Tangerine TFSA Kick Start Account and Bonus Offer Terms & Conditions


  1. The Tangerine TFSA Kick Start Account (the “Kick Start Account”) is a limited-time, non-registered Savings Account that allows Clients to set aside funds that they plan to contribute to their existing Tangerine TFSA on or after January 1, 2020. Eligible Clients who open a Kick Start Account between November 1, 2019 and December 31, 2019 (the “Offer Period”), will be eligible for the TFSA Kick Start Bonus Offer in which Tangerine Bank will double any interest earned in the Kick Start Account during the Offer Period (the “Offer”).

  2. All Account Terms that apply to a Tangerine non-registered Savings Account also apply to the Kick Start Account.


  1. The Offer is only available to Tangerine Clients who have both an existing Tangerine non-registered Savings Account and a Tangerine Tax-Free Savings Account (each an “Eligible Client”) who activate a Kick Start Account and make a deposit during the Offer Period.

  2. There is a limit of one (1) Offer per Eligible Client. This Offer is non-transferable.

  3. The maximum allowable deposit amount for the Kick Start Account during the Offer Period is $6,000.

Kick Start Account Interest Payments:

  1. During the Offer Period, deposits in the Kick Start Account will earn interest at Tangerine’s Savings Account Posted Rate. To view Tangerine’s Posted Rates, click here. Interest will be calculated daily and paid monthly into your Kick Start Account.

  2. On December 31, 2019, Tangerine Bank will pay into your Kick Start Account an amount in bonus interest (the “Bonus Interest”) that is equal to the total interest earned in the Kick Start Account during the Offer Period pursuant to Section 6. For example, if you earned $10 in interest at the Posted Rate during the Offer Period in your Kick Start Account, your Bonus Interest earned will be $10.

  3. In order to receive your Bonus Interest, your Kick Start Account must be in good standing on December 31, 2019 and at least one of your Tangerine non-registered Savings Accounts and one of your Tangerine Tax-Free Savings Accounts must remain open at all times during the Offer Period. If you’ve closed all of your non-registered Tangerine Savings Accounts or all of your Tax-Free Savings Accounts during the Offer Period, you are not eligible for this Offer and will not receive any Bonus Interest.

TFSA Contribution:

  1. On January 1, 2020, up to $6,000 of the deposited amount in your TFSA Kick Start Account as at close of business (EST) on December 31, 2019 will be transferred to one of your existing Tangerine Tax-Free Savings Accounts. Any amounts deposited in excess of $6,000 plus any interest earned during the Offer Period, including any Bonus Interest, will be transferred into one of your existing Tangerine non-registered Savings Accounts. This is to help ensure that your Tax-Free Savings Account doesn’t exceed the maximum contribution limit allowed by the Canada Revenue Agency for 2020. After your deposit balance and interest have been transferred, we will automatically close your TFSA Kick Start Account.

  2. Please note that last minute changes may still be made to tax laws in 2019 by the Federal and/or any Provincial Governments and these changes could modify the contribution limit and/or increase the tax payable on interest earned in the Kick Start Account. You agree that by participating in this Offer, you are ultimately responsible to ensure your TFSA contribution meets applicable tax requirements for 2020 and you agree that Tangerine Bank is not liable for any loss or damage that you suffer as a result of their overcontribution to TFSA. In the event that changes do occur during the Offer Period, no changes to the Offer will be made by Tangerine Bank.

Offer Limitations:

  1. This Offer is non-transferrable, non-saleable, may not be exchanged for cash and can’t be combined with any other discounts, offers, or promotions except as otherwise permitted.

  2. Tangerine Bank reserves the right at its absolute discretion to vary, delete or add to any of these Terms and Conditions from time to time without prior notice. In the event of conflict, these Terms and Conditions will prevail over any of the contents of any brochure, promotional materials or statements, or any other communication regarding this Offer, whether written or oral from Tangerine Bank, except where otherwise stated.

  3. Tangerine Bank reserves the right at its sole discretion to, without advance notice, terminate or suspend the Offer, in whole or in part, or modify it in any way, including if the Offer can't run as planned for any reason, including infection by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the reasonable control of Tangerine Bank which corrupt or affect the administration, security or proper conduct of this Offer.

  4. Tangerine Bank reserves the right, at its sole discretion, to suspend, disqualify, limit or revoke this Offer for any Account holder it finds or believes to be manipulating or otherwise abusing the process, fairness, or integrity of the Offer or who otherwise is deemed ineligible.

  5. Unless otherwise specified, all dollar references are in Canadian dollars.

  6. By accepting this Offer, you agree that you have read and understood these Terms and Conditions and agree to be bound by them. Any notice with respect to this Offer is deemed to be provided on the day it is posted on our website.