[Tangerine] 1 year non registered GIC at 4.85%, (not targeted offer, open to everyone, new or actual clients) - Page 28

Aug 26th, 2022 10:26 pm

#541

pman113: Sr. Member; Jul 18, 2014; 720 posts; 1648 upvotes; Tillsonburg ON

Aug 26th, 2022 10:26 pm

AdamKing wrote: ↑ Might as well go for Manulife's Advantage acct for 3.5%

where are you seeing 3.5% ? I see 1.75% no the website https://www.manulifebank.ca/personal-ba ... ounts.html

Aug 27th, 2022 8:53 am

#542

jadoogar: Deal Addict; Oct 13, 2008; 1628 posts; 2188 upvotes; Mississauga

Aug 27th, 2022 8:53 am

Tangerine dropped their rate this morning to 4.4% for the 1 year GIC.

Telus $30/25gb x 3 lines, $10/Talk& Text line - 24 mths
300 LD Can/US minutes, 2000 LD minutes to India, Unlimited CAN-Int'l Text ($0), 0$ smartwatch plan
Rogers $44.99 for 24 mths, Ignite internet
CIBC, Tang and EQ

+4

Aug 27th, 2022 9:04 am

#543

luking: Sr. Member; Mar 6, 2010; 819 posts; 333 upvotes; Brampton

Aug 27th, 2022 9:04 am

jadoogar wrote: ↑ Tangerine dropped their rate this morning to 4.4% for the 1 year GIC.

This is ridiculous - how did they know I was about to invest LOL
Obviously Simplii @ 4.5% is a better deal. Which other big bank is offering more?

Aug 27th, 2022 9:57 am

#544

DoorCrasher [OP]: Penalty Box; Nov 21, 2013; 8128 posts; 9301 upvotes; Montréal

Aug 27th, 2022 9:57 am

AdamKing wrote: ↑ Might as well go for Manulife's Advantage acct for 3.5%

pman113 wrote: ↑ where are you seeing 3.5% ? I see 1.75% no the website https://www.manulifebank.ca/personal-ba ... ounts.html

Isn't 3.5% for Advantage BUSINESS account? I Sée 1.75% as well ...

Aug 27th, 2022 11:00 am

#545

Webhead: Deal Fanatic; Sep 7, 2004; 8009 posts; 4894 upvotes; West GTEH!

Aug 27th, 2022 11:00 am

jadoogar wrote: ↑ Tangerine dropped their rate this morning to 4.4% for the 1 year GIC.

That was for a short period of time, 4.60%. Maybe 1 week?

Aug 27th, 2022 11:02 am

#546

jadoogar: Deal Addict; Oct 13, 2008; 1628 posts; 2188 upvotes; Mississauga

Aug 27th, 2022 11:02 am

Webhead wrote: ↑ That was for a short period of time, 1 week?

Yes, wonder what was the thought process from Tangerine's end. The 4.6% lasted for 3 days.

Last edited by jadoogar on Aug 29th, 2022 9:33 am, edited 1 time in total.

Telus $30/25gb x 3 lines, $10/Talk& Text line - 24 mths
300 LD Can/US minutes, 2000 LD minutes to India, Unlimited CAN-Int'l Text ($0), 0$ smartwatch plan
Rogers $44.99 for 24 mths, Ignite internet
CIBC, Tang and EQ

Aug 27th, 2022 11:33 am

#547

joeags: Deal Addict; Sep 25, 2004; 1102 posts; 698 upvotes

Aug 27th, 2022 11:33 am

DoorCrasher wrote: ↑ Isn't 3.5% for Advantage BUSINESS account? I Sée 1.75% as well ...

Found it: https://client.manulifebank.com/edo/#/p ... ANG_ID=001

Manulife likes to have their hidden promotions - they did this in the past. New post added here: Link

+4

Aug 27th, 2022 11:46 am

#548

mkl38s: Deal Fanatic; Jan 21, 2014; 7037 posts; 4479 upvotes

Aug 27th, 2022 11:46 am

joeags wrote: ↑ Found it: https://client.manulifebank.com/edo/#/p ... ANG_ID=001

Manulife likes to have their hidden promotions - they did this in the past. New post added here: Link

What I like about Manulife is when the base rate goes up, your overall rate will also go up the same amount. Say Sep 7, BoC increases rate with another 0.5% or %0.75%, base rate will definitely go up, just don't know how much, maybe 0.25%? if so then your interest rate will be 3.75% and not 3.5%. I may open another account for this promotion since my Tangerine is coming to an end and they are not offering me anything

+1

Aug 27th, 2022 12:12 pm

#549

Piklishi: Deal Addict; Jul 25, 2015; 1991 posts; 1697 upvotes; Burnaby, BC

Aug 27th, 2022 12:12 pm

I guess too many people locked in at 4.5, 4.6 so they dont need cash anymore. Means they have enough to leverage and give as loans.

Maybe after sep 7 will change again.

Aug 27th, 2022 12:23 pm

#550

blindemboss: Deal Addict; Oct 4, 2006; 3121 posts; 2115 upvotes; Toronto

Aug 27th, 2022 12:23 pm

FYI, if you’re transferring funds, Tangerine won’t cover your withdrawal fee from your previous bank.

Aug 27th, 2022 12:28 pm

#551

cardero: Sr. Member; Sep 14, 2009; 814 posts; 458 upvotes; Kingston

Aug 27th, 2022 12:28 pm

mkl38s wrote: ↑ What I like about Manulife is when the base rate goes up, your overall rate will also go up the same amount. Say Sep 7, BoC increases rate with another 0.5% or %0.75%, base rate will definitely go up, just don't know how much, maybe 0.25%? if so then your interest rate will be 3.75% and not 3.5%. I may open another account for this promotion since my Tangerine is coming to an end and they are not offering me anything

That's awesome info. and happy Manulife's promo doesn't exclude people with previous Advantage accounts like they did a few times in the past.

+1

Aug 29th, 2022 9:29 am

#552

didi love: Jr. Member; Jul 23, 2007; 182 posts; 31 upvotes; York

Aug 29th, 2022 9:29 am

Tangerine switch and bait. I placed the order for the purchase of two 1 year term GICs at 4.6% with a transfer in of funds on Friday Aug 26 and the transactions went through today but showing 4.4%. That's not the contact term that I agreed to.

Remarks: was on a one hour call with Tangerine got the agreed upon interest rate of 4.6%.

Last edited by didi love on Aug 29th, 2022 4:47 pm, edited 1 time in total.

+1

Aug 29th, 2022 10:26 am

#553

DoorCrasher [OP]: Penalty Box; Nov 21, 2013; 8128 posts; 9301 upvotes; Montréal

Aug 29th, 2022 10:26 am

didi love wrote: ↑ Tangerine switch and bait. I placed the order for the purchase of two 1 year term GICs at 4.6% with a transfer in of funds on Friday Aug 26 and the transactions went through today but showing 4.4%. That's not the contact term that I agreed to.

You should call them in. Nothing will solve by itself. It's ok to post this here, but it won't change anything about this issue.

You should have the announced rate at the time you opened the account, nit at the time the transfer is done

+2

Aug 29th, 2022 11:07 am

#554

jgaleazza: Member; Dec 27, 2017; 316 posts; 307 upvotes

Aug 29th, 2022 11:07 am

Check you insights as there's also the promo interest rate of 3.5% on all savings accounts to Dec 2022. No need to lock into a 6 month or 1 year GIC. There is likely to be another promo at that time. And Interest rates are likely to rise, so you can hold off moving funds to GIC

Aug 29th, 2022 11:58 am

#555

DoorCrasher [OP]: Penalty Box; Nov 21, 2013; 8128 posts; 9301 upvotes; Montréal

Aug 29th, 2022 11:58 am

jgaleazza wrote: ↑ Check you insights as there's also the promo interest rate of 3.5% on all savings accounts to Dec 2022. No need to lock into a 6 month or 1 year GIC. There is likely to be another promo at that time. And Interest rates are likely to rise, so you can hold off moving funds to GIC

No one knows. Actually, Tangerine lowered their rates... Not only BOC rates states the banks rates, There is many other factors they have to take into consideration

Aug 29th, 2022 12:26 pm

#556

iluvsdadeals: Deal Addict; Dec 27, 2006; 1278 posts; 383 upvotes; Toronto

Aug 29th, 2022 12:26 pm

jgaleazza wrote: ↑Check you insights as there's also the promo interest rate of 3.5% on all savings accounts to Dec 2022. No need to lock into a 6 month or 1 year GIC. There is likely to be another promo at that time. And Interest rates are likely to rise, so you can hold off moving funds to GIC

If you're lucky enough to get this. I haven't and just called into Tangerine to renew my promo rate this morning and best they would offer is 2.85% which is a joke.

Aug 29th, 2022 2:24 pm

#557

DoorCrasher [OP]: Penalty Box; Nov 21, 2013; 8128 posts; 9301 upvotes; Montréal

Aug 29th, 2022 2:24 pm

iluvsdadeals wrote: ↑ If you're lucky enough to get this. I haven't and just called into Tangerine to renew my promo rate this morning and best they would offer is 2.85% which is a joke.

I hate their YMMV deals / rates. You have to beg, and even if you do so it's huge YMMV...