In addition, the June promotion offers a cash $25 bonus if you deposit at least $100. You’d actually earn a bit more because interest is paid monthly, and after it’s paid, you’ll earn interest on your interest. If you deposit and keep a $1000 balance in your Savings account for 6 months, you would earn about $12 in interest. They are also offering a $50 bonus if you sign up using another person’s Orange Key, even if you only deposit $100.Īt first, it seems like the higher interest is the best deal. ![]() Right now, in June 2016, Tangerine is offering a promotional interest rate for the first 6 months of 2.4% for money in a Tangerine Savings Account. Is It Better to Get 2.4% Interest for 6 Months or $50 in Cash for Opening My First Tangerine Account Ever? (There is a scannable bar code the post office uses to start the procedure.) You don’t need a printer, though, if you don’t have one.
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