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  1. #1
    CaNewbie
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    1
    If you open an account with Tangerine (formerly ING) using this orange key 41374713s1 you will not only get a no monthly fee 1.3% interest savings account, you will also have 50$ deposited in that account within 48 hours of you initial deposit (100$ minimum deposit to get your 50$)

    Highlights :
    No monthly fee, absolutely free account ;
    1.3% interest rate with no minimal balance
    50$ welcome gift when initial deposit is 100$ or more (only with orange key above)

    So who wants 50$ ??

    http://www.tangerine.ca/en/index.html
    This thread is currently associated with: N/A


  2. #2
    CaNewbie
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    Forgot to mention I also use tangerine as a saving account for my daughter. Children savings accounts pay 1.5% interest rate. So basically, 40$ a month will give me 8 078.78 by the time she's 17 to help pay for her studies. Surprisingly, that's more than my RESP will give me even with government contributions.

  3. #3
    Junior Canuck
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    I was tempted to go with Tangerine - but their rate of 1.5% is unfortunately less than https://www.canadiandirectfinancial.com/Personal/Rates/ - who offers GREAT rates on TFSA with as little as a $50 balance

  4. #4
    Junior Canuck
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    Quote Originally Posted by kllmoon View Post
    Surprisingly, that's more than my RESP will give me even with government contributions.
    Can you not register your RESP through Tangerine?

  5. #5
    CaNewbie
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    No I got my resp thrue another institution and trust me I shopped around. Fees are insane and like I said when you make more than poverty, the government contributions are low. For me its just not worth it to give away my interest and my gains.

    And the 1.5% is for a children savings account. TFSA's are also available at tangerine and interest rates vary accordingly to the risk factor you choose.

    P.s. the bonus for the orange key is mutual and my part will go on my daughters savings account.

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