Tangerine bank accounts

Tangerine lets you keep more of your money through competitive rates and sign-up bonuses.

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You didn’t work hard for your money only to spend it on fees. Tangerine offers no-fee banking products that allow you to keep more of your money. Whether you are saving, spending, investing or borrowing, there are a variety of options available, tailored to help you meet your goals faster.


Tangerine offers no minimums, no service charges and no fees, which means you keep more of your money.

  • Savings Account
  • Tax-Free Savings Account
  • RSP Savings Account
  • US$ Savings Account
  • RIF Savings Account
Name Product Interest Rate Promotional Interest Rate Minimum Balance Account Fee
Tangerine TFSA
Earn 2.80% interest in your first Savings Account for 5 months (up to a maximum of $1,000,000) as a new Tangerine client. Offer expires July 30, 2020.
Tangerine RSP
As a new Tangerine client, earn 2.80% interest in your first Savings Account (including RSP) for 5 months up to a maximum of $100,000. Offer expires July 30, 2020.
Tangerine Savings Account
Earn 2.80% interest for 5 months (up to a maximum of $1,000,000) as a new Tangerine client. Offer expires July 30, 2020.

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*The products compared on this page are chosen from a range of offers available to us and are not representative of all the products available in the market. There is no perfect order or perfect ranking system for the products we list on our Site, so we provide you with the functionality to self-select, re-order and compare products. The initial display order is influenced by a range of factors including conversion rates, product costs and commercial arrangements, so please don't interpret the listing order as an endorsement or recommendation from us. We're happy to provide you with the tools you need to make better decisions, but we'd like you to make your own decisions and compare and assess products based on your own preferences, circumstances and needs.

Guaranteed Investment Certificates (GICs)

Knowing your investment is guaranteed and isn’t being eaten up by fees should give you peace of mind when working toward long-term savings goals. Enjoy all the great features of longer terms and some of the best interest rates going.

  • Guaranteed Investment
  • RSP Guaranteed Investment
  • Tax-Free Guaranteed Investment
  • US$ Guaranteed Investment
  • RIF Guaranteed Investment

Business Accounts

Businesses can take advantage of the same great rates, all with no fees or service charges, to reach your business goals faster.

  • Business Savings Account
  • Business US$ Savings Account
  • Business Guaranteed Investment
  • Business US$ Guaranteed Investment


Chequing Account

Tangerine offers a daily no-fee chequing account that not only offers unlimited transactions but also pays you interest on every dollar in your account. With rates of up to 0.65%, your money isn’t just waiting to be spent, it’s helping you reach your goals while it does.


Get started with Tangerine’s online tools and begin building your portfolio so you keep your long-term financial goals on track.

  • Non-Registered Investment Fund
  • Tax-Free Investment Fund
  • RSP Investment Fund
  • RIF Investment Fund

How does it compare to other banks or services?

When it comes to online banks, Tangerine is a leader in the online banking space. Its no-fee chequing and saving accounts, matched with its customer service and the backing of Scotiabank, make them a clear choice.

Why should I open an account at Tangerine?

  • No fees
  • Convenience
  • Great rates

Tangerine offers a variety of products, at no or low fees, all backed by the convenience and trust of a bigger bank.

What should I look out for?

As with any online bank, Tangerine offers less in the traditional relationship department than a bricks-and-mortar bank. It is still available in a variety of ways but lacks the in-person touch a traditional bank can offer.

Tangerine reviews and complaints

Tangerine continues to earn top marks in customer satisfaction and is a perennial favourite among financial bloggers. For example, Tangerine earned the highest ranking in customer satisfaction in its category.

Bottom line

Offering no-fee chequing and savings accounts, flexible options and smart investments, Tangerine is definitely worth considering to keep more of your hard-earned money.

Frequently asked questions

Image: Tangerine

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