14 Jan
Maximize Savings with Tangerine Bank Cashback Offers
January 14, 2024
Are you looking for a bank that not only helps you save money but also rewards you for your everyday spending? Look no further than Tangerine Bank. Formerly known as ING Direct Canada, Tangerine Bank offers a cashback program that allows you to earn rewards on your purchases, helping you maximize your savings.
With Tangerine Bank’s cashback offers, you can enjoy the benefits of a high-interest savings account while earning money back on your everyday spending. Whether you’re shopping for groceries, paying bills, or treating yourself to a night out, Tangerine Bank rewards you for your financial transactions.
Why settle for a regular bank when you can bank with the best? Tangerine Bank has been recognized as one of the top cashback banks in Canada, offering competitive rewards and exceptional customer service. With their cashback program, you have the opportunity to earn money while you save.
Key Takeaways:
- Earn rewards on your everyday spending with Tangerine Bank’s cashback program
- Maximize your savings with a high-interest savings account
- Tangerine Bank is known as one of the best cashback banks in Canada
- Take advantage of Tangerine Bank’s exceptional customer service
- Start earning money back on your purchases today
How to Set Up an Automatic Transfer with Tangerine Bank
To start earning cashback rewards with Tangerine Bank, you’ll need to set up an Automatic Transfer. This convenient feature allows you to automate your savings and earn rewards effortlessly. Whether you’re saving for a rainy day or a specific goal, Tangerine Bank makes it easy to grow your savings.
To get started, you have two options: using the Tangerine Mobile Banking app or accessing your account through online banking. Both methods offer a user-friendly experience, allowing you to navigate through the steps seamlessly.
Using the Tangerine Mobile Banking App
If you prefer managing your finances on-the-go, the Tangerine Mobile Banking app is the perfect solution. Simply download the app from the App Store or Google Play and log in using your Tangerine Bank credentials.
Once logged in, follow these steps to set up your Automatic Transfer:
- Tap on the “Transfers” icon in the app’s main menu.
- Select “Automatic Transfers” from the available options.
- Choose the account from which you want to transfer funds.
- Enter the amount and frequency for your transfer. Remember, the minimum amount required for the Automatic Transfer is $25 per month for 2 consecutive months.
- Confirm the details of your transfer and click “Set Up” to complete the process.
Using Online Banking
If you prefer managing your finances on a desktop or laptop computer, Tangerine Bank’s online banking platform is the way to go. Accessible through any web browser, it provides the same functionality as the mobile app.
Follow these simple steps to set up your Automatic Transfer:
- Login to your Tangerine Bank account using your username and password.
- Click on the “Transfers” tab in the main menu.
- Select “Automatic Transfers” from the drop-down menu.
- Choose the account you wish to transfer funds from.
- Specify the amount and frequency of your transfer, ensuring it meets the minimum requirements.
- Review the details of your transfer and click “Set Up” to finalize the process.
By setting up your Automatic Transfer, you’ll not only be on your way to earning cashback rewards through Tangerine Bank’s program, but you’ll also be eligible for the $100 cash bonus. Remember to complete the set-up within 60 days of becoming a new Tangerine Bank client to qualify for the bonus.
Remember: Automating your savings with Tangerine Bank’s Automatic Transfer is a simple and effective way to maximize your savings and take advantage of the cashback program. Start earning rewards today and watch your savings grow.
| Benefits of Automatic Transfers with Tangerine Bank | Earn Cashback Rewards | Set and Forget | No Extra Fees |
|---|---|---|---|
| Automate your savings | Maximize your earnings | Stay on track | Save money |
| Easy set-up process | Enjoy cash back on everyday purchases | No need for manual transfers | No monthly fees |
| Flexible transfer options | Reach your savings goals faster | Spend less time managing your finances | No hidden charges |
Eligible Accounts for the Tangerine Bank Cashback Program
The Tangerine Bank cashback program offers rewards on eligible accounts, including Tangerine Investment Fund Accounts, Tax-Free Investment Fund Accounts (TFSA Accounts), and RSP Investment Fund Accounts (RSP Accounts). These accounts provide customers with the opportunity to earn cashback rewards while maximizing their savings. However, it’s important to note that locked-in accounts are not eligible for the Automatic Transfer bonus. Each new client is limited to one Automatic Transfer bonus, regardless of the number of eligible accounts they have.
For joint Tangerine Chequing Accounts, the bonus is paid to the primary account holder. Furthermore, it’s worth mentioning that the Automatic Transfer bonus cannot be combined with any other new client offers, except as otherwise permitted. This ensures that customers receive the full benefits of the cashback program without dilution from other promotional incentives.
Eligible Accounts for Tangerine Bank Cashback Program:
| Eligible Account Types |
|---|
| Tangerine Investment Fund Accounts |
| Tax-Free Investment Fund Accounts (TFSA Accounts) |
| RSP Investment Fund Accounts (RSP Accounts) |
The table above summarizes the eligible account types for the Tangerine Bank cashback program. These accounts allow customers to earn rewards on their everyday spending and contribute to their savings goals. By choosing the right account type, customers can make the most of the cashback program and optimize their financial growth with Tangerine Bank.
Tangerine Bank vs Other Banks’ Cashback Programs
| Bank | Cashback Program |
|---|---|
| Tangerine Bank | Automatic Transfer for 2 consecutive months |
| Bank A | Credit card cashback |
| Bank B | Points-based rewards program |
| Bank C | Flat cashback rate |
“The Tangerine Bank cashback program allows me to earn rewards simply by setting up an Automatic Transfer. It’s a straightforward process that helps me save money while enjoying the benefits of a high-interest savings account. Plus, with no monthly fees and interest on all deposits, Tangerine Bank stands out from other banks.”
As you can see, Tangerine Bank’s cashback program offers a convenient way to earn rewards on your everyday spending. By setting up an Automatic Transfer and meeting the requirements, you’ll receive your $100 cash bonus within 30 days. Start maximizing your savings with Tangerine Bank today!
Conclusion
With Tangerine Bank’s cashback program, you have the opportunity to earn rewarding benefits on your everyday spending. By setting up an Automatic Transfer and meeting the program requirements, you can receive a $100 cash bonus directly deposited into your Tangerine Chequing Account.
Tangerine Bank not only offers a cashback program but also provides a high-interest savings account, making it an ideal platform for maximizing your savings potential. With no monthly fees and interest earned on all deposits, Tangerine Bank ensures that your money works harder for you.
Furthermore, Tangerine Bank provides convenient online banking services, allowing you to manage your finances effortlessly from the comfort of your own home. Whether it’s setting up Automatic Transfers, reviewing your cashback rewards, or exploring other banking services, Tangerine’s online platform offers a seamless and user-friendly experience.
If you’re interested in extending your Tangerine Bank benefits beyond the cashback program, consider exploring their range of credit card options. From the Tangerine Money-Back Credit Card to the Tangerine World Mastercard, these cards provide additional rewards and benefits tailored to suit your financial needs.
Take advantage of Tangerine Bank’s cashback program and start boosting your savings today. With a commitment to customer satisfaction and a range of flexible banking solutions, Tangerine Bank remains a top choice for Canadians looking to maximize their financial well-being.
FAQ
How can I start earning cashback rewards with Tangerine Bank?
To start earning cashback rewards with Tangerine Bank, you’ll need to set up an Automatic Transfer. This can be done easily using the Tangerine Mobile Banking app or through online banking.
What is the minimum amount and frequency required for the Automatic Transfer?
The minimum amount and frequency required for the Automatic Transfer is $25 per month for 2 consecutive months.
Can I earn the $100 cash bonus offered by Tangerine Bank?
Yes, by setting up the Automatic Transfer and completing it within 60 days of becoming a new Tangerine Bank client, you’ll be eligible to earn the $100 cash bonus.
Are all Tangerine Bank accounts eligible for the cashback program?
No, only eligible accounts such as Tangerine Investment Fund Accounts, Tax-Free Investment Fund Accounts (TFSA Accounts), and RSP Investment Fund Accounts (RSP Accounts) are eligible for the cashback program.
Can I receive the Automatic Transfer bonus for multiple eligible accounts?
No, each new client is limited to one Automatic Transfer bonus, regardless of the number of eligible accounts they have.
When will I receive the $100 cash bonus?
Once you have successfully completed the Automatic Transfer for 2 consecutive months, you will receive your $100 cash bonus within 30 days. The bonus will be deposited directly into your Tangerine Chequing Account.
Are Tangerine Bank’s cashback offers a great opportunity to earn rewards?
Yes, Tangerine Bank’s cashback program offers a great opportunity for customers to earn rewards on their everyday spending and maximize their savings.
Source Links
- https://www.tangerine.ca/en/landing-page/earnmore
- https://www.tangerine.ca/en/products/spending/creditcard/money-back
- https://www.tangerine.ca/en/rates/savings-account-rates
