EDIT on Nov 24, 2020: Sadly, the Raptors are out of the NBA Playoffs now. Thus, the promotion has been updated with a new promo code ‘EARNMORE‘. New clients who use that code can still earn 2.10%* interest when they open a Tangerine Savings Account and Chequing Account with a $150* bonus when payroll requirements are met. Offer valid until January 31, 2021.
The 2020 NBA Playoffs have started and the Toronto Raptors, 2019 NBA champions, are hoping to defend their title. The official bank of the Raptors is Tangerine bank and they’ve just introduced an exciting promotion for new clients.
If you become a Tangerine client within 24 hours of a Raptors NBA Playoffs win, you could earn 2.10%* savings interest and
$250* bonus when you add your payroll.
Tangerine Bank is one of the best online banks in Canada. Their chequing account has no fees and offers great features like:
- No fees on everyday banking transactions like debit purchases and bill payments
- Free Interac e‑Transfer® transactions
- Access to 3,500 Scotiabank ATMs at no charge
- First 50 cheques are free.
Also, Tangerine has many types of savings accounts including regular savings account, tax-free savings account (TFSA) and US$ savings account. They all have no fees and competitive interest rates with no minimum balance.
In addition, Tangerine offers mobile banking, money management tools and an excellent, no annual fee cash back credit card.
To learn more details, check out my detailed Tangerine bank review.
How the online promotion works:
To earn the 2.10%
2.15% savings interest rate, follow steps 1-3. Then, follow steps 4-6 to earn the $150 $200 $250 bonus with eligible payroll deposits.
- Become a new Tangerine client online
within 24 hours of a Toronto Raptors NBA 2020 Playoffs win using the promo code RAPTORSWINand enter promo code EARNMORE.
- Open your first eligible Savings Account and Chequing Account within 30 days.
- Earn 2.10% interest in your Savings Account for 5 months (153 days).
- Complete steps 1 to 3.
- Add your payroll—have the first payroll direct deposit in your Chequing Account within 60 days of opening the Account.
- Keep your payroll direct deposits going into your Account for at least 3 straight months and you’ll earn a $150 Bonus after the 3rd month.
Don’t worry, if you’ve entered the promo code RAPTORSWIN during the Playoffs but not within 24 hours of a Raptors win, you can still get a $200 payroll Bonus when you complete all the other steps. Thus, you earn an extra $50 if you apply for the Tangerine accounts 24 hours right after the Raptors win! You can check out the Raptors upcoming games schedule here.
Finally, check out my comprehensive Tangerine bank review to learn the steps and documentation required to open a Tangerine chequing or savings account.
Tangerine bank and the Toronto Raptors are collaborating on a special offer for new Tangerine clients
during the 2020 NBA Playoffs (Go Raptors)!!!
Open a new Tangerine chequing and savings account and you could earn 2.10% savings interest and $150 bonus with eligible payroll deposits for 3 consecutive months using promo code EARNMORE.
Act quickly as the $250 bonus will only last as long as the Raptors are in the NBA Playoffs!!! You’ll only earn $200 bonus if you enter the code RAPTORSWIN at other times during the NBA Playoffs.
Are you going to open a Tangerine account during this promotion? Let me know in the comments below.
*Terms and conditions apply. See the “Legal Stuff” section at the bottom of the Tangerine website.
Affiliate disclaimer: This review is based on my own personal experience with Tangerine and is not sponsored by them. My blog contains referral or affiliate links. I receive a small commission at no additional cost to you. Thank you for your continued support.
Tangerine is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, please visit the Tangerine website.