Need an extra bump to help you reach your maximum RSP contribution? Our flexible RSP Loan offers a great rate with no fees or service charges and no penalties for early repayment.
Flexible repaymentFlexible repayment
Quick approvalQuick approval
You’ll receive one of the best rates in the market of since . This rate of is available on Loans where proceeds are contributed to a Tangerine RSP Account. If Loan proceeds are used to contribute to an RSP somewhere else, a standard unsecured rate of 8.75% will apply.
Choose either a 9 or 12 month Loan repayment term.
No fees, no service charges
Pay off your Loan instead of just paying off the interest. There are no early repayment penalties.
Get a response within 24 hours of your application.
Calculate your RSP Loan payments
You choose whether to repay your Loan in 12 payments over 1 year or, if you prefer, wait 3 months and repay the Loan in full in the following 9 months... now that's flexibility!
Don’t think this Account is for you? Take a look at our other options.
Mortgage and other loan rates are annual rates and are subject to change without notice and are current as of today's date.
Open a 1 Year RSP GIC and earn a great interest rate of 3.00%*
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.
*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.