High Interest Savings

Accelerate your savings.

Earn 1.90%** interest in a Tangerine Savings Account as a new Client. Increase that to 2.40%* interest if you also open a Tangerine Chequing Account**.

Combine the benefits of Saving and Chequing to accelerate your savings today!

Earn a $25 Bonus when you open your first Account using the Orange Key® 'Orange25' with an initial deposit of at least $100

Combine the benefits of Saving and Chequing to accelerate your savings today!

Earn a $25 Bonus when you open your first Account using the Orange Key® Orange25 with an initial deposit of at least $100

Tangerine Savings Account

Part 1: Open a Savings Account and get 1.90% interest**

Become a Client with a Tangerine Savings Account, RSP Savings Account or Tax-Free Savings Account, and earn 1.90% interest** in that Account for 6 months.

  • No daily fees, no service charges
  • Great interest rates
  • Automatic Savings Program (ASP)
  • Earn 2.40% interest* if you also open a Chequing Account
Tangerine Savings Account

Part 1: Open a Savings Account and get 1.90% interest**

Become a Client with a Tangerine Savings Account, RSP Savings Account or Tax-Free Savings Account, and earn 1.90% interest** in that Account for 6 months.

  • No daily fees, no service charges
  • Great interest rates
  • Automatic Savings Program (ASP)
  • Earn 2.4% interest* if you also open a Chequing Account

Tangerine Chequing Account

Part 2: Open a Chequing Account and turn your Savings Account rate into 2.40%*

Get an even better interest rate in that Savings Account if you also open a Chequing Account. For the remainder of your first 6 months with your Savings Account, instead of 1.90% interest, you can earn 2.40%*.

  • No fees for daily chequing transactions
  • Free access to 3,500 ABMs on the Scotiabank Network
  • Free Tangerine Email Money Transfers
  • $75 Bonus when you switch your payroll direct deposits by May 15, 2017††
Tangerine Chequing Account

Part 2: Open a Chequing Account and turn your Savings Account rate into 2.40%*

Get an even better interest rate in that Savings Account if you also open a Chequing Account. For the remainder of your first 6 months with your Savings Account, instead of 1.90% interest, you can earn 2.40%*.

  • No fees for daily chequing transactions
  • Free access to 3,500 ABMs on the Scotiabank Network
  • Free Tangerine Email Money Transfers
  • $75 Bonus when you switch your payroll direct deposits by May 15, 2017††

If you've already opened your Chequing Account, you can still open a Savings Account to take advantage of the 2.40%* rate.




Stuff the Tangerine™ Lawyers Make Us Say:

Tangerine is a registered trademark of the Bank of Nova Scotia, used under licence. Forward Banking and Orange Key are registered trademarks of Tangerine Bank.

** The 1.90% New Client Interest Rate Offer (the “Offer”) is available to new Tangerine Clients who have never held any Account with the Bank prior to November 2, 2016 and who open their first Account with the Bank on or before May 15, 2017. The Offer applies only to Tangerine Savings Accounts (“Savings”), Tangerine Tax-Free Savings Accounts (“TFSA Savings”), and Tangerine RSP Savings Accounts (“RSP Savings”), collectively referred to as “Applicable Accounts” and each referred to as an “Applicable Account Type”. To receive the Offer, Clients must: (a) open an Applicable Account as their first Account with the Bank; or (b) open an Applicable Account within 90 days of opening their first Account with the Bank. Clients who open a Tangerine Chequing Account, either as their first Account or at any time prior to opening an Applicable Account within the 90 day period described in (b), will qualify first for the Tangerine New Client 2.4% Interest Rate Offer, to the exclusion of this Offer. The Offer is available on deposits made within 182 days from the date the first Applicable Account was opened (the “Promotion Period”) to a maximum of $500,000 per Applicable Account Type. The Offer is current as of January 9, 2017 and is calculated by adding "Additional Interest" of 1.10% to the Bank’s current applicable posted rate ("Posted Rate") for the Applicable Account. The Posted Rate and Additional Interest are annualized rates, calculated daily and paid monthly. The Offer is only applicable to Applicable Accounts where the eligible Client is the Primary Account Holder. The Offer and interest rates are subject to change without notice. Full Offer Terms and Conditions are available here.

* The 2.40% New Client Interest Rate Offer (the “Offer”) is available to new Tangerine Clients who have never held any Account with the Bank prior to November 2, 2016 and who open their first Account with the Bank on or before May 15, 2017. The Offer applies only to Tangerine Savings Accounts (“Savings”), Tangerine Tax-Free Savings Accounts (“TFSA Savings”), and Tangerine RSP Savings Accounts (“RSP Savings”), collectively referred to as “Applicable Accounts” and each referred to as an “Applicable Account Type”. To receive the Offer, Clients must either: (a) have already qualified for the 1.90% New Client Interest Rate Offer, and then open a Tangerine Chequing Account within 182 days of qualifying for the 1.90% New Client Interest Rate Offer; or (b) open a Tangerine Chequing Account and then open an Applicable Account within 90 days of opening their first Account with the Bank. The Offer is available on deposits to Applicable Accounts made either: (a) within the remaining days from their Promotion Period as defined in the 1.90% New Client Interest Rate Offer, beginning on the date they opened their first Tangerine Chequing Account, for Clients who previously qualified for the 1.90% New Client Interest Rate Offer; or (b) within 182 days from the date the first Applicable Account was opened, for Clients who opened a Tangerine Chequing Account before opening an Applicable Account (the “Offer Period”). The Offer is available on deposits made to Applicable Accounts during the Offer Period to a maximum of $500,000 per Applicable Account Type. The Offer is current as of January 9, 2017 and is calculated by adding "Additional Interest" of 1.60% to the Bank’s current applicable posted rate ("Posted Rate") for the Applicable Account. The Posted Rate and Additional Interest are annualized rates, calculated daily and paid monthly. The Offer is only applicable to Applicable Accounts where the eligible Client is the Primary Account Holder. The Offer and interest rates are subject to change without notice. Full Offer Terms and Conditions are available here.

‡ Six months equals 182 days.

To earn the $25 Bonus, you must become a New Tangerine Client using the Orange Key “Orange25” and successfully open your first Tangerine Savings Account, Tangerine RSP Savings Account, Tangerine Tax-Free Savings Account or Tangerine Chequing Account with a minimum initial deposit of $100 by May 15, 2017. Accounts are deemed successfully opened when you have satisfied the Account Terms and Conditions and the Account is without restrictions. Bonus deposits will be made to your first opened Tangerine Account within thirty days of Account opening. Limit of one (1) $25 Bonus per Client.

†† To earn the $75 Bonus, which is available between September 1, 2016 and May 15, 2017 to eligible Clients who switch their eligible payroll direct deposits for at least three consecutive months, the Offer Terms and Conditions must be satisfied. Only Clients who have never received a Bonus related to switching their payroll direct deposits are eligible for the $75 Bonus. The Offer will only be applicable to Tangerine Chequing Accounts where the eligible Client is the Primary Account Holder. Full offer Terms and Conditions are available here.