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Old 09-12-2014, 08:16 AM   #4
subordinate
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Quote:
Originally Posted by gerber View Post
sounds like OP works for tangerine

you know what they say "nothings ever free", well both the referral and direct deposit "bonuses" actually are basically free however pretty mediocre

the 3% promo interest rate is basically irrelevant considering todays already the 11th, and all of the major banks already have the mobile cheque depositing feature on the way as we speak

definitely not enough to make anyone who already has an established banking relationship elsewhere suddenly switch over to tangerine

not to mention theres also always going to be that added stigma or security of banking with one of the big 5 (TD, RBC, etc.)

nothing against tangerine tho
....... Sorry but you lost me at mediocre. Here's my opinion.

1. Tangerine, formerly ING Direct, is owned now by Scotiabank (BNS) or as you refer it. A big five.

2. Mediocre bonus? Even if you don't want a long lasting relationship with this bank, signing up takes as little as 10 minutes for 50 dollars. Temporarily transfer your payroll for another total of 60? 110 dollars?

I see more people drooling over the free Costco Membership, which involves a lot more work. And Costco isn't even that great.

No fees/charges with Tangerine, you can cancel any time.

3. I brought this up on Sept 4th, so one had plenty of time for the 3%. You have a couple choices now, PC Financial has 3.1 and Tangerine has 3.

Yes, these rates aren't even that great, but if you have cash lying around waiting on a deal for a car or house or waiting for the stock market to come down. Taking a couple minutes to EFT the money to a savings account is considered a hassle?

Quote:
Originally Posted by TOS'd View Post
OP, is that a referral link in your post for me to sign up with?
Nope, I pm'ed you the code. Easy 50 bucks if anyone was thinking of signing up anyways. In addition, there's a promotion right now, if you refer up to three friends, you get an additional 100.


And then there's that CIBC promotion on RFD for 400 dollars free, but nevermind, guess too many people think it's a hassle. Everyone's a millionaire except me
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