pm
cgouimet
Member
Members
Forum Posts: 64
Member Since:
February 7, 2019
sp_UserOfflineSmall Offline

Bill said
cgouimet, thanks but nothing in my Insights either. Re-did email update, made sure to have no space at end (pretty sure never was one).

Kidd, same boat, last offer I got ended last November, nothing since. At least I continue to receive juicy dividends from my BNS shares, Tangerine's parent, so I guess the less interest they pay everyone results in my benefit another way, is the way I look at it.  

Like me, you're not in their sight at this time ...

November 6, 2021
2:38 pm
implode
Member
Members
Forum Posts: 146
Member Since:
April 2, 2015
sp_UserOfflineSmall Offline

No offer for me when I logged in. I finally decided to enable email notifications too for promotions. Maybe I'll get something in the future.

November 6, 2021
4:31 pm
COIN
Member
Members
Forum Posts: 311
Member Since:
March 15, 2019
sp_UserOfflineSmall Offline

Re: DUCA

Try this. Transfer from PARK to your CHEQUING and then write a cheque and deposit to Tang.

November 6, 2021
5:37 pm
cgouimet
Member
Members
Forum Posts: 64
Member Since:
February 7, 2019
sp_UserOfflineSmall Offline

COIN said
Re: DUCA

Try this. Transfer from PARK to your CHEQUING and then write a cheque and deposit to Tang.  

Write a what?

Lol...

November 23, 2021
6:42 pm
cdnsaver
Member
Members
Forum Posts: 3
Member Since:
April 11, 2021
sp_UserOfflineSmall Offline

cgouimet said

Write a what?

Lol...  

This is how I did it:
1. Linked my Duca Account to Tangerine as an External Account. The account # provided by Duca to link my account was for the "Daylight no Fees Savings Account".
2. Transferred funds from Duca "Earn More Park Account" to Duca "Daylight no Fees Savings Account"
3. Requested the full balance transfer through Tangerine Savings Account and had no issues.

No permission to create posts

Please write your comments in the forum.