[Banking Brag]2.5% at PCF & 2% at "ING"-- You're richer than you think

[Shwa Girl]

Step 1: Went to President's Choice Financial website and saw a promotion for 2.5% interest on RRSP and TFSA account.
http://forum.smartcanucks.ca/412345-...2016-a-canada/
Step 2: Went in to PCF Bank and got 2.5% interest- Jan. to March.
Step 3: Called Tangerine Bank and asked them to match PCF's rate(formerly ING Direct).
Got a "No"
Asked them what they can do, to give us a higher rate.
Step 4: Got 2.0% interest on saving account - January to June.

If you don't ask, you don't get.
Nice way to start 2016, richer than 2015

[elayjosh]

did you get it on your regular savings account with tangerine?

[Candini]

Oooh. I know what I`ll be doing this week.

[mandy403]

What a great way to start the New year with savings!!!

[Shwa Girl]

did you get it on your regular savings account with tangerine?

@elayjosh , yes. Tangerine regular savings account rate received is 2.0%. PCF registered accounts (tfsa and rrsp) received 2.5%. Hope you get the higher rates too

[elayjosh]

@elayjosh, yes. Tangerine regular savings account rate received is 2.0%. PCF registered accounts (tfsa and rrsp) received 2.5%. Hope you get the higher rates too

Thanks I wasn't sure if you only got it on registered accounts

[lilsmithy]

Did you already have your Tangerine account, or you joined and got the promotion? I already have an account and wondered if it was worth calling.

[Shwa Girl]

Did you already have your Tangerine account, or you joined and got the promotion? I already have an account and wondered if it was worth calling.

Yes. Call. It won't hurt to try.
Yes. We already were existing Tangerine Bank customers.

[ClipClap]

Is this rate for only if you deposit new money into a TFSA and RRSP?

Oooh. I know what I`ll be doing this week.

Did you call them and were able to get a higher rate too?

[Shwa Girl]

Is this rate for only if you deposit new money into a TFSA and RRSP?




Did you call them and were able to get a higher rate too?

President's Choise 2.5% rate is for the Tax Free Savings Account and the Registered Retirement Savings Account only.

Calling Tangerine Bank to get a better rate, can't hurt. All they can say is no. But we got 2% on the Savings account until June. They did not have anything for the TFSA or RRSP accounts. Yet.

[Shirnette]

Those are my two faav banks..wtg...I'll be looking into this as well.

[Shwa Girl]

Those are my two faav banks..wtg...I'll be looking into this as well.

I agree.

No fees and half decent interest rates. Compared to the big banks who give you lots of fees but not lots of interest.

Went to TD Bank to get a bit of US cash. They tried to get me to get a US dollar account.
Asked the what was the fee. They said no fee, but you have to keep a thousand there.

I asked what was the interest. They avoided that question and try to sell, saying that the peace of mind knowing that you have a great exchange rate is the key.

I asked them which TD account they recommended. She was quiet then-- they could not answer that question.