November 8, 2018
I've got tiny cashback on my Tangerine MasterCard, 15 cents, and it were deposited to an otherwise empty Savings account.
I decided to move these 15 cents from Savings to Checking, to keep Savings empty, and got "Transaction amounts need to be at least $1.00" error message.
So, I moved $1 from Checking to Savings, then, immediately after, $1.15 back from Savings to Checking.
I suspect this limit was placed to avoid tiny transactions wasting precious database and servers resources. How is that working for you, Tangerine?
January 12, 2019
The same thing happened to me last year. I now keep at least a dollar in every account that I want to keep open. And I no longer fret over small change. Life is so much better now.
I'm guessing that Tang isn't the only FI that has a "Transaction amounts need to be at least $1.00" rule.
" Live Long And Prosper "
October 21, 2013