Expired Hot Deals

Tangerine

2% saving offer (maybe targeted)

  • Last Updated:
  • Jan 1st, 2022 12:41 pm
Member
Dec 7, 2007
316 posts
279 upvotes
Edmonton
Now with this online-only offer, you can earn a 2.00% interest rate* until April 30, 2022 on new deposits to your Tangerine Savings Account(s), including TFSA, RSP, and US$, up to $1,000,000 per Applicable Account Type.

Because saving for what’s worth it, is worth it.



It’s easy to earn your special rate:

1. Click the ‘Activate Now’ button by December 31, 2021

2. Deposit money until April 30, 2022

3. Sit back and watch your savings grow

* The Tangerine Savings Interest Offer of 2.00% (the “Offer”) is only available to existing Tangerine Clients who have received this communication directly from Tangerine and who activate the Offer online by December 31, 2021. The 2.00% promotional interest rate (the “Promotional Interest Rate”) is only available on Eligible Deposits made between December 02, 2021 and April 30, 2022 of up to $1,000,000 per Applicable Account Type (in the currency of the Applicable Account). However, deposits made into registered Applicable Accounts through a T2033 form will not begin to earn the Promotional Interest Rate until the funds are actually received by Tangerine, and will earn interest at the applicable Posted Rate before then. The Promotional Interest Rate is an annualized rate, calculated daily and paid monthly. This Offer can’t be combined with any other offers. This Offer, including interest rates, may change, be extended or cancelled without notice. Full Offer Terms and Conditions, including definitions of any capitalized terms, are available here.

https://www.tangerine.ca/en/landing-pag ... AwLDAwMDth
Newbie
Dec 23, 2019
7 posts
4 upvotes
goat wrote: Got it as well
Now i can't remember what the rate is for Simplii to compare lol
Simplii is 2.2%. Payout is not per month though. They pay lumpsum at the end of the promotion.
Deal Addict
Sep 14, 2015
1561 posts
1241 upvotes
Mont-Royal, QC
sports1 wrote: Won the Tangerine lottery this time. But really annoying it's always "on new deposits only"... well better than nothing I guess.
Just move money between accounts, it should count as “new” deposit
Deal Addict
User avatar
Dec 16, 2008
2627 posts
1070 upvotes
Calgary
jackfollow wrote: Just move money between accounts, it should count as “new” deposit
No, they take a balance total on December 1 and you only earn on the difference.

EDIT* Added details

Here’s how it works:

1. We totalled up the balances of your eligible Savings, TFSA, RSP Savings, and US$ Savings Account(s) as they were on December 1, 2021 to get your total balances per Account Type
2. From December 2, 2021 to April 30, 2022, you’ll earn your special interest rate on new deposits over your total balances calculated on December 1, 2021 (up to $1,000,000† per Account Type)
3. The rest of your Account balance will earn the current posted rate
Last edited by Asoul on Dec 2nd, 2021 10:17 pm, edited 1 time in total.
Deal Guru
User avatar
Aug 20, 2005
10592 posts
2272 upvotes
Nowhere
Wow, I finally got an offer from them. It's been years so I only have about $20 in my account. I wonder if it's because I just applied for their credit card. For those also saying they finally got an offer, did you apply for their Mastercard?
Deal Fanatic
Mar 21, 2010
6485 posts
3495 upvotes
Toronto
Finally! First time in years!
Deal Addict
User avatar
Dec 20, 2006
2033 posts
1856 upvotes
Tangerine is pretty much gaming the bonus interest promo.
The promo used to start from 4th of the mth. Because of this, I move $$ out from savings between 1st and 3rd of the mth to 'outsmart' Tangerine algorithms.
This new 2% promo starts from 2nd December... wooo... thank goodness!! I moved the funds from savings on the 1st as I got a feeling that there is one ready in the making.
True or False
Ninety-nine percent of all lawyers give the rest a bad name.
Member
Apr 19, 2020
396 posts
541 upvotes
langley
IEpicDestroyer wrote: Never gotten these offers, NEVER! Why won't Tangerine like me??... :(
I did a chat a few times they offer some thing but gave up to much work
Jr. Member
User avatar
Jan 18, 2007
118 posts
64 upvotes
Calgary
Finally got an offer, it's been awhile! 2% until April 30, 2022.
Sr. Member
Sep 14, 2009
668 posts
335 upvotes
Kingston
Asoul wrote: No, they take a balance total on December 1 and you only earn on the difference.

EDIT* Added details

Here’s how it works:

1. We totalled up the balances of your eligible Savings, TFSA, RSP Savings, and US$ Savings Account(s) as they were on December 1, 2021 to get your total balances per Account Type
2. From December 2, 2021 to April 30, 2022, you’ll earn your special interest rate on new deposits over your total balances calculated on December 1, 2021 (up to $1,000,000† per Account Type)
3. The rest of your Account balance will earn the current posted rate
Does anyone know if they take the "snapshot" of your Dec. 1st balance at the end of the day on Dec. 1st or in the morning as moved money from Savings to Chequing during the daytime, so relevant to me.
Jr. Member
Nov 1, 2006
111 posts
11 upvotes
Toronto
Have the savings account for a year. First time getting an offer.
Deal Addict
Jun 4, 2012
3783 posts
3246 upvotes
Just in time as interest rates planning to rise next year...
Member
May 3, 2018
263 posts
414 upvotes
just wondering, how do people taking advantage of this?
isn't 2% very tiny?
Deal Addict
User avatar
Dec 20, 2006
2033 posts
1856 upvotes
rockxxxlee wrote: just wondering, how do people taking advantage of this?
isn't 2% very tiny?
It is BETTER than its posted regular 0.1% on all Savings (except 0.15% RIF Saving)
$1.56 more (per 30 days) per $1000 saving instead of just 8 cts based on 0.1%

BOC rate is 0.25%.
True or False
Ninety-nine percent of all lawyers give the rest a bad name.
Deal Addict
User avatar
May 9, 2003
1503 posts
391 upvotes
Finally got one but of course I had a balance in the account Neutral Face
Sr. Member
Sep 7, 2017
889 posts
787 upvotes
Offer definitely more wide spread. Money left Tangerine and Simplii by many and sitting with EQ. I already closed my simplii accounts and was going to close tangerine in the new year.
Deal Fanatic
User avatar
Sep 7, 2004
7176 posts
3639 upvotes
West GTEH!
Woohoo.
Checked my email and received the 2% offer yesterday, Dec.2. Smiling Face With Open Mouth
😎
Member
Sep 19, 2004
206 posts
44 upvotes
Edmonton
Got it! First offer I've had from Tangerine in a long long time.

Does Tangerine have a daily limit on transfers out of Tangerine? I just learnt that EQ Bank has a $30,000 daily limit for transfers as I'm trying to pull some stuff out.
Member
Jan 10, 2008
241 posts
261 upvotes
quebec
rockxxxlee wrote: just wondering, how do people taking advantage of this?
isn't 2% very tiny?
This a 'good' rate for temporary deposit. This is a 'lost' leader for Tangerine to gain new asset.

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