[Tangerine] Tangerine 2.80% for 5 months for new accounts

Apr 1st, 2020 3:00 pm

#1

ipopov [OP]: Sr. Member; Dec 4, 2005; 516 posts; 702 upvotes; Mississauga

Apr 1st, 2020 3:00 pm

[Tangerine] Tangerine 2.80% for 5 months for new accounts

Retailer:: Tangerine

Tangerine is running a promotion right now for new accounts only.

The 2.80% New Client Interest Rate Offer (the “Offer”) is available to new Tangerine Clients whose Client Number with the Bank was created between April 1, 2020 and July 30, 2020. To receive the Offer, Clients must open an Applicable Account within 90 days of the date their Client Number was created. The Offer applies only to Tangerine Savings Accounts , Tangerine Tax-Free Savings Accounts, Tangerine RSP Savings Accounts, Tangerine RIF Savings Accounts...

It's similar to their 6 months GIC promo but money is not locked.

The link: https://www.tangerine.ca/en/landing-pag ... =000002233

Last edited by ipopov on Apr 2nd, 2020 10:54 am, edited 1 time in total.

Apr 1st, 2020 3:39 pm

#2

2003fxdl: Sr. Member; Mar 10, 2012; 783 posts; 1492 upvotes; PEACHLAND

Apr 1st, 2020 3:39 pm

Is there a limit to the amount you can deposit?

Edit: Max of $1,000,000 according to their site

Apr 1st, 2020 3:51 pm

#3

spy cl: Deal Addict; Sep 3, 2005; 2335 posts; 699 upvotes; Toronto

Apr 1st, 2020 3:51 pm

nm

Apr 1st, 2020 4:21 pm

#4

Messerschmitt: Banned; Jul 17, 2008; 11042 posts; 3877 upvotes

Apr 1st, 2020 4:21 pm

I'd be surprised if nobody has a tangerine account here on RFD by now

+5

Apr 1st, 2020 5:42 pm

#5

Clementinox: Newbie; Dec 23, 2014; 3 posts; 1 upvote; vancouver

Apr 1st, 2020 5:42 pm

There is a $200 bonus if you create a chequing account as well. But you need to setup 2 pre-authorized payments at least $50 each.
Anyone know if i setup a payee on tangerine and set it up to automatically pay lightspeed internet, would that count for pre-authorized payment?
Lightspeed only does it through credit cart apparently not bank account.

Apr 1st, 2020 6:00 pm

#6

gulfan: Member; Jan 8, 2005; 391 posts; 70 upvotes

Apr 1st, 2020 6:00 pm

Existing customer - I called and was given 2.5% until June 30. Better than nothing.

Apr 1st, 2020 6:07 pm

#7

Dunkster: Deal Addict; Nov 17, 2017; 2337 posts; 2866 upvotes

Apr 1st, 2020 6:07 pm

I got an email for 2.5% until June 30 also and I needed to activate the offer.

Public Mobile, Tangerine

Apr 1st, 2020 8:07 pm

#8

Drizzt: Deal Addict; Aug 9, 2007; 1383 posts; 771 upvotes

Apr 1st, 2020 8:07 pm

It is nice that they are offering rates without having to move $ around prior (not on new balances).

Apr 1st, 2020 9:38 pm

#9

bonbon321: Member; Dec 18, 2008; 433 posts; 197 upvotes; Ottawa

Apr 1st, 2020 9:38 pm

Clementinox wrote: ↑There is a $200 bonus if you create a chequing account as well. But you need to setup 2 pre-authorized payments at least $50 each.
Anyone know if i setup a payee on tangerine and set it up to automatically pay lightspeed internet, would that count for pre-authorized payment?
Lightspeed only does it through credit cart apparently not bank account.

Where's this promo listed?

Apr 1st, 2020 10:44 pm

#10

wally_walrus: Deal Addict; Oct 19, 2007; 2180 posts; 1207 upvotes; 45.467253°N, 75.5123…

Apr 1st, 2020 10:44 pm

Drizzt wrote: ↑ It is nice that they are offering rates without having to move $ around prior (not on new balances).

This corroborated with their recently raised GIC rates, makes you wonder... what's up?

Lucky Mobile $20/Month 3GB (unlimited at 128Kbps)

Apr 1st, 2020 10:54 pm

#11

Inno: Deal Fanatic; Feb 5, 2006; 7748 posts; 1639 upvotes; Toronto

Apr 1st, 2020 10:54 pm

bonbon321 wrote: ↑ Where's this promo listed?

There is no link to the promo deal in the OP or elsewhere in this thread.

Found this:

https://www.tangerine.ca/en/landing-pag ... orCarousel

Now that DUCA won't give 3% for deposits anymore, have to find somewhere else to park some cash. This is perfect timing.

Last edited by Inno on Apr 1st, 2020 11:48 pm, edited 1 time in total.

+1

Apr 1st, 2020 11:04 pm

#12

iLoan4: Newbie; Sep 15, 2010; 46 posts; 169 upvotes; Ottawa

Apr 1st, 2020 11:04 pm

bonbon321 wrote: ↑ Where's this promo listed?

I believe this is the link: https://www.tangerine.ca/en/landing-page/switch16
Open the account by April 30, 2020

+2

Apr 2nd, 2020 10:56 am

#13

ipopov [OP]: Sr. Member; Dec 4, 2005; 516 posts; 702 upvotes; Mississauga

Apr 2nd, 2020 10:56 am

bonbon321 wrote: ↑ Where's this promo listed?

Added the link to the first post.

+1

Apr 2nd, 2020 4:15 pm

#14

redflags10: Sr. Member; Jan 24, 2015; 562 posts; 450 upvotes; GTA

Apr 2nd, 2020 4:15 pm

good price

Last edited by redflags10 on Apr 30th, 2022 9:25 pm, edited 1 time in total.

Apr 2nd, 2020 5:34 pm

#15

Inno: Deal Fanatic; Feb 5, 2006; 7748 posts; 1639 upvotes; Toronto

Apr 2nd, 2020 5:34 pm

redflags10 wrote: ↑ they want me to confirm my identity in person? i created an EQ bank account last year and didn't have to do this smh

From 10 feet away I hope!

Where do they have physical locations?

+1

Apr 2nd, 2020 5:45 pm

#16

pauliaK: Sr. Member; Aug 27, 2012; 633 posts; 686 upvotes; Calgary

Apr 2nd, 2020 5:45 pm

This is encouraging. I sure hope I'll be able to get some sort of extension on my 2.5% ending on May 31st.

Apr 2nd, 2020 6:10 pm

#17

redflags10: Sr. Member; Jan 24, 2015; 562 posts; 450 upvotes; GTA

Apr 2nd, 2020 6:10 pm

good price

Last edited by redflags10 on Apr 30th, 2022 9:25 pm, edited 1 time in total.

Apr 2nd, 2020 7:31 pm

#18

JACliffe: Sr. Member; Feb 22, 2018; 506 posts; 884 upvotes; gta

Apr 2nd, 2020 7:31 pm

Hate that it's not new savings account as I just got a debit account with them. No other accounts.

Apr 2nd, 2020 7:34 pm

#19

Sahota187: Newbie; Aug 23, 2007; 43 posts; 16 upvotes

Apr 2nd, 2020 7:34 pm

Tangerine is by far the worst bank to deal with, avoid

Apr 3rd, 2020 8:56 am

#20

vencc: Sr. Member; Aug 24, 2010; 848 posts; 456 upvotes

Apr 3rd, 2020 8:56 am

Sweet. I just missed out on the 6 month GIC for 2.8% but this is a much better deal since my money isn’t locked. Just moved most of my emergency fund right into a TFSA. I’m assuming that we can’t double dip the 2.8% + investing it into a 6 month GIC at 2.2% correct?