What is Tangerine's overdraft policy?
Asked a year ago
Tangerine's overdraft policy aims to provide a convenient and flexible solution to its customers during temporary cash flow challenges. Eligible customers can apply for Tangerine's overdraft protection through their chequing account. The overdraft limit is determined based on various factors, including the customer's credit history and banking relationship. Tangerine offers a competitive interest rate on overdraft amounts, calculated daily and charged monthly. However, it's important to note that this service is subject to approval, and customers must meet Tangerine's criteria for eligibility. For further details about Tangerine's overdraft policy, including fees and application process, customers can refer to the specific section on the website or contact Tangerine's customer service representatives.
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