[Rerun]

My wife and I just each opened a savings account there. We each deposited $250 into our accounts and we will each get $50 from Tangerine for opening the accounts. We are each going to open chequing accounts too. Again, Tangerine will pay us $50 each for doing so. Easiest $200 we'll ever make.

The savings account pays 1.30% interest (no minimum balance required and no monthly fees charged) and the chequing account pays 0.25% interest (again no minimum balance required and no monthly fees are charged)

Once we get the $200 paid into our accounts (I think they pay it once the account is open for 30 days) we will merge them into joint accounts (savings and chequing)

This all started because I have about $10,000 in my Scotiabank savings account that I will be using for home renovations over the next year and I wanted something better than the .1% interest that Scotiabank pays for their savings account (they will pay 1.05% if you maintain a minimum balance of $5000 in the account)

And the biggest surprise is... Scotiabank owns Tangerine! And because of that you can make withdrawals from Scotiabank ATMs at no charge from your Tangerine account.