Expired Hot Deals

[Tangerine] Earn 3% Int on Summer Deposits (promo int % paid until Nov) *TARGETED*

  • Last Updated:
  • Aug 27th, 2015 3:44 pm
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Dec 31, 2011
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Yellowknife
igob8a wrote:
Aug 9th, 2015 3:22 am
Seems this promo has gotten more difficult to get after the BOC rate cut? No go for me when I called in earlier.
Call again. Just got the deal. I told them that PC Financial has 2.5% and that some Tangerine clients are being offered 3%. Asked if we could get the 3% rate. It took like a minute and it was done :)
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Aug 11, 2009
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If I already have money in my account, can I withdrawal and then deposit the same amount of money to gain the 3% interest?
PSN: RunOrDie226
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Jun 21, 2008
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Toronto
RunOrDie wrote:
Aug 9th, 2015 9:11 am
If I already have money in my account, can I withdrawal and then deposit the same amount of money to gain the 3% interest?
No - it's net deposits so if you already had $100 sitting in it and then withdraw it, prior to activating the promo, then you'd have to replace the $100 and then anything on top of that, receives the promotional interest rate.
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Sep 6, 2008
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BC
Noob1ee wrote:
Aug 1st, 2015 8:22 am
At 3%, you should get around $24-$25/month (depending on hoe many days in that month) on $10k.
Gah, I must be terrible at math or the interest in calculated in a way I don't understand as this is not as attractive as what I had figured out.

So if next week I put 14k into a new Tangerine savings account how much will I have when the promo ends on Nov 30th?
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May 26, 2013
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Feegus wrote:
Aug 27th, 2015 3:39 pm
Gah, I must be terrible at math or the interest in calculated in a way I don't understand as this is not as attractive as what I had figured out.

So if next week I put 14k into a new Tangerine savings account how much will I have when the promo ends on Nov 30th?
Feegus, when you see a rate of return like 3%, it's almost always expressed in annual terms.

So if you want to know how much you'll make on $14k in a month, all you have to do is put it in monthly terms: 14000*.03/12 = $35 per month is what you'd receive.

September+Oct+Nov would get you about $115 in interest payments.

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