Delay in paying bills from Tangerine Checking?

Search this thread

Last Updated:
Feb 14th, 2021 8:59 pm

Tags:

SCORE
0
1
1

Reply to ThreadReply

Search this thread

Feb 12th, 2021 11:12 am

Seks [OP]: Deal Addict; Oct 19, 2007; 2329 posts; 935 upvotes

Feb 12th, 2021 11:12 am

Delay in paying bills from Tangerine Checking?

This is about paying credit card bills from a Tangerine Checking. Sometimes the transfer would be right away (such as today). Other times the transfer is scheduled for next day (like tomorrow).

I just initiated a pay bill from my Tangerine Checking to my Scotia MC but Tangerine scheduled it for tomorrow 13th.

Why is it so random? TD doesn't do it, it just transfer right away (as in today)

5 replies

Feb 12th, 2021 12:09 pm

georvu: Deal Fanatic; Feb 4, 2015; 8035 posts; 4182 upvotes; Canada, Eh!!

Feb 12th, 2021 12:09 pm

Perhaps if early in day it is same day else next day.

2022: BOC raised 3 times and MCAP raised its prime next day.
2017 to 2018: BOC raised rates 5 times and MCAP raised its prime next day each time.
2020: BOC dropped rates 3 times and MCAP waited to drop its prime to include all 3 drops.

+2

Feb 14th, 2021 1:37 pm

starchoice: Deal Addict; Oct 13, 2007; 4203 posts; 3075 upvotes; Edmonton

Feb 14th, 2021 1:37 pm

Seks wrote: ↑ This is about paying credit card bills from a Tangerine Checking. Sometimes the transfer would be right away (such as today). Other times the transfer is scheduled for next day (like tomorrow).

I just initiated a pay bill from my Tangerine Checking to my Scotia MC but Tangerine scheduled it for tomorrow 13th.

Why is it so random? TD doesn't do it, it just transfer right away (as in today)

All banks have cut-offs. Today is Sunday so of course it will only be scheduled for tomorrow.