Investing

High Interest rate promos for 2019

  • Last Updated:
  • Jan 9th, 2019 2:25 am
[OP]
Jr. Member
Mar 6, 2010
141 posts
31 upvotes
Brampton

High Interest rate promos for 2019

usually there are quite a few "gimmicky" high interest promos out early new year by online banks such as simplii, tangerine etc. Many of them promise 3% for x months.
Do we have any such promos going on these days?
15 replies
Deal Addict
User avatar
Dec 4, 2007
2797 posts
633 upvotes
Quebec
Just called tangerine yesterday, there is none apparently for TFSAs, but the rep told me its going to have promo at start of the year. So id say, remove ur money from ur tfsa on 31 dec... And wait to put it back in jan 2019 if there is something interesting.
Last edited by HyperTech on Dec 30th, 2018 7:34 pm, edited 1 time in total.
Newbie
Dec 23, 2012
93 posts
64 upvotes
RICHMOND HILL
Tangerine has one, 3% for 6 months, with a $50 bonus I think. Scotia has some weird savings account that they promote as 3.2% but it isn't really (momentum plus).
Deal Addict
Jun 21, 2008
2539 posts
277 upvotes
Toronto
Mosho1 wrote:
Dec 30th, 2018 1:42 pm
Tangerine has one, 3% for 6 months, with a $50 bonus I think. Scotia has some weird savings account that they promote as 3.2% but it isn't really (momentum plus).
When did this come out? The tangerine one i mean
[OP]
Jr. Member
Mar 6, 2010
141 posts
31 upvotes
Brampton
Mosho1 wrote:
Dec 30th, 2018 1:42 pm
Tangerine has one, 3% for 6 months, with a $50 bonus I think. Scotia has some weird savings account that they promote as 3.2% but it isn't really (momentum plus).
2 % is what I have been offered.
Penalty Box
Apr 27, 2015
1185 posts
185 upvotes
I have 3.1% in Tangerine until Mar 30 and 3% in CIBC HISA until Mar 30
NDP for Unions, PC for people. Only PC can save Ontario.
[OP]
Jr. Member
Mar 6, 2010
141 posts
31 upvotes
Brampton
Am I correct in my calculation that the net difference in a 1.25% vs 3% non tfsa/rrsp account per $10000 is a paltry $12.50 every 3 months?
in other words, I will save about $60 if I transfer $50000, with 30% tax deduction it will end up being about $40 after 3 months?
Deal Addict
Jun 21, 2008
2539 posts
277 upvotes
Toronto
gibor365365 wrote:
Jan 2nd, 2019 10:17 pm
I have 3.1% in Tangerine until Mar 30 and 3% in CIBC HISA until Mar 30
How did you get that from Tangerine?
Deal Addict
Jan 18, 2003
4819 posts
809 upvotes
Mississauga
Ticco wrote:
Jan 6th, 2019 10:32 pm
How did you get that from Tangerine?
you need to call them... and just say simplii is offering 3.1 for 4 months...
Penalty Box
Apr 27, 2015
1185 posts
185 upvotes
Ticco wrote:
Jan 6th, 2019 10:32 pm
How did you get that from Tangerine?
They called me and offered.
you need to call them... and just say simplii is offering 3.1 for 4 months...
I doubt it would help, reps just check you profile and if you are eligible.... you eligibility is determined by other department (based on some unknown algorithm or lottery)
NDP for Unions, PC for people. Only PC can save Ontario.
Deal Addict
Jan 18, 2003
4819 posts
809 upvotes
Mississauga
gibor365365 wrote:
Jan 7th, 2019 12:44 am
They called me and offered.

I doubt it would help, reps just check you profile and if you are eligible.... you eligibility is determined by other department (based on some unknown algorithm or lottery)
i think it does... they checked my profile and offered me 2.5....i told them the above... and they gave me 3.15 for 4 months...
Newbie
Apr 6, 2018
28 posts
36 upvotes
What about Meridian - 3.25 for 4 or 18 months. Plus 1% bonus.
Penalty Box
Apr 27, 2015
1185 posts
185 upvotes
My mom got today 2.75% in Tangerine until end of September ....just logged to website and it appears at the top
NDP for Unions, PC for people. Only PC can save Ontario.

Top