Switching from big 4 chequing account: Tangerine or?
my student status/free account is ending and i will not be able to maintain the monthly holding for a free account. paying $50 a year for the pleasure of stashing my tiny chequing account while also getting sales pushed at me is just out of the question.
i have a tangerine account for their no fee cash back CC to get 3 2% cashback categories.
My question is just, should I switch everything to Tangerine or is there a better alternative that I am not aware of? Have seen a lot of people complaining that Tangerine has changed and have gotten the fee increase notices myself. Only thing I can see better about TD for my scenario though is under $100 EMT is fifty cents but all EMT are a buck with Tangerine.
Additionally, do I have to notify TD or is walking away from a zero balance good enough? Are they going to ding me the monthly account fee and chase me for it?
And lastly, my first CC was from TD as a student. This would not affect that in any way and now I'll just pay it from another bank's payment section rather than as a transfer between accounts?
Thanks a lot for your help!