Chequing
Tax-Free Guaranteed Investment
Grow your savings safely, securely and completely tax-free. With a great interest rate, a Tangerine Tax-Free GIC is a smart, reliable choice when you’re ready to set some money aside.
Up to 3.50%†
Interest rate
$0
Monthly fee
Great rate
Lock in your savings for one of our set terms and start earning a great interest rate.
No unfair† fees or service charges
We simply don’t believe in unfair fees. So you won’t have to pay to save with us.
Easy to open online
Once you’re a Tangerine Client, opening a GIC online takes just a few minutes.
About TFSAs
18 years and up
Currently, individuals who are at least 18 years of age can open a TFSA.
$7,000 annually*
Contribute up to $7,000* annually (as a combined total for all TFSAs held at all institutions).
$102,000 in total
If you've never contributed to a TFSA, and you were eligible to contribute since they were introduced in 2009, as of January 1, 2025, you can contribute a total of up to $102,000, which includes all unused contributions carried over since 2009.
* Annual limit based on legislation current as of January 1, 2025, subject to potential future change.
Current GIC interest rates
Current interest rates as of today's date.
| Term | Rate |
| 90 Day | 2.75%† |
| 180 Day | 3.00%† |
| 270 Day | 3.10%† |
| 1 Year | 3.20%† |
| 1.5 Year | 3.25%† |
| 2 Year | 3.30%† |
| 3 Year | 3.40%† |
| 4 Year | 3.45%† |
| 5 Year | 3.50%† |
Reach your savings goals faster
Create a personalized savings goal and have money moved automatically to your Tangerine Account.
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Join with our app
Become a Client completely digitally with our Mobile Banking app3. Sign up without leaving your home or having to call us—it’s a fast, convenient and secure mobile experience.
Don’t have our Mobile Banking app3 yet? Download it today, so you can bank easily from anywhere.
