{"id":857977,"date":"2024-11-19T18:52:51","date_gmt":"2024-11-19T23:52:51","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=857977"},"modified":"2026-11-02T19:36:39","modified_gmt":"2026-11-03T00:36:39","slug":"simplii-vs-tangerine","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/banking\/simplii-vs-tangerine","title":{"rendered":"Simplii vs Tangerine: Which bank is better?"},"content":{"rendered":"<p>Simplii Financial and Tangerine are both digital banks owned by Big Five banks\u2014Simplii by CIBC and Tangerine by Scotiabank. The similarities don\u2019t end there, with the two banks offering many of the same financial products and services to Canadians.<\/p><p>So, which bank is better\u2014Simplii or Tangerine? Keep reading to compare Simplii vs. Tangerine head-to-head and decide which one is right for you.<\/p><div class=\"keyTakeaways\">\n  <div class=\"keyTakeaways__header\">\n          <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"32\" height=\"21\" viewbox=\"0 0 314.16 201.03\" fill=\"none\">\n  <path d=\"M212.32,190.62c-19.66,0-38.8-6.44-54.42-18.24-15.63,11.79-34.77,18.24-54.42,18.24-49.84,0-90.39-40.55-90.39-90.39V9.83h199.24c49.84,0,90.39,40.55,90.39,90.39s-40.55,90.39-90.39,90.39Z\" fill=\"white\"><\/path>\n  <path d=\"M212.32,15.9c46.57,0,84.33,37.75,84.33,84.33h0c0,46.57-37.75,84.33-84.33,84.33h0c-20.75,0-39.74-7.51-54.42-19.94-14.69,12.43-33.68,19.94-54.42,19.94h0c-46.57,0-84.33-37.75-84.33-84.33V15.9h193.18M212.32,3.76H7.01v96.46c0,53.19,43.27,96.46,96.46,96.46,19.47,0,38.46-5.92,54.43-16.84,15.96,10.91,34.95,16.84,54.42,16.84,53.19,0,96.46-43.27,96.46-96.46S265.51,3.76,212.32,3.76h0Z\" fill=\"#232320\"><\/path>\n  <path d=\"M216.34,90.21c.19-1.69,1.76-2.87,3.43-2.6,11.91,1.94,22.41-7.31,20.93-20.1-.45-3.93-2.28-6.56-4.43-9.31-1.05-1.35-.74-3.34.71-4.26,15.6-9.82,31.64-1.91,40.78,13.29,11.21,18.64,11.54,47.15.53,65.94-15.41,26.3-42.91,23.48-56.04-3.04-6.09-12.29-7.47-26.4-5.92-39.93Z\" fill=\"#232320\"><\/path>\n  <path d=\"M105.92,90.21c.19-1.69,1.76-2.87,3.43-2.6,11.91,1.94,22.41-7.31,20.93-20.1-.45-3.93-2.28-6.56-4.43-9.31-1.05-1.35-.74-3.34.71-4.26,15.6-9.82,31.64-1.91,40.78,13.29,11.21,18.64,11.54,47.15.53,65.94-15.41,26.3-42.91,23.48-56.04-3.04-6.09-12.29-7.47-26.4-5.92-39.93Z\" fill=\"#232320\"><\/path>\n<\/svg>        <h3 data-toc=\"false\">Key takeaways<\/h3>\n  <\/div>\n\n    <ul>\n          <li>Simplii and Tangerine both offer no-fee chequing accounts with unlimited transactions, but Tangerine has a larger ATM network, while Simplii charges slightly less for overdraft protection.<\/li>\n          <li>Simplii offers the better savings account, with a higher introductory rate of 5% for the first 5 months and tiered ongoing rates of up to 1.00%, compared with Tangerine\u2019s 4.5% for the first 5 months promo rate and 0.3% ongoing rate.<\/li>\n          <li>For additional products and features, Tangerine offers a better selection of credit cards and investment options, while Simplii has the edge for personal loans and international money transfers.<\/li>\n      <\/ul>\n\n  \n  <\/div>\n<h3>Simplii vs. Tangerine: An overview<\/h3><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 20%;\" scope=\"col\"><\/th><th style=\"text-align: left; width: 40%;\" scope=\"col\">Simplii Financial<\/th><th style=\"text-align: left; width: 40%;\" scope=\"col\">Tangerine<\/th><\/tr><\/thead><tbody><tr><td><strong>Owned by<\/strong><\/td><td>CIBC<\/td><td>Scotiabank<\/td><\/tr><tr><td><strong>Chequing account monthly fee<\/strong><\/td><td>$0<\/td><td>$0<\/td><\/tr><tr><td><strong>Savings interest rate<\/strong><\/td><td>Promo rate: 5% for the first 5 months<div class=\"has-padding-xsmall\"><\/div><p>Ongoing rate:<\/p><ul><li>$50,000 or less: 0.3%<\/li><li>$50,000.01 \u2013 $100,000: 0.5%<\/li><li>$100,000.01 \u2013 $500,000: 0.6%<\/li><li>$500,000.01 \u2013 $1 million: 0.7%<\/li><li>Over $1 million: 1.00%<\/li><\/ul><\/td><td>Promo rate: 4.5% for the first 5 months<p>\u00a0<\/p><p>Ongoing rate: 0.3%<\/p><\/td><\/tr><tr><td><strong>Apple App Store rating<\/strong><\/td><td>4.1\/5 based on 13K reviews<\/td><td>4.7\/5 based on 76K reviews<\/td><\/tr><tr><td><strong>Google Play rating<\/strong><\/td><td><div id=\"message-list_1753475541.866869\" class=\"c-virtual_list__item\" tabindex=\"0\" role=\"listitem\" aria-setsize=\"-1\" data-qa=\"virtual-list-item\" data-item-key=\"1753475541.866869\"><div class=\"c-message_kit__background c-message_kit__background--hovered p-message_pane_message__message c-message_kit__message\" role=\"presentation\" data-qa=\"message_container\" data-qa-unprocessed=\"false\" data-qa-placeholder=\"false\"><div class=\"c-message_kit__hover c-message_kit__hover--hovered\" role=\"document\" aria-roledescription=\"message\" data-qa-hover=\"true\"><div class=\"c-message_kit__actions c-message_kit__actions--default\"><div class=\"c-message_kit__gutter\"><div class=\"c-message_kit__gutter__right\" role=\"presentation\" data-qa=\"message_content\"><div class=\"c-message_kit__blocks c-message_kit__blocks--rich_text\"><div class=\"c-message__message_blocks c-message__message_blocks--rich_text\" data-qa=\"message-text\"><div class=\"p-block_kit_renderer\" data-qa=\"block-kit-renderer\"><div class=\"p-block_kit_renderer__block_wrapper p-block_kit_renderer__block_wrapper--first\"><div class=\"p-rich_text_block\" dir=\"auto\"><div class=\"p-rich_text_section\">4.3\/5 based on 18.7K reviews<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/td><td>4.3\/5 based on 48.8K reviews<\/td><\/tr><tr><td><strong>CDIC insured?<\/strong><\/td><td>Yes<\/td><td>Yes<\/td><\/tr><tr><td><strong>Products summary<\/strong><\/td><td><ul><li>No-fee daily chequing account<\/li><li>High-interest savings account<\/li><li>USD savings accounts<\/li><li>Cash back credit card<\/li><li>Mortgages through CIBC<\/li><li>Personal loan<\/li><li>Personal and secured lines of credit<\/li><li>GICs<\/li><li>RRSPs, TFSAs, RESPs, RRIFs and mutual fund accounts<\/li><li>Global Money Transfers<\/li><\/ul><\/td><td><ul><li>No-fee daily chequing account<\/li><li>Savings account<\/li><li>USD savings account<\/li><li>Cash back credit cards<\/li><li>Mortgages<\/li><li>Personal lines of credit and HELOCs<\/li><li>RSP loan<\/li><li>GICs and mutual funds<\/li><li>TFSAs, RSPs, RIFs, LIRAs and LIFs<\/li><li>Non-registered investment fund account<\/li><li>Business accounts<\/li><\/ul><\/td><\/tr><tr><td><strong>Notable differences<\/strong><\/td><td><ul><li>International money transfer service<\/li><li>Newcomer, student and international student banking programs<\/li><\/ul><\/td><td><ul><li>CAD and USD business savings accounts<\/li><li>CAD and USD business GICs<\/li><\/ul><\/td><\/tr><tr><td style=\"text-align: left;\"><b>Get started<\/b><\/td><td>Simplii No Fee Chequing Account:<section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/simplii-no-fee-chequing-account-ca-chequing-accounts-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22bc9cfba9-5ce5-4aae-88de-f139bcac33e0%22%2C%22product_name%22%3A%22Simplii%2BNo%2BFee%2BChequing%2BAccount%22%2C%22offer_id%22%3A%2221492%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%22857977%22%2C%22post_path%22%3A%22banking%252Fsimplii-vs-tangerine%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section>Simplii High Interest Savings Account:<section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/savings-accounts\/simplii-high-interest-savings-account-ca-savings-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22784d7307-f7d0-47ba-8b65-f6db8d03436d%22%2C%22product_name%22%3A%22Simplii%2BHigh%2BInterest%2BSavings%2BAccount%22%2C%22offer_id%22%3A%2221491%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA%22%2C%22post_id%22%3A%22857977%22%2C%22post_path%22%3A%22banking%252Fsimplii-vs-tangerine%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><td>Tangerine No-Fee Daily Chequing Account:<section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/tangerine-chequing-account-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%229a3738f9-8b59-40df-afb9-0892ea7f99a5%22%2C%22product_name%22%3A%22Tangerine%2BNo-Fee%2BDaily%2BChequing%2BAccount%22%2C%22offer_id%22%3A%2226268%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%22857977%22%2C%22post_path%22%3A%22banking%252Fsimplii-vs-tangerine%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section>Tangerine Savings Account:<section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/savings-accounts\/tangerine-savings-account-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22b018d030-a7af-47a6-ae85-84ed4c42f7cb%22%2C%22product_name%22%3A%22Tangerine%2BSavings%2BAccount%22%2C%22offer_id%22%3A%2226269%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA%22%2C%22post_id%22%3A%22857977%22%2C%22post_path%22%3A%22banking%252Fsimplii-vs-tangerine%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><\/tr><\/tbody><\/table><p>Tangerine and Simplii Financial are two of Canada\u2019s most <a href=\"https:\/\/www.finder.com\/ca\/digital-banking\/best-online-banking-canada\">popular digital banks<\/a>. Tangerine is the older of the two, having been founded in 1997 as ING Direct Canada. It was acquired by Scotiabank in 2012 and soon adopted its current name. Simplii Financial was founded in 2017 and is a division of CIBC.<\/p><p>These online-only providers don\u2019t have any physical branches, but both offer user-friendly online and mobile banking platforms to make it easy to manage your money. Thanks to their Big Five parent banks, both provide fee-free access to large nationwide ATM networks.<\/p><p>Simplii and Tangerine also offer quite a similar range of products and services. Both have no-fee chequing accounts, savings accounts with high promo interest rates, at least one cash back credit card, GICs and registered accounts.<\/p><p>But there are a few key differences to consider when deciding between Simplii or Tangerine, so let\u2019s break down how they compare across a host of key categories.<\/p><h3>Simplii vs. Tangerine: Chequing accounts<\/h3><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 20%;\" scope=\"col\"><\/th><th style=\"text-align: left; width: 40%;\" scope=\"col\">Simplii Financial No Fee Chequing Account<\/th><th style=\"text-align: left; width: 40%;\" scope=\"col\">Tangerine No-Fee Daily Chequing Account<\/th><\/tr><\/thead><tbody><tr><td><strong>Monthly transactions<\/strong><\/td><td>Unlimited<\/td><td>unlimited<\/td><\/tr><tr><td><strong>Monthly fee<\/strong><\/td><td>$0<\/td><td>$0<\/td><\/tr><tr><td><strong>Minimum balance<\/strong><\/td><td>$0<\/td><td>$0<\/td><\/tr><tr><td><strong>Interac e-Transfers<\/strong><\/td><td>$0<\/td><td>$0<\/td><\/tr><tr><td><strong>Overdraft protection<\/strong><\/td><td>$4.97 per month when used.<br>Interest rate of 19% on overdraft balances.<br>Up to $5,000 protection available.<\/td><td>$5 per use.<br>Interest rate of 19% on overdraft balances.<br>Up to $5,000 protection available.<\/td><\/tr><tr><td><strong>ATM access<\/strong><\/td><td>Over 2,800 CIBC ATMs<\/td><td>Over 3,500 Scotiabank ABMs<\/td><\/tr><tr><td><strong>Mobile cheque deposit<\/strong><\/td><td>Yes<\/td><td>Yes<\/td><\/tr><tr><td style=\"text-align: left;\"><b>Get started<\/b><\/td><td>Simplii No Fee Chequing Account:<section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/simplii-no-fee-chequing-account-ca-chequing-accounts-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22bc9cfba9-5ce5-4aae-88de-f139bcac33e0%22%2C%22product_name%22%3A%22Simplii%2BNo%2BFee%2BChequing%2BAccount%22%2C%22offer_id%22%3A%2221492%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%22857977%22%2C%22post_path%22%3A%22banking%252Fsimplii-vs-tangerine%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><td>Tangerine No-Fee Daily Chequing Account:<section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/tangerine-chequing-account-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%229a3738f9-8b59-40df-afb9-0892ea7f99a5%22%2C%22product_name%22%3A%22Tangerine%2BNo-Fee%2BDaily%2BChequing%2BAccount%22%2C%22offer_id%22%3A%2226268%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%22857977%22%2C%22post_path%22%3A%22banking%252Fsimplii-vs-tangerine%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><\/tr><\/tbody><\/table><p>The Simplii Financial No Fee Chequing Account and the Tangerine No-Fee Daily Chequing Account are almost impossible to split. Both support unlimited monthly transactions and have no monthly fee or minimum balance requirement. Both also offer overdraft protection, user-friendly mobile banking apps and handy features like mobile cheque deposits.<\/p><p>Ultimately, choosing between these accounts might come down to something as simple as which provider has more ATMs near you or which mobile banking app you find easier to use.<\/p><h4><img decoding=\"async\" class=\" wp-image-1043803 alignleft\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png\" alt=\"Award icon\" width=\"50\" height=\"50\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png?fit=150 150w\" sizes=\"(max-width: 150px) 100vw, 150px\" loading=\"lazy\">Who\u2019s the winner?<\/h4><p><strong>It\u2019s a tie.<\/strong> Both Simplii and Tangerine offer equally good chequing account options.<\/p><h3>Tangerine vs. Simplii: Savings accounts<\/h3><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 20%;\" scope=\"col\"><\/th><th style=\"text-align: left; width: 40%;\" scope=\"col\">Simplii Financial High Interest Savings Account<\/th><th style=\"text-align: left; width: 40%;\" scope=\"col\">Tangerine Savings Account<\/th><\/tr><\/thead><tbody><tr><td><strong>Standard interest rate<\/strong><\/td><td><ul><li>$50,000.01 or less: 0.3%<\/li><li>$50,000 \u2013 $100,000: 0.5%<\/li><li>$100,000.01 \u2013 $500,000: 0.6%<\/li><li>$500,000.01 \u2013 $1 million: 0.7%<\/li><li>Over $1 million: 1.00%<\/li><\/ul><\/td><td>0.3%<\/td><\/tr><tr><td><strong>Promo rate<\/strong><\/td><td>5% for the first 5 months<\/td><td>4.5% for the first 5 months<\/td><\/tr><tr><td><strong>Monthly fee<\/strong><\/td><td>$0<\/td><td>$0<\/td><\/tr><tr><td style=\"text-align: left;\"><b>Get started<\/b><\/td><td>Simplii High Interest Savings Account:<section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/savings-accounts\/simplii-high-interest-savings-account-ca-savings-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22784d7307-f7d0-47ba-8b65-f6db8d03436d%22%2C%22product_name%22%3A%22Simplii%2BHigh%2BInterest%2BSavings%2BAccount%22%2C%22offer_id%22%3A%2221491%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA%22%2C%22post_id%22%3A%22857977%22%2C%22post_path%22%3A%22banking%252Fsimplii-vs-tangerine%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><td>Tangerine Savings Account:<section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/savings-accounts\/tangerine-savings-account-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22b018d030-a7af-47a6-ae85-84ed4c42f7cb%22%2C%22product_name%22%3A%22Tangerine%2BSavings%2BAccount%22%2C%22offer_id%22%3A%2226269%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA%22%2C%22post_id%22%3A%22857977%22%2C%22post_path%22%3A%22banking%252Fsimplii-vs-tangerine%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><\/tr><\/tbody><\/table><p>It\u2019s once again quite difficult to split Simplii vs. Tangerine, this time in terms of savings accounts. But the Simplii High Interest Savings Account offers a slightly higher ongoing interest rate compared to the standard Tangerine savings rate.<\/p><p>And with a tiered rate structure that allows you to earn higher rates on larger balances, Simplii takes a narrow win here.<\/p><h4><img decoding=\"async\" class=\" wp-image-1043803 alignleft\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png\" alt=\"Award icon\" width=\"50\" height=\"50\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png?fit=150 150w\" sizes=\"(max-width: 150px) 100vw, 150px\" loading=\"lazy\"><\/h4><h4>Who\u2019s the winner?<\/h4><p><strong>Simplii Financial<\/strong>. Although it and Tangerine offer competitive promo rates, Simplii\u2019s tiered interest rate structure wins out in the end.<\/p><h3>Simplii vs. Tangerine: Credit cards<\/h3><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"width: 12%;\" scope=\"col\"><\/th><th style=\"width: 22%;\" scope=\"col\">Simplii Financial Cash Back Visa<\/th><th style=\"width: 22%;\" scope=\"col\">Tangerine Money-Back Credit Card<\/th><th style=\"width: 22%;\" scope=\"col\">Tangerine Money Back World Mastercard<\/th><th style=\"width: 22%;\" scope=\"col\">Tangerine Rewards World Elite Mastercard<\/th><\/tr><\/thead><tbody><tr><td><strong>Annual fee<\/strong><\/td><td>$0<\/td><td>$0<\/td><td>$0<\/td><td>$120<\/td><\/tr><tr><td><strong>Purchase interest rate<\/strong><\/td><td>21.99%<\/td><td>20.95%<\/td><td>20.95%<\/td><td>20.95%<\/td><\/tr><tr><td><strong>Rewards<\/strong><\/td><td>Promo for the first 3 months: Up to 8% cash back (up to $80) when you spend up to $1,000 at restaurants, bars and coffee shops during the first 3 months<div class=\"has-padding-xsmall\"><\/div><p>Standard earn rate:<\/p><ul><li>4% cash back on eligible restaurant, bar and coffee shop purchases up to $5,000 per year<\/li><li>1.5% on eligible gas, groceries, drugstore purchases and pre-authorized payments up to $15,000 per year<\/li><li>0.5% on all other credit card purchases (unlimited)<\/li><\/ul><p>Other rewards<\/p><ul><li>Free Skip+ membership<\/li><li>Purchase Security and Extended Protection Insurance<\/li><\/ul><\/td><td>Promo for the first 2 months: Bonus 10% cash back up to $100<div class=\"has-padding-xsmall\"><\/div><p>Standard earn rate:<\/p><ul><li>Unlimited 2% cash back in 2 spending categories of your choice<\/li><li>0.5% cash back on everything else<\/li><li>Get a third 2% cash back spending category when your cash back rewards are automatically deposited into a Tangerine Savings Account<\/li><\/ul><p>Other rewards:<\/p><ul><li>Extended warranty and purchase protection<\/li><li>Up to 8c\/L off eligible gas purchases<\/li><\/ul><\/td><td>Promo for the first 3 months: Get $120 cash back when you spend $1,500<div class=\"has-padding-xsmall\"><\/div><p>Standard earn rate:<\/p><ul><li>Unlimited 2% cash back in 2 spending categories of your choice<\/li><li>0.5% cash back on everything else<\/li><li>Get a third 2% cash back spending category when your cash back rewards are automatically deposited into a Tangerine Savings Account<\/li><\/ul><p>Other rewards:<\/p><ul><li>Save up to 8 c\/L on eligible gas purchases<\/li><li>Mobile device and rental car collision\/loss damage insurance<\/li><li>Purchase assurance and extended warranty<\/li><li>Mastercard Travel Rewards<\/li><li>On-demand and subscription services<\/li><li>FlexiRoam eSIM<\/li><\/ul><\/td><td>Promo for the first 3 months: 50,000 bonus Scene+ points when you spend $5,000<p>Standard earn rate:<\/p><ul><li>1.5 Scene+ points per $1 spent in 3 selected categories<\/li><li>1 Scene+ point per $1 spent on all other eligible purchases<\/li><\/ul><p>Other rewards<\/p><ul><li>Save up to 10 c\/L on eligible gas purchases<\/li><li>4 complimentary DragonPass lounge passes a year<\/li><li>Mastercard Travel Rewards<\/li><li>FlexiRoam eSIM<\/li><li>Travel, car rental and mobile device insurance<\/li><li>Purchase assurance and extended warranty<\/li><\/ul><\/td><\/tr><tr><td><strong>Eligibility<\/strong><\/td><td><ul><li>Minimum annual household income of $15,000<\/li><li>Canadian resident (excluding Quebec)<\/li><li>Age of majority in your province or territory<\/li><li>No bankruptcies in the last 7 years<\/li><\/ul><\/td><td><ul><li>Gross annual income of $12,000 or more<\/li><li>Age of majority in your province or territory<\/li><li>Permanent resident of Canada<\/li><li>No bankruptcies in the last 7 years<\/li><\/ul><\/td><td><ul><li>Gross annual income of $50,000 or more<\/li><li>Gross household income of $80,000 or more<\/li><li>Total balances of $250,000 or more in Tangerine Savings Accounts and\/or Investment Fund Accounts<\/li><li>Age of majority in your province or territory<\/li><li>Permanent resident of Canada<\/li><li>No bankruptcies in the last 7 years<\/li><\/ul><\/td><td><ul><li>Minimum personal income of $80,000 or more<\/li><li>Minimum household income of $150,000 or more<\/li><li>or a minimum of $400,000 assets under management<\/li><li>Age of majority in your province or territory<\/li><li>Permanent resident of Canada<\/li><li>No bankruptcies in the last 7 years<\/li><\/ul><\/td><\/tr><tr><td style=\"text-align: left;\"><b>Get started<\/b><\/td><td><section class=\"hero-rates__cta\">\r\n                            <div class=\"has-margin-top-small\">\r\n\t\t\t\t\t  <a href=\"https:\/\/www.finder.com\/ca\/credit-cards\/cash-back-credit-cards\/simplii-financial-cash-back-visa-card\" rel=\"nofollow\" class=\"luna-button luna-button--primary luna-button--ghost luna-button--cta has-margin-bottom-xsmall\">\r\n\t\t\t\t\t\tRead review\r\n                              <\/a><\/div>\r\n\t\t\t\t  <\/section><\/td><td><section class=\"hero-rates__cta\">\r\n                            <div class=\"has-margin-top-small\">\r\n\t\t\t\t\t  <a href=\"https:\/\/www.finder.com\/ca\/credit-cards\/tangerine-credit-cards\/tangerine-money-back-credit-card\" rel=\"nofollow\" class=\"luna-button luna-button--primary luna-button--ghost luna-button--cta has-margin-bottom-xsmall\">\r\n\t\t\t\t\t\tRead review\r\n                              <\/a><\/div>\r\n\t\t\t\t  <\/section><\/td><td><section class=\"hero-rates__cta\">\r\n                            <div class=\"has-margin-top-small\">\r\n\t\t\t\t\t  <a href=\"https:\/\/www.finder.com\/ca\/credit-cards\/tangerine-credit-cards\/tangerine-world-mastercard-review\" rel=\"nofollow\" class=\"luna-button luna-button--primary luna-button--ghost luna-button--cta has-margin-bottom-xsmall\">\r\n\t\t\t\t\t\tRead review\r\n                              <\/a><\/div>\r\n\t\t\t\t  <\/section><\/td><td><section class=\"hero-rates__cta\">\r\n                            <div class=\"has-margin-top-small\">\r\n\t\t\t\t\t  <a href=\"\" rel=\"nofollow\" class=\"luna-button luna-button--primary luna-button--ghost luna-button--cta has-margin-bottom-xsmall\">\r\n\t\t\t\t\t\tRead review\r\n                              <\/a><\/div>\r\n\t\t\t\t  <\/section><\/td><\/tr><\/tbody><\/table><p>Tangerine has three credit cards, while Simplii Financial only offers one. The <a href=\"https:\/\/www.finder.com\/ca\/credit-cards\/cash-back-credit-cards\/simplii-financial-cash-back-visa-card\">Simplii Cash Back Visa<\/a> and Tangerine\u2019s two no-fee Money Back cards have similar purchase interest rates and offer cash back rewards. Tangerine also has a premium card, the Tangerine Rewards World Elite Mastercard that earns Scene+ points instead of cash back.<\/p><p>The Simplii Cash Back Visa offers a higher cash back rate of 4% on restaurant, bar and coffee shop purchases, so it\u2019s well worth a look if you like to dine out regularly. But cash back limits do apply.<\/p><p>Over at Tangerine, the maximum cash back rate for the two no-fee credit cards is lower at 2%, but it\u2019s unlimited, and you can choose your earning categories. If you prefer earning Scene+ points and want premium perks like complimentary airport lounge access and travel insurance, the World Elite Mastercard may be a better fit.<\/p><h4><img decoding=\"async\" class=\" wp-image-1043803 alignleft\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png\" alt=\"Award icon\" width=\"50\" height=\"50\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png?fit=150 150w\" sizes=\"(max-width: 150px) 100vw, 150px\" loading=\"lazy\"><\/h4><h4>Who\u2019s the winner?<\/h4><p><strong>Tangerine<\/strong>\u2014but there\u2019s plenty to like about the Simplii Cash Back Visa.<\/p><h3>Tangerine vs. Simplii: Investments<\/h3><article class=\"luna-card--border\"><div class=\"luna-card__block\"><div class=\"u-grid\"><div class=\"u-grid__col u-1\/2@s\"><h4>Tangerine investment options<\/h4><ul><li>GICs<\/li><li>Mutual funds<\/li><li>TFSAs<\/li><li>RSPs<\/li><li>RIFs<\/li><li>LIRAs<\/li><li>LIFs<\/li><li>Money market fund<\/li><li>Non-registered investment fund accounts<\/li><\/ul><\/div><div class=\"u-grid__col u-1\/2@s\"><h4>Simplii Financial investment options<\/h4><ul><li>GICs<\/li><li>Mutual funds<\/li><li>TFSAs<\/li><li>RRSPs<\/li><li>RRIFs<\/li><li>RESPs<\/li><li>Non-registered investment fund accounts<\/li><\/ul><\/div><\/div><\/div><\/article><div class=\"has-padding-xsmall\"><\/div><p>Tangerine and Simplii offer similar investment options for Canadians, with GICs, mutual funds, tax-free savings accounts, retirement savings plans and non-registered investment accounts available from both providers.<\/p><p>Both also offer access to diversified mutual fund portfolios, but Simplii customers can access additional self-directed investment options through CIBC Investor\u2019s Edge, including stocks, ETFs and bonds.<\/p><p>In terms of savings, Simplii\u2019s RRSP and TFSA provide a slightly higher interest rate (0.4%) than Tangerine\u2019s offerings (0.3%).<\/p><h4>Simplii vs. Tangerine: GICs<\/h4><p>If you want to invest some money in a GIC, Tangerine offers more choices than Simplii. While both providers offer 1-, 2-, 3-, 4- and 5-year terms, Tangerine also offers 90-day, 180-day, 270-day and 1.5-year options. Tangerine offers US dollar GICs too, and we found its rates to be slightly higher than those offered by Simplii, at the time of writing.<\/p><h4><img decoding=\"async\" class=\" wp-image-1043803 alignleft\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png\" alt=\"Award icon\" width=\"50\" height=\"50\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png?fit=150 150w\" sizes=\"(max-width: 150px) 100vw, 150px\" loading=\"lazy\"><\/h4><h4>Who\u2019s the winner?<\/h4><p><strong>Tangerine<\/strong> wins in the investments category mostly because it offers a wider range of investment options than Simplii.<\/p><h3>Tangerine vs. Simplii: Other loan options<\/h3><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 34%;\" scope=\"col\"><\/th><th style=\"text-align: left; width: 33%;\" scope=\"col\">Tangerine<\/th><th style=\"text-align: left; width: 33%;\" scope=\"col\">Simplii<\/th><\/tr><\/thead><tbody><tr><td><strong>Personal loan<\/strong><\/td><td>Yes<\/td><td>Yes<\/td><\/tr><tr><td><strong>Line of credit<\/strong><\/td><td>Yes<\/td><td>Yes<\/td><\/tr><tr><td><strong>HELOC<\/strong><\/td><td>Yes<\/td><td>Yes<\/td><\/tr><tr><td><strong>RSP loan<\/strong><\/td><td>Yes<\/td><td>No<\/td><\/tr><tr><td><strong>Mortgage<\/strong><\/td><td>Yes<\/td><td>Yes, through CIBC<\/td><\/tr><\/tbody><\/table><p>Tangerine and Simplii have similar borrowing options, including personal loans, personal lines of credit and home equity lines of credit (HELOCs). Beyond that, their other loan products differ.<\/p><p>Tangerine has an RSP loan with terms of 1 to 5 years, allowing you to borrow to contribute more to an RSP. It also has fixed- and variable-rate mortgages. Simplii offers access to mortgages as well, but only through its parent bank, CIBC.<\/p><h4><img decoding=\"async\" class=\" wp-image-1043803 alignleft\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png\" alt=\"Award icon\" width=\"50\" height=\"50\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png?fit=150 150w\" sizes=\"(max-width: 150px) 100vw, 150px\" loading=\"lazy\"><\/h4><h4>Who\u2019s the winner?<\/h4><p><strong>Tangerine <\/strong>wins thanks to its wider range of loan products.<\/p><h3>How do the mobile apps for Simplii vs. Tangerine compare?<\/h3><p>Simplii and Tangerine both offer free mobile banking apps for Android and iOS devices. Both apps are user-friendly and allow you to perform day-to-day banking tasks like:<\/p><ul><li>Pay bills<\/li><li>Transfer money<\/li><li>Send e-Transfers<\/li><li>Check your balance and transaction history<\/li><li>Deposit cheques<\/li><\/ul><p>In terms of user ratings, both apps have picked up thousands of positive scores from users across Android and iOS devices. However, Tangerine comes out ahead on both platforms.<\/p><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 40%;\" scope=\"col\"><\/th><th style=\"text-align: left; width: 30%;\" scope=\"col\">Simplii Financial<\/th><th style=\"text-align: left; width: 30%;\" scope=\"col\">Tangerine<\/th><\/tr><\/thead><tbody><tr><td>Apple App Store<\/td><td>\n\n\n\n\n\n\n\n    \n    \n<strong>4.1<\/strong> \u2013\n<span class=\"luna-stars luna-stars__fill--80 luna-stars--primary\">\u2605\u2605\u2605\u2605\u2605<\/span><br>\n13K reviews\n<span class=\"table-popover\" rel=\"popover\" data-content=\"Ratings for the Simplii Financial app on the Apple App Store were last verified on October 27, 2026.\" title=\"\" data-original-title=\"More info\"><\/span>\n\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"MobileApplication\",\n  \"name\": \"Simplii\\u0020Financial\",\n  \"applicationCategory\": \"FinanceApplication\",\n  \"operatingSystem\": \"iOS\",\n  \"offers\": {\n    \"@type\": \"Offer\",\n    \"price\": \"0.00\",\n    \"priceCurrency\": \"CAD\"\n  },\n  \"aggregateRating\": {\n    \"@type\": \"AggregateRating\",\n    \"ratingValue\": \"4.1\",\n    \"bestRating\": \"5\",\n    \"worstRating\": \"1\",\n    \"reviewCount\": 13000\n  }\n}\n<\/script>\n<\/td><td>\n\n\n\n\n\n\n\n    \n    \n<strong>4.7<\/strong> \u2013\n<span class=\"luna-stars luna-stars__fill--95 luna-stars--primary\">\u2605\u2605\u2605\u2605\u2605<\/span><br>\n76K reviews\n<span class=\"table-popover\" rel=\"popover\" data-content=\"Ratings for the Tangerine app on the Apple App Store were last verified on January 07, 2026.\" title=\"\" data-original-title=\"More info\"><\/span>\n\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"MobileApplication\",\n  \"name\": \"Tangerine\",\n  \"applicationCategory\": \"FinanceApplication\",\n  \"operatingSystem\": \"iOS\",\n  \"offers\": {\n    \"@type\": \"Offer\",\n    \"price\": \"0.00\",\n    \"priceCurrency\": \"CAD\"\n  },\n  \"aggregateRating\": {\n    \"@type\": \"AggregateRating\",\n    \"ratingValue\": \"4.7\",\n    \"bestRating\": \"5\",\n    \"worstRating\": \"1\",\n    \"reviewCount\": 76000\n  }\n}\n<\/script>\n<\/td><\/tr><tr><td>Google Play<\/td><td>\n\n\n\n\n\n\n\n    \n    \n<strong>3.6<\/strong> \u2013\n<span class=\"luna-stars luna-stars__fill--70 luna-stars--primary\">\u2605\u2605\u2605\u2605\u2605<\/span><br>\n18.7K reviews\n<span class=\"table-popover\" rel=\"popover\" data-content=\"Ratings for the Simplii Financial app on the Google Play Store were last verified on October 27, 2026.\" title=\"\" data-original-title=\"More info\"><\/span>\n\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"MobileApplication\",\n  \"name\": \"Simplii\\u0020Financial\",\n  \"applicationCategory\": \"FinanceApplication\",\n  \"operatingSystem\": \"Android\",\n  \"offers\": {\n    \"@type\": \"Offer\",\n    \"price\": \"0.00\",\n    \"priceCurrency\": \"CAD\"\n  },\n  \"aggregateRating\": {\n    \"@type\": \"AggregateRating\",\n    \"ratingValue\": \"3.6\",\n    \"bestRating\": \"5\",\n    \"worstRating\": \"1\",\n    \"reviewCount\": 18700\n  }\n}\n<\/script>\n<\/td><td>\n\n\n\n\n\n\n\n    \n    \n<strong>4.3<\/strong> \u2013\n<span class=\"luna-stars luna-stars__fill--85 luna-stars--primary\">\u2605\u2605\u2605\u2605\u2605<\/span><br>\n48.8K reviews\n<span class=\"table-popover\" rel=\"popover\" data-content=\"Ratings for the Tangerine app on the Google Play Store were last verified on January 07, 2026.\" title=\"\" data-original-title=\"More info\"><\/span>\n\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"MobileApplication\",\n  \"name\": \"Tangerine\",\n  \"applicationCategory\": \"FinanceApplication\",\n  \"operatingSystem\": \"Android\",\n  \"offers\": {\n    \"@type\": \"Offer\",\n    \"price\": \"0.00\",\n    \"priceCurrency\": \"CAD\"\n  },\n  \"aggregateRating\": {\n    \"@type\": \"AggregateRating\",\n    \"ratingValue\": \"4.3\",\n    \"bestRating\": \"5\",\n    \"worstRating\": \"1\",\n    \"reviewCount\": 48800\n  }\n}\n<\/script>\n<\/td><\/tr><\/tbody><\/table><p>\u00a0<\/p><h4><img decoding=\"async\" class=\" wp-image-1043803 alignleft\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png\" alt=\"Award icon\" width=\"50\" height=\"50\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png?fit=150 150w\" sizes=\"(max-width: 150px) 100vw, 150px\" loading=\"lazy\"><\/h4><h4>Who\u2019s the winner?<\/h4><p><strong>Tangerine\u2019s mobile app<\/strong> has a higher user rating based on many more downloads.<\/p><h3>Other features we like about Simplii vs. Tangerine<\/h3><p>There are a few other features worth taking into consideration when comparing Simplii vs. Tangerine.<\/p><h4>Simplii Global Money Transfer<\/h4><p>One of the perks of opening an account with Simplii is its Global Money Transfer service. This lets you send up to $75,000 to over 130 countries around the world, and your recipient will get the funds in 1-3 business days. There are no transfer fees, but an exchange rate markup applies.<\/p><h4>Tangerine business accounts<\/h4><p>While Simplii offers personal banking services only, Tangerine offers a small selection of business banking products. Its new Business Savings Account pays 3.00% interest, while its Business Spending Account pays 1.25%. Both have no monthly fees or minimum balance requirements. The accounts also include Spaces, which lets you organize money into separate savings buckets for expenses like taxes and payroll. However, as of November 2026, both accounts are still in the waitlist stage.<\/p><h4>Tangerine business GICs<\/h4><p>Tangerine\u2019s business products don\u2019t end there. It also offers business GICs for terms ranging from 90 days to 5 years. If your business regularly deals in US dollars, you might also want to invest in a Tangerine US Dollar Business GIC.<\/p><h4>USD accounts<\/h4><p>Both Simplii and Tangerine offer USD savings accounts with no monthly fees or minimum balance requirements. However, Simplii pays a much higher interest rate of 2.8%, compared to Tangerine\u2019s 0.10%.<\/p><h3>What does Reddit think of the Tangerine vs. Simplii debate?<\/h3><h3><img decoding=\"async\" class=\"wp-image-905435 alignright\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2021\/03\/redditlogo_Supplied_232x140.jpg\" alt=\"reddit logo\" width=\"133\" height=\"80\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2021\/03\/redditlogo_Supplied_232x140.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2021\/03\/redditlogo_Supplied_232x140.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2021\/03\/redditlogo_Supplied_232x140.jpg?fit=399 399w\" sizes=\"(max-width: 399px) 100vw, 399px\" loading=\"lazy\"><\/h3><p>If you head to Reddit for other people\u2019s views on the Tangerine vs. Simplii debate, your decision is unlikely to be any clearer. While there are scattered complaints and negative reviews about both of these digital banks, feedback from most users is generally positive.<\/p><p>On the r\/PersonalFinanceCanada subreddit, multiple users comment that they\u2019ve used either Tangerine or Simplii for years without any problems.<\/p><p>Often, the choice between the two banks seems to come down to personal preference. For example, while one user may prefer Simplii to Tangerine because it supports free chequebooks and international transfers, another may prefer Tangerine for its user interface.<\/p><p>Promos like welcome bonuses and introductory savings account rates are also commonly mentioned as a key factor, so it\u2019s worth comparing the latest offers from Simplii and Tangerine before deciding where to open an account.<\/p><h3>Who\u2019s the final winner?<\/h3><p>Choosing between Simplii and Tangerine comes down to which banking features matter most to you. For example, Simplii comes out on top if you want a higher interest rate on a savings account, while Tangerine offers higher GIC rates and more flexible cashback on its credit cards. Based on our analysis comparing Simplii vs. Tangerine:<\/p><div class=\"u-grid\"><div class=\"u-grid__col u-1\/5@s u-1\/1\" style=\"padding-bottom: 0px;\"><div class=\"has-padding-xsmall\"><\/div><p><img decoding=\"async\" class=\"wp-image-1043803 aligncenter\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png\" alt=\"Award icon\" width=\"70\" height=\"70\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/07\/Award-Icon-2_Supplied_500x500.png?fit=210 210w\" sizes=\"(max-width: 210px) 100vw, 210px\" loading=\"lazy\"><\/p><\/div><div class=\"u-grid__col u-4\/5@s u-1\/1\"><div class=\"has-padding-xsmall\"><\/div><p><strong>For day-to-day banking,<\/strong> the winner is<strong> Simplii Financial.<\/strong><\/p><div class=\"has-padding-xsmall\"><\/div><p><strong>For long-term financial products, <\/strong>the winner is<strong> Tangerine.<\/strong><\/p><\/div><\/div><p>Once you know exactly what you want from a digital bank, compare the latest offers from Simplii vs. Tangerine side-by-side before making your decision.<\/p><h3>Alternatives to Simplii Financial and Tangerine<\/h3><p>If Simplii Financial or Tangerine aren\u2019t exactly what you\u2019re looking for, here are some of the other <a href=\"https:\/\/www.finder.com\/ca\/banking\/best-bank-in-canada\">best banks in Canada<\/a> to consider:<\/p><ul><li><strong>EQ Bank.<\/strong> EQ Bank is a digital bank with a no-fee Personal Account that combines everyday banking and savings features, including unlimited transactions, up to 3% interest and 0.5% cashback on your purchases. It also offers a unique savings account that pays higher interest rates when you agree to leave your money untouched for 10 or 30 days. Read our <a href=\"https:\/\/www.finder.com\/ca\/banking\/eq-bank-review\">EQ Bank review<\/a> for more details.<\/li><li><strong>Neo Financial.<\/strong> Neo Financial is another digital bank with no-fee chequing and savings accounts, as well as cashback rewards, credit cards and a cash advance. It has one of the <a href=\"https:\/\/www.finder.com\/ca\/savings-accounts\/best-high-interest-savings-accounts\">best high-interest savings accounts<\/a> with rates of 2.25% - 3.00% depending on your membership.<\/li><li><strong>Wealthsimple.<\/strong> Wealthsimple is a Canadian financial services company best known for its investing products, but it also offers no-fee chequing and savings accounts, credit cards and a range of registered accounts. The Wealthsimple Chequing Account offers an interest rate of 2.25%, making it one of the <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/best-chequing-accounts\">best chequing accounts in Canada<\/a>.<\/li><li><strong>KOHO. <\/strong>KOHO combines a spending account with a reloadable prepaid Mastercard, savings tools and cash back rewards. Its Core account has no monthly fee, pays 2% interest and earns 1% cash back on groceries, transportation, eating and drinking purchases. The Extra and Everything plans offer higher interest and cash back rates, but come with a monthly fee. Explore these plans and more with our <a href=\"https:\/\/www.finder.com\/ca\/banking\/koho\">KOHO review<\/a>.<\/li><\/ul><h3>Frequently asked questions about Simplii vs Tangerine<\/h3><ul class=\"luna-accordionGroup accordionGroup\">\n\t<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000000\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000000\">\n                <span class=\"luna-accordion__title\">What is the downside of Tangerine banking?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000000\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>One of the downsides of Tangerine is that it doesn't have any physical branches, which means you can't access in-person customer service. Another factor to consider is that you can't send or receive wire transfers from your Tangerine account. Finally, if you open a Tangerine No-Fee Daily Chequing Account, it's worth mentioning that, while your first 50 cheques are free, additional cheque books will set you back $50 each.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000001\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000001\">\n                <span class=\"luna-accordion__title\">What are the downsides of Simplii Financial?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000001\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>One key downside of Simplii Financial is that it doesn't have any physical branches, so you can't access in-person customer service if needed. Its products and services are also not available in Quebec, and, unlike Tangerine, it doesn't offer any business bank accounts or GICs.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000002\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000002\">\n                <span class=\"luna-accordion__title\">Are Simplii and Tangerine the same?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000002\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>No, Simplii and Tangerine are two separate digital banks. Simplii Financial was founded in 2017 and is owned by CIBC, while Tangerine was established in 1997 and is now owned by Scotiabank.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n\n<\/ul>\n<article class=\"luna-card luna-card--alt\"><div class=\"luna-card__block\"><h4>See how other banks stack up to each other:<\/h4><div class=\"u-grid\"><div class=\"u-grid__col u-1\/2@s\"><ul><li><a href=\"https:\/\/www.finder.com\/ca\/banking\/eq-bank-vs-wealthsimple\">EQ Bank vs Wealthsimple<\/a><\/li><li><a href=\"https:\/\/www.finder.com\/ca\/banking\/simplii-financial-vs-cibc\">Simplii Financial vs CIBC<\/a><\/li><li><a href=\"https:\/\/www.finder.com\/ca\/banking\/simplii-financial-vs-koho\">Simplii Financial vs KOHO<\/a><\/li><li><a href=\"https:\/\/www.finder.com\/ca\/banking\/simplii-financial-vs-eq-bank\">Simplii Financial vs EQ Bank<\/a><\/li><\/ul><\/div><div class=\"u-grid__col u-1\/2@s\"><ul><li><a href=\"https:\/\/www.finder.com\/ca\/banking\/eq-bank-vs-koho\">EQ Bank vs KOHO<\/a><\/li><li><a href=\"https:\/\/www.finder.com\/ca\/banking\/eq-bank-vs-tangerine\">EQ Bank vs Tangerine<\/a><\/li><li><a href=\"https:\/\/www.finder.com\/ca\/banking\/koho-vs-neo\">KOHO vs Neo<\/a><\/li><\/ul><\/div><\/div><\/div><\/article><div class=\"sources sources__f1\">\n    \n  <ul class=\"luna-accordionGroup accordionGroup\">\n    <li class=\"luna-accordion\" data-accordion=\"accordion\">\n      <div class=\"luna-accordion__summary\">\n        <h3 class=\"luna-accordion__heading\" data-toc-label=\"Sources\">\n          <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"sources_0000000003\" data-toggle=\"collapse\" data-target=\"#sources_0000000003\">\n            <span class=\"luna-accordion__title u-text--lg u-font--bold\">Sources<\/span>\n            <svg class=\"luna-icon\" aria-hidden=\"true\">\n              <use href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n              <use href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n            <\/svg>\n          <\/button>\n        <\/h3>\n      <\/div>\n      <div class=\"luna-accordion__details collapse \" aria-hidden=\"true\" id=\"sources_0000000003\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n          <p class=\"sources__description\">Finder writers are subject matter experts and use primary sources, in-depth research and interviews with other experts to ensure you're getting accurate, up-to-date information. Articles are <a href=\"https:\/\/www.finder.com\/ca\/why-trust-us\">fact checked<\/a> in line with our <a href=\"https:\/\/www.finder.com\/ca\/editorial-guidelines\">editorial guidelines<\/a>.<\/p>\n          <ol class=\"u-pl--0 u-text--lg u-font--medium\">\n                                          <li class=\"u-leading--loose\"><a class=\"u-font--medium\" href=\"https:\/\/www.simplii.com\/en\/about-us.html\" target=\"_blank\">Simplii Financial: About Us<\/a><\/li>\n                                                        <li class=\"u-leading--loose\"><a class=\"u-font--medium\" href=\"https:\/\/www.tangerine.ca\/en\/personal\/spend\/chequing-account\" target=\"_blank\">Tangerine No-Fee Daily Chequing Account<\/a><\/li>\n                                                        <li class=\"u-leading--loose\"><a class=\"u-font--medium\" href=\"https:\/\/www.tangerine.ca\/en\/personal\/save\/savings-account\" target=\"_blank\">Tangerine Savings Account<\/a><\/li>\n                                                        <li class=\"u-leading--loose\"><a class=\"u-font--medium\" href=\"https:\/\/www.tangerine.ca\/en\/personal\/borrowTangerine:%20About%20Us,%20https:\/\/www.tangerine.ca\/en\/about-us\" target=\"_blank\">Tangerine borrowing options,https:\/\/www.tangerine.ca\/en\/personal\/borrowTangerine: About Us<\/a><\/li>\n                                                        <li class=\"u-leading--loose\"><a class=\"u-font--medium\" href=\"https:\/\/www.simplii.com\/en\/bank-accounts\/no-fee-chequing.html\" target=\"_blank\">Simplii No Fee Chequing<\/a><\/li>\n                                                        <li class=\"u-leading--loose\"><a class=\"u-font--medium\" href=\"https:\/\/www.simplii.com\/en\/bank-accounts\/high-interest-savings.html\" target=\"_blank\">Simplii High Interest Savings<\/a><\/li>\n                                                        <li class=\"u-leading--loose\"><a class=\"u-font--medium\" href=\"https:\/\/www.cdic.ca\/depositors\/basics\/\" target=\"_blank\">CDIC: CDIC basics<\/a><\/li>\n                                    <\/ol>\n        <\/div>\n      <\/div>\n    <\/li>\n  <\/ul>\n  <\/div>\n<div class=\"contentFeed contentFeed--relatedPosts\">\n            <h3 class=\"contentFeed__title\">More banking guides from our experts<\/h3>\n        <div class=\"contentFeed__carousel\" data-post-count=\"6\">\n                                    <div class=\"fin-carousels fin-carousels--multiple-items-in-view\" id=\"fin-carousel0000000000\" data-items-in-view=\"3\" style=\"--items-in-view: 3\">\n    <div class=\"fin-carousels__container\">\n        <div class=\"fin-carousels__slides\">\n                                <div class=\"fin-carousel-item\">\n                <article class=\"luna-card luna-card--stretch\">        <figure class=\"luna-card__figure\">        <a href=\"https:\/\/www.finder.com\/ca\/banking\/banking-statistics\">            <picture>                <source type=\"image\/webp\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg?fit=180&amp;webp=1 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg?fit=360&amp;webp=1 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg?fit=450&amp;webp=1 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\"><\/source>                <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg?fit=450 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\" alt=\"\" loading=\"lazy\">            <\/picture>        <\/a>    <\/figure>        <div class=\"luna-card__block\">                            <div class=\"contentFeed__pills\">                                                    <span class=\"contentFeed__pill contentFeed__pill--category\">Banking<\/span>                            <\/div>                        <header>            <p class=\"luna-card__title luna-card__title--small\">                <a href=\"https:\/\/www.finder.com\/ca\/banking\/banking-statistics\">Banking statistics and trends in Canada for 2025<\/a>            <\/p>        <\/header>        <p>Explore key banking statistics and figures from the Finder: Consumer Sentiment Survey January 2025.<\/p>                    <\/div>        <\/article>            \n<\/div>\n                    <div class=\"fin-carousel-item\">\n                <article class=\"luna-card luna-card--stretch\">        <figure class=\"luna-card__figure\">        <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/best-no-fee-chequing-accounts\">            <picture>                <source type=\"image\/webp\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg?fit=180&amp;webp=1 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg?fit=360&amp;webp=1 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg?fit=450&amp;webp=1 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\"><\/source>                <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg?fit=450 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\" alt=\"\" loading=\"lazy\">            <\/picture>        <\/a>    <\/figure>        <div class=\"luna-card__block\">                            <div class=\"contentFeed__pills\">                                                    <span class=\"contentFeed__pill contentFeed__pill--category\">Chequing Accounts<\/span>                            <\/div>                        <header>            <p class=\"luna-card__title luna-card__title--small\">                <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/best-no-fee-chequing-accounts\">Best free (no-fee) chequing accounts in Canada for 2026<\/a>            <\/p>        <\/header>        <p>Compare the features of 8 of the best no-fee chequing accounts in Canada, and find out how to avoid transaction fees.<\/p>                    <\/div>        <\/article>            \n<\/div>\n                    <div class=\"fin-carousel-item\">\n                <article class=\"luna-card luna-card--stretch\">        <figure class=\"luna-card__figure\">        <a href=\"https:\/\/www.finder.com\/ca\/banking\/new-bank-account-offers\">            <picture>                <source type=\"image\/webp\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg?fit=180&amp;webp=1 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg?fit=360&amp;webp=1 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg?fit=450&amp;webp=1 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\"><\/source>                <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg?fit=450 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\" alt=\"\" loading=\"lazy\">            <\/picture>        <\/a>    <\/figure>        <div class=\"luna-card__block\">                            <div class=\"contentFeed__pills\">                                                    <span class=\"contentFeed__pill contentFeed__pill--category\">Banking<\/span>                            <\/div>                        <header>            <p class=\"luna-card__title luna-card__title--small\">                <a href=\"https:\/\/www.finder.com\/ca\/banking\/new-bank-account-offers\">16 best new bank account offers in Canada for November 2026<\/a>            <\/p>        <\/header>        <p>Earn cash, rewards points, bonus interest rates and more with these new bank account offers and promotions.<\/p>                    <\/div>        <\/article>            \n<\/div>\n                    <div class=\"fin-carousel-item\">\n                <article class=\"luna-card luna-card--stretch\">        <figure class=\"luna-card__figure\">        <a href=\"https:\/\/www.finder.com\/ca\/banking\/kids-banking\/best-bank-account-for-teens\">            <picture>                <source type=\"image\/webp\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg?fit=180&amp;webp=1 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg?fit=360&amp;webp=1 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg?fit=450&amp;webp=1 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\"><\/source>                <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg?fit=450 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\" alt=\"\" loading=\"lazy\">            <\/picture>        <\/a>    <\/figure>        <div class=\"luna-card__block\">                            <div class=\"contentFeed__pills\">                                                    <span class=\"contentFeed__pill contentFeed__pill--category\">Kids Banking<\/span>                            <\/div>                        <header>            <p class=\"luna-card__title luna-card__title--small\">                <a href=\"https:\/\/www.finder.com\/ca\/banking\/kids-banking\/best-bank-account-for-teens\">Best youth bank accounts in Canada<\/a>            <\/p>        <\/header>        <p>Learn about the different types of bank accounts for your teenager and how to choose the right one.<\/p>                    <\/div>        <\/article>            \n<\/div>\n                    <div class=\"fin-carousel-item\">\n                <article class=\"luna-card luna-card--stretch\">        <figure class=\"luna-card__figure\">        <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/best-chequing-accounts\">            <picture>                <source type=\"image\/webp\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg?fit=180&amp;webp=1 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg?fit=360&amp;webp=1 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg?fit=450&amp;webp=1 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\"><\/source>                <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg?fit=450 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\" alt=\"\" loading=\"lazy\">            <\/picture>        <\/a>    <\/figure>        <div class=\"luna-card__block\">                            <div class=\"contentFeed__pills\">                                                    <span class=\"contentFeed__pill contentFeed__pill--category\">Chequing Accounts<\/span>                            <\/div>                        <header>            <p class=\"luna-card__title luna-card__title--small\">                <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/best-chequing-accounts\">Best chequing accounts in Canada for 2026<\/a>            <\/p>        <\/header>        <p>Compare chequing accounts and learn about our top picks. Compare different features and see which one is right for you.<\/p>                    <\/div>        <\/article>            \n<\/div>\n                    <div class=\"fin-carousel-item\">\n                <article class=\"luna-card luna-card--stretch\">        <figure class=\"luna-card__figure\">        <a href=\"https:\/\/www.finder.com\/ca\/banking\/open-bank-account-online\">            <picture>                <source type=\"image\/webp\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg?fit=180&amp;webp=1 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg?fit=360&amp;webp=1 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg?fit=450&amp;webp=1 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\"><\/source>                <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg?fit=450 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\" alt=\"\" loading=\"lazy\">            <\/picture>        <\/a>    <\/figure>        <div class=\"luna-card__block\">                            <div class=\"contentFeed__pills\">                                                    <span class=\"contentFeed__pill contentFeed__pill--category\">Banking<\/span>                            <\/div>                        <header>            <p class=\"luna-card__title luna-card__title--small\">                <a href=\"https:\/\/www.finder.com\/ca\/banking\/open-bank-account-online\">Open a bank account online in Canada in 5 easy steps<\/a>            <\/p>        <\/header>        <p>Compare and open a bank account online in Canada in as little as 5 minutes. Learn what you need to apply and how to get started today. <\/p>                    <\/div>        <\/article>            \n<\/div>\n                \n        <\/div>\n    <\/div>\n    <div class=\"fin-carousels__controls\">\n        <button class=\"fin-carousels__nav fin-carousels__nav--prev fin-carousels__nav--disabled\" aria-label=\"Previous slide\">\n            <svg class=\"luna-icon\" style=\"--fill: var(--color-background-main)\">\n                <use href=\"#chevron-left\"><\/use>\n            <\/svg>\n        <\/button>\n        <button class=\"fin-carousels__nav fin-carousels__nav--next fin-carousels__nav--disabled\" aria-label=\"Next slide\">\n            <svg class=\"luna-icon\" style=\"--fill: var(--color-background-main)\">\n                <use href=\"#chevron-right\"><\/use>\n            <\/svg>\n        <\/button>\n    <\/div>\n\n    <div class=\"fin-carousels__dots\" role=\"tablist\" aria-label=\"Carousel navigation\"><!-- Dots will be generated by JavaScript -->\n    <\/div>\n<\/div>\n\n    <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Check out an in-depth comparison of Simplii Financial and Tangerine to find the best digital bank for you.<\/p>\n","protected":false},"author":516,"featured_media":1082461,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_focuskw":"Simplii vs Tangerine","_yoast_wpseo_title":"Simplii vs Tangerine: Which Bank Is Better? | Finder Canada","_yoast_wpseo_metadesc":"Should you open an account with Simplii or Tangerine? 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