Tangerine promotions are popular for offering cash bonuses across savings, chequing, credit cards, and mortgage products.
And if you are already considering opening a Tangerine Bank account, timing your entry to coincide with one of these promotions is the savvy thing to do.
Read on to learn about the best Tangerine promotions available right now and how to get a $300 to $500 bonus from Simplii Financial.
Tangerine Promotions
Tangerine’s promotional offers include the following products:
- Credit cards
- Savings account
- Chequing account
- Mortgages
All these offers are available on a limited-time basis, so pay attention to the end dates to avoid missing out.
Tangerine Credit Card Promotions
You can apply for the no-fee Tangerine Money-Back Credit Card and earn an extra 10% cash back on up to $1,000 spent in your first two months.
This is equivalent to an additional $100 in cash back rewards.
The standard rewards on this card are:
- 2% unlimited cash back in up to 3 categories of spending
- 0.50% unlimited cash back on everything else
This cash back rate alone puts this card on top of my list of the best no annual fee cash back credit cards in Canada.
If you are considering moving your credit card debt to another credit card, this Tangerine credit card also offers a 1.95% balance transfer rate for six months.
Get the Tangerine Money-Back Credit Card or read my full review.
Tangerine Bank Account Promotions
Tangerine’s savings and chequing account promotions go together.
To take advantage of Tangerine’s promotional interest rates and chequing account cash bonus offers, you will need to open two accounts.
To start, sign up for a Tangerine account and enter the Tangerine promo code EARNMORE.
Open a free chequing and savings account and meet the eligibility requirements to get these benefits:
- Welcome cash bonus
- Higher promotional savings rates for a few months
Tangerine Mortgage Promotions
**expired** You could earn up to a $5,000 cash bonus when you get a Tangerine Mortgage. The bonus is deposited in your Tangerine chequing account within 30 days of funding your mortgage.
This Tangerine mortgage promotion is available until October 31, 2022, and applies to new mortgage applications for a home purchase. Your mortgage amount must be at least $350,000, and you should be approved for either a 5-year fixed or variable mortgage rate.
The cash bonus available is as follows:
| Mortgage Amount | Cash Bonus |
| $350,000 to $749,999 | $2,000 |
| $750,000+ | $5,000 |
Get a Tangerine mortgage or read my full review.
Other Canadian Bank Promotions
Simplii Financial
Simplii Financial offers a $300 cash bonus when you open a free chequing account. This account includes unlimited transactions and Interac e-Transfers and has no monthly fee.
To qualify for the offer, you need to add a direct deposit payment of at least $100 for three straight months (examples include your payroll, EI, or pension payments).
Simplii clients can also earn 3.90% interest on their savings for 5 months.
Get more details in this Simplii review.
Neo Financial
Neo Financial is a neobank with a free hybrid account and rewards credit card.
The free Neo Card pays up to 3% cash back when you shop at participating stores. New cardholders also get a $5 bonus when they apply using our exclusive link and deposit $50 or more. You can also learn about other Neo Financial products in this review.
EQ Bank
EQ Bank offers one of the best non-promotional savings rates in Canada at up to 4.00%.
When you add a direct deposit for your paycheque or set up recurring pre-authorized debits, you earn a bonus interest on your balance.
Here’s an EQ Bank review with more details.
