Thursday, October 15, 2020

Current Tangerine Bank Promotions (Updated on Oct 2020)


Tangerine has an update on their 5-month intro offer for the Tangerine Savings Account. New clients can earn 2.15% interest when you open a Tangerine Savings Account and Chequing Account with up to $200 bonus when payroll requirements are met.  The Tangerine core rate for the Tangerine Savings Accounts (Standard, RSP and TFSA) is 0.15% now.  If you want to know more details, please click the "APPLY NOW" link above.

How the online offer works:

To earn 2.15% interest*

1. Click the "APPLY NOW" link above, then click "Sign Me Up" and become a new Client online by Nov 23, 2020 using promo code 'EARNMORE' (for this promotion, you cannot use Tangerine Orange Key)
2. Open your first eligible Savings Account and Chequing Account within 30 days
3. Earn 2.15% interest in your Savings Account for 5 months

To get a payroll Bonus of up to $200*

4. Complete steps 1 to 3
5. Add your payroll - have the first payroll direct deposit in your Chequing Account within 60 days of opening the Account
6. Keep your payroll direct deposits going into your Account for at least 3 straight months and you'll earn a $200 bonus after the 3rd month

Tangerine Bank (a subsidiary of Scotiabank) is one of my favorite Canadian Banks (almost free services with good interest rates):
  • As you may know, Tangerine Bank is a subsidiary of Scotiabank, and you can use Scotiabank ABM for free. 
  • Your first book of 50 cheques is free. And you can also transfer money by Interac e-transfer for free!
  • After the first 5 months, you can open a new EQ Bank Savings Plus Account and move most of your money there:

PS: 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.

BTW, If anyone wants to leave his/her Tangerine Orange Key below, please use the following format ONLY: "My Tangerine Orange Key is: *******. Thanks." Other format will be deleted.