banking with Tangerine (formerly ING)
- Thread starter richaceg
- Start date
I use Presidents choice. Similar deal and use of CIBC bank machines. No fees. And kiosks with live people in grocery stores if you need them. 10 years+ multiple banking things accounts and credit line with no issues in that time.
I use Tangerine....excellent service (if you call they answer very quickly), no fees and interest to boot - earned about $80 just from my business account last year - reserves for Taxes and HST payments etc...my former bank (big 5) charged me to keep a business account open!!
What kind of financial institution that wants to be taken seriously calls itself 'Tangerine'? May as well call it Fisher-Price.
It was bought by BNS last year. They just changed the name to something that would allow them to keep the orange colour.
Me too. I have a high interest savings account at a credit union, which gives me the best rate, which I can transfer to and from easily using the PCF interface. I actually never log in to the credit union, I manage it completely through PCF.
PCF is win, no fees, good web interface, and lots of bank machines.
Starting sometime next month. Currently usoing whats called "The Exchange Network." Credit Union and smaller bank chain ATMs for free.
I've been with Tangerine for a few months now, and that Cheque-In feature fucking rocks! Take a pic of a cheque and deposit it with your phone? So much easier!
That sounds great but I don't have a chequing account with them. I've been using ING/Tangerine as a savings account for rainy days for a decade now, no complaints.
IMO it's not worth saving with such lousy rates. Even Tangerine's 5 year GIC is 2.5%. Take a bit more risk with some good blue chip stocks so you can get at least 3%
True, but I like to keep some savings in cash for an emergency. The rest of my money is locked up in real estate, mutual funds, and the stock market and would take effort to get at in an emergency.
So, while it is a crap rate, a savings account with 1.8 percent was the best crap rate I could find.
I have been moving money out of ING.
My TFSA was making 1.3% and now I am getting 3% at Peoples Trust.
Savings account is 1.8%.
No fees and CDIC member.
http://www.peoplestrust.com/why-peoples-trust/
My TFSA was making 1.3% and now I am getting 3% at Peoples Trust.
Savings account is 1.8%.
No fees and CDIC member.
http://www.peoplestrust.com/why-peoples-trust/
Did you write that on your blackberry or on your Apple?
Someone's mind is in the last century.
Not really. If all you do is deposit, withdraw, maintain a min balance, and use the debit card for POS txns, Fisher-Price Bank will do. For any significant financial work, you'll need to go to a real bank anyway. So why use Fisher-Price Bank in the first place unless you really haven't much money to begin with? Fisher-Price Bank (like Target or now defunct Zellers in Canada) is targeted at the average low-income North American family whose typical monthly bank balance does not exceed $3800.00. Important to note that it is estimated that approx. 25% of North American families have NO SAVINGS whatsoever, and live paycheck to paycheck.
Welcome to 2014. Truth is scary.
