*Current interest rates as of today's date. 1 year at APR, 2 years at APR, 3 years at APR, 4 years at APR, 5 years at APR. All rates and fees are subject to change. The applicable interest rate will apply when your Loan proceeds are placed and kept in any Tangerine RSP Account(s), otherwise the interest rate will be 8.75% for all terms. Please refer to the Loan Agreement and RSP Loan Addendum for more details. Interest accrues from the funds advance date. The Loan amount is repaid through automatic periodic payments. Additional payments can be made or the entire Loan can be paid off at any time without penalty.
Open a 1 Year RSP GIC and earn a great interest rate of 3.00% footnote *
Get the guaranteed growth of a GIC and the tax benefits of an RSP
With an RSP GIC, you’ll benefit from the guaranteed growth of a GIC combined with the tax benefits of an RSP. And, with no fees or service charges while you save with us, your retirement savings have the best chance to grow. There are no minimums, so you can lock away as much or as little of your retirement savings as you like.
Please make sure you’ve double-checked your RSP contribution limits to ensure you won’t exceed them.
footnote *GIC rates are annualized and are current as of today’s date and are subject to change without notice. GIC terms of one year or longer have interest calculated on the basis of 365/366 days and compounded and/or paid annually. For registered GIC Accounts, there are no fees while you’re saving with us. If at some point you decide to transfer registered GIC funds to another financial institution, a $45 fee will apply. You will have 30 days from the purchase or re-investment date to cancel the new GIC.