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Earn up to $500 and a 5.75% Savings rate¹

Sign up in minutes using promo code EARNMORE.

Become a Client

Getting a sweet $250 is as easy as 1-2-3

Note

Got questions? We’ve got answers.

Check out our FAQs.

Banking where you’re paying monthly account fees? 

If you pay per month with your current bank, then by switching to Tangerine today, in 30 years you’d save:*
*Estimator tool is for demonstration purposes only and should not be relied upon as financial or other advice. Calculations are estimates only based on the information you provide and assume no fees for non-standard transactions are incurred in the Tangerine Chequing Account. Actual savings may vary. All rates, fees, features, offers and benefits and related terms and conditions are subject to change.

Plus: New Clients get a 5.75% rate for 5 months† when they open a Savings Account

Become a Client

Life is complicated enough – banking shouldn’t be.

Experience no monthly fees with no minimum balances. No strings attached.

Plus: New Clients get a 5.75% rate for 5 months† when they open a Savings Account.

Sticky Notes

FAQ

Want to know more about these Offers? Here are some frequently asked questions.

Which online transactions are excluded from earning up to $400 cash back?

Eligible online transactions DO NOT include:

  • Apple Pay, Samsung Pay, Google Pay and other third party digital wallets such as Remitly and KoHo
  • In-store transactions with your Card present
  • Interac e-Transfers or moving money to/from your Tangerine Chequing Account from/to another account
  • Bill payments made through the bill payment feature of the Tangerine website or Mobile Banking app or recurring bill payments set up on your Account
  • Topping up a prepaid card
  • Interest charges, fees or cash withdrawals

Which online transactions are eligible to earn up to $400 cash back?

Eligible online transactions include:

  • Online spending or bill payments using Visa* Debit by providing your Client Card Number online (excluding through our website or Mobile Banking app as above)
  • In-app payments for streaming services, food delivery orders, ride sharing and other similar services

When do I start earning up to $400 cash back?

You will start to earn cash back on eligible transactions beginning on the date all Offer Qualifying Conditions have been met for up to 60 days or until you have earned the maximum $400 cash back, whichever comes first.

You will start to earn cash back on eligible transactions beginning on the date all Offer Qualifying Conditions have been met for up to 60 days or until you have earned the maximum $400 cash back, whichever comes first.

When will I get my cash back deposited?

You’ll see your cash back deposited in your Chequing Account within 1 month after your 60-day period ends, provided the Account is open and not in Default (as defined in the Tangerine Overdraft Protection section of the Chequing Account Terms) at the time of the cash back payout.

When do I start earning the promotional interest?

The promotional rate begins on the date all Offer Qualifying Conditions have been met and expires at the end of 153 days (5 months) after such date.

When will I get my interest?

You’ll see your promotional interest deposited in your Savings Account(s) on the first day of the following month in which the interest was earned.

How do I set up an Automatic Transfer?

Set up with the Mobile Banking app:

  • Once logged in, hit ‘More’ on the bottom navigation, then hit the ‘Automatic Transfers’ tile
  • Or hit ‘Move Money’ on the bottom navigation, then hit ‘Transfer Money’ and make sure the ‘Recurring’ option is on to create an eligible transfer

Or set up online at Tangerine.ca:

  • Once logged in, scroll down to the bottom of your ‘Overview’ page and select ‘Start ASP’ under Money Management Tools and hit ‘Start ASP’

And remember, you can always go in and make changes to your Automatic Transfer amount, skip scheduled transactions or cancel your Automatic Transfer completely. Learn more here.

How long do I have to set up an Automatic Transfer?

Once you set up both a Tangerine Chequing Account and either an eligible Tangerine Investment Funds Account or an eligible Savings Account within 30 days of becoming a new Client, you must then set up an Automatic Transfer within 60 days of becoming a new Client in order to earn a cash Bonus of $100.

What is the Automatic Transfer minimum amount and frequency that is required?

In order to receive the $100 Bonus, you need to set up fund transfers of at least $50 total per month, for 2 months in a row – you can select whatever frequency works for you (daily, weekly, biweekly or monthly).

What account(s) are eligible?

Eligible accounts are: Tangerine Investment Fund Accounts, Tangerine Tax-Free Investment Fund Accounts (“TFSA Accounts”) and Tangerine RSP Investment Fund Accounts (“RSP Accounts”).

 

Locked-in Accounts aren’t eligible for the Automatic Transfer Bonus.

 

There is a limit of one (1) Automatic Transfer Bonus per new Client regardless of the number of Eligible Accounts. For joint Tangerine Chequing Accounts there is a limit of 1 Automatic Transfer Bonus paid to the primary Account holder. Automatic Transfer Bonus Offer can’t be combined with any other new Client offers except as otherwise permitted.

When will I get my bonus?

The $100 bonus will be deposited in your Chequing Account within 30 days after the second successful consecutive month of the Automatic Transfer.

 1The Tangerine New Client Welcome Offer is available to New Clients who: (a) have a Client Number created between February 9, 2024 and April 30, 2024; and (b) become a Tangerine Client using an eligible Promo Code as communicated by Tangerine. The Tangerine New Client Welcome Offer includes the Promotional Savings Rate Offer, the Visa Debit Cashback Offer and the Automatic Transfers Offer (each an “Offer” and collectively the “Offers” or the “Welcome Offer”):

5.75% Promotional Interest Rate Offer: The 5.75% Promotional Rate will apply to deposits made to a New Client’s Eligible Savings Account(s) opened within 30 days of the date their Client Number was created. The Promotional Rate will apply for 153 days (5 months) beginning on the date all Qualifying Conditions have been met, to a maximum of $1,000,000 (in the currency of the Eligible Savings Account) per Eligible Savings Account Type (for deposits to registered Eligible Savings Accounts made through a T2033 form, please see the full Offer Terms and Conditions). The Promotional Rate is an annualized rate, calculated daily and paid monthly.

Visa Debit Cashback Offer: New Clients who open both an Eligible Savings Account and a Tangerine Chequing Account within 30 days of the date their Client Number was created are also eligible to earn a cashback bonus of 20% on eligible online purchases and online bill payments made on a merchant’s website using the Visa Debit feature of their Client Card for 60 days, up to a maximum of $400 per Account. The 60-day period for Eligible Transactions (“Eligible Transaction Period”) begins on the date the Client Card is activated. The 20% Cash Bonus will be calculated on the sum of all Eligible Transactions less any refunds, returns or other similar credits made during the Eligible Transaction Period. New Clients must activate their Client Card within 60 days of the date their Chequing Account was opened. Limit of one (1) Cash Bonus.

Automatic Transfers Offer: New Clients who open both a Tangerine Chequing Account and either an Eligible Tangerine Investment Fund Account or an Eligible Savings Account within 30 days of the date their Client Number was created are also eligible to earn an Automatic Transfer Bonus of $100 deposited in their Tangerine Chequing Account (the “Automatic Transfer Bonus”) if, within 60 days of the date their Client Number was created, they set up an Automatic Transfer of at least $50 per month, for at least 2 consecutive months (any frequency), from their new Tangerine Chequing Account to their new Tangerine Investment Fund Account or to their new Eligible Savings Account, as applicable (“Eligible Automatic Transfer”). Limit of one Automatic Transfer Bonus per New Client.

The Welcome Offer can’t be combined with any other welcome bonus offers except as otherwise permitted. By accepting any Offer, you agree to the terms and conditions of this Offer. Full Offer Terms and Conditions, including definitions of any capitalized terms, are available here. Offer may be changed, extended or cancelled without notice.

2Tangerine will waive the ABM Withdrawal Fee and Global ATM Alliance members will waive any surcharge fees for withdrawal transactions performed at a Scotiabank or Global ATM Alliance machine with your Tangerine Client Card. Some exclusions apply; see our Fee Schedule for details. The current Fee Schedule can be found at tangerine.ca/feeschedule.

3The MER for the Tangerine Portfolios for the period ended June 30, 2023 ranged from 0.76% to 1.06% after applicable waivers and absorptions by the manager. Each Tangerine Investment Fund offers one series of units, and is considered equivalent to an A-series mutual fund. “A-series mutual funds” often refers to the standard “one-size-fits-all” funds that have traditionally populated the Canadian mutual funds universe. According to the Investor Economics Insight report dated June 2023, the asset weighted MER for A-series mutual funds for the year ending December 2022 was 1.91%.

® Interac e-Transfer is a registered trademark of Interac Corp., used under licence.

® Scotiabank is a registered trademark of The Bank of Nova Scotia.