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Thread: Up to 3% interest - Tangerine Bank- exp. June 2016

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    Mastermind Shwa Girl's Avatar
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    Expired on: Tue, Aug 16th, 2016
    Some get 1.2% savings interest. Some get 2%. Some get 3% interest.
    Until June 2016
    Savings accounts

    The Tangerine Bank (the "Bank") Limited Time Interest Offer of x.xx% (the "Offer") has been calculated based on interest rates current as of January 02, 2016 and is available to existing Tangerine Clients who receive notification that they are eligible for the Offer from a Tangerine Contact Centre Associate and who verbally accept the Offer ("Eligible Clients"). The Offer is available to Eligible Clients on all eligible deposits for a period of 180 days from the date they accept the Offer (the "Promotion Period") to a maximum of $500,000 in deposits to all Tangerine Savings Accounts combined (CDN dollar, non-registered Accounts only; herein referred to as "Applicable Accounts"). It is not applicable on any other Account types, including (but not limited to) the Tangerine RSP Savings Account ("RSP Savings"), Tangerine Tax-Free Savings Account ("TFSA Savings"), Tangerine RIF Savings Account ("RIF Savings"), Tangerine US$ Savings Account, Tangerine Business Savings Account, Tangerine US$ Business Savings Account, or Tangerine Children's Savings Account ("CSA").
    Interest is calculated daily and paid monthly for both the Posted Rate interest payments and the Additional Interest payments.

    Both Additional Interest and Posted Rate interest payments will be calculated based on the same balance for the month of July, despite the fact that the Posted Rate interest is paid on July 31, 2015, one day before the Additional Interest is paid.). Any Applicable Account closed prior to the payment of Additional Interest will forfeit any Additional Interest calculated during the month in which the Applicable Account is closed
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    applies to new deposits, not existing deposits in savings
    not every customer gets an offer, but in the past, when we did not get an offer, we called and asked for the offer
    we were successful on the third call, calling daily and asking a note put on our account that were were disappointed that as a long time customer, we did not get the offer
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    That is a good rate, I am getting 2.5% until the end of May and then I will look for another home for our money!
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    Mastermind Shwa Girl's Avatar
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    Tangerine is not as good as ING was. Tangerine should not give some people 3% and give other customers a lower rate. Should be equal for all.
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    I think it's silly it's not the Same for all, both dh and I have the 3 % offer, I am going to just move it from one account to another to see if we get the bonus. We have a chunk just waiting until we buy the new car.
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    Tangerine seems to target individual clients. Only some people receive this 3% rate offer. As new clients you do get 2.4% for 6 months though.
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    Quote Originally Posted by Escargo View Post
    Tangerine seems to target individual clients. Only some people receive this 3% rate offer. As new clients you do get 2.4% for 6 months though.
    Tangerine is playing a game.
    We play the game but write our own rules. We will transfer to President's Choice Financial if their rate is better. Plus there are new players too: EQ bank is one, offering 3%

    At least people have more choices.
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    Quote Originally Posted by Shwa Girl View Post
    applies to new deposits, not existing deposits in savings
    not every customer gets an offer, but in the past, when we did not get an offer, we called and asked for the offer
    we were successful on the third call, calling daily and asking a note put on our account that were were disappointed that as a long time customer, we did not get the offer
    Were you - or has anyone else been - able to get the rate applied retroactively? Drives me crazy when they give different rates like that and don't seem to care about customer loyalty.

    Silk

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    I haven't tried. But if you want to call them up to ask, it might be useful to know that Tangerine has this 3% rate posted on their website at

    https://www.tangerine.ca/en/landing-...s2016/234.html
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    Mastermind Shwa Girl's Avatar
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    Quote Originally Posted by Escargo View Post
    I haven't tried. But if you want to call them up to ask, it might be useful to know that Tangerine has this 3% rate posted on their website at

    https://www.tangerine.ca/en/landing-...s2016/234.html
    Thanks.
    There is an asterisk after the rate information. Can't find what the asterisk fine print states.
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    Oh just click on "Stuff the Tangerine lawyers made us say" at the bottom.
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    Quote Originally Posted by Escargo View Post
    Oh just click on "Stuff the Tangerine lawyers made us say" at the bottom.
    thanks again
    so we did get 3%: 0.8% (regular) + 2.2% (spring savings)
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    Quote Originally Posted by Shwa Girl View Post
    thanks again
    so we did get 3%: 0.8% (regular) + 2.2% (spring savings)
    That is good if it doesn't say available to new customers only, then you should be able to get it!
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    Quote Originally Posted by Colsgirl View Post
    That is good if it doesn't say available to new customers only, then you should be able to get it!
    This offer is available to 'new' and 'old' customers, this time.

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    Quote Originally Posted by Shwa Girl View Post
    This offer is available to 'new' and 'old' customers, this time.
    how many phone calls did it take you? I am on my first one (fingers crossed) thanks Shwa for the post.
    Thinking of opening an ING account use this number 35728975S1 and both of us get a $50!! dollar bonus.

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