Delay in paying bills from Tangerine Checking?

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Feb 14th, 2021 8:59 pm

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Feb 12th, 2021 11:12 am

Seks [OP]: Deal Addict; Oct 19, 2007; 2138 posts; 780 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)

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Feb 12th, 2021 12:09 pm

georvu: Deal Fanatic; Feb 4, 2015; 6413 posts; 2815 upvotes; Canada, Eh!!

Feb 12th, 2021 12:09 pm

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

.......
July 13, 2017 to October 25, 2018: BOC raised rates 5 times and MCAP raised its prime rate next day each time.

2020: BOC dropped rates 3 times and MCAP waited and waited to drop its prime rate to include all 3 drops.

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Feb 14th, 2021 1:37 pm

starchoice: Deal Addict; Oct 13, 2007; 3494 posts; 2155 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.