Thursday, February 11, 2021

Current Tangerine Bank Promotions (Updated on Feb 2021)


Updated on Feb 12, 2021: This is a targeted offer. With the March 1st RSP deadline fast approaching, you can take advantage of this online-only offer and earn a 1.75% interest rate until June 30, 2021 on new deposits to a Tangerine RSP Savings Account. Plus, Tax-Free Savings Accounts and non-registered Tangerine Savings Accounts (including US$) also qualify for this rate, up to $1,000,000 per Applicable Account Type. You need to activate this offer by Feb 28, 2021.

Deal Link: https://www.tangerine.ca/en/landing-page/earnmore
Expiry: Jan 31, 2021 Apr 30, 2021

Tangerine has an update on their 5-month intro offer for the Tangerine Savings Account. New clients can earn 2.1% interest when you open a Tangerine Savings Account and Chequing Account with up to $150 bonus when payroll requirements are met.  The Tangerine core rate for the Tangerine Savings Accounts (Standard, RSP and TFSA) is 0.1% now.  If you want to know more details, please click the "APPLY NOW" link above.

How the online offer works:
  1. Click the "APPLY NOW" link above, then click "Sign Me Up" and become a new Client online by Apr 30, 2021 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, and you’ll earn 2.10% interest in your Savings Account for 5 months.
  3. Add your payroll and have the first payroll direct deposit in your Chequing Account within 60 days of opening the Account. Keep it going for at least 3 straight months and you’ll earn a $150 Bonus after the 3rd month. 

If you cannot meet the requirements for the $150 bonus (for example, you cannot add your payroll direct deposits in Tangerine), you can open a new Tangerine account with Tangerine Orange Key. Then you can earn a $50 Bonus with an initial deposit of at least $250 within 60 days of becoming a Client and meet other conditions (Note: this $50 bonus cannot be combined with the $200 bonus above). Because each person can only have up to 3 referral per year, we don't want to provide our Orange Key here. If you need a Orange Key, please send us email: canadianrewards@gmail.com, thanks.

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: https://www.canadianrewards.net/2019/05/eq-bank-savings-plus-account.html

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.