Tuesday, May 28, 2019

Current Tangerine Bank Promotions (updated on May 2019)

Tangerine Bank (a subsidiary of Scotiabank) is one of my favorite Canadian Banks (almost free services with good interest rates). Here are some current Tangerine promotions:
  • You will earn $50 when you open any type of Tangerine Bank Account with a minimum deposit of $250 within 60 days of becoming a Tangerine Client, using a friend’s Orange Key (your friend will get bonus too). And you need to maintain a minimum Account balance of $250 for at least 60 consecutive days starting on the date the initial $250 minimum deposit is made. As you may know, Tangerine Bank is a subsidiary of Scotiabank, and you can use Scotiabank ABM for free. If you want, you can use our Orange Key to open the account: 
  • If you switch your payroll direct deposits to your Tangerine Chequing Account by May 30, 2019; OR switch 2 pre-authorized payments of at least $50 each by May 30, 2019, you will earn $150 bonus.
  • Your first book of 50 cheques is free. And you can also transfer money by email for free!
  • As a new Tangerine client, you can earn interest at 2.75% with Tangerine for six months on all deposits made to your first Tangerine Savings Account, Tax-Free Savings Account, or RSP Savings Account starting the day you open the Account. Normal interest rate is 1.25%. 
  • Tangerine Money-Back MasterCard is officially launched (2% Money-Back Rewards on purchases in two 2% Money-Back Categories of your choice, and 0.5% Money-Back Rewards on all other purchases. If you deposit your Money-Back Rewards into a Tangerine Savings Account, you can get a 3rd 2% Money-Back Category). If you apply for the Tangerine Money-Back Credit Card by July 31, 2019, you can earn 4% Money-Back Rewards in up to 3 chosen categories for your first 3 months, instead of the usual 2%.

For opening Tangerine bank accounts, you can either show your ID at a Canada Post Outlet or at a Tangerine Café, or you can send Tangerine a cheque from your other bank to verify your identity. After you open your Tangerine Bank accounts, you can have your own Orange Key and you can use it to refer your friends.

If you want to apply for the Tangerine Money-Back MasterCard, please click the pic below. Thanks.

Money-Back Credit Card