Business Savings Account

Typical business accounts pay little or no interest, but a Tangerine Business Savings Account is designed to complement your existing business chequing account at another financial institution and help you grow your business cash. You’ll earn a great interest rate and help reach your business savings goals faster.
Interest rate Up to
Monthly Fee $0
Minimum balance $0
Call us at 1-888-826-4374

Key Features

Great rate
Help grow your business savings at a great interest rate. The more you save, the more your business earns, up to .
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.
No minimum balances
With no minimum balance requirement, you can save as much or as little of your business cash as you like.
Keeps your business cash stashed
Designed to complement the business chequing account you have somewhere else, this is a great way to grow your extra business cash.

Current Interest Rates

Current annual interest rates since .
$0.00 - $99,999.99
$100,000.00 - $499,999.99
$500,000.00 or more
Open a Business Savings Account

Your business needs to have a chequing account at another financial institution in order to open a Tangerine Business Savings Account.

We want to make sure you realize that this is a Savings Account to grow your business savings, not a chequing account.

Here are the steps:
Here are some other savings options for your business.
(We don’t currently offer chequing accounts for businesses.)
Business US$ Savings Account
Learn More
Business GIC
Learn More
Business US$ GIC
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†Fair fees mean they are disclosed and agreed to in advance, and the amount makes sense relative to the benefit received. For more details about any of our fees, please see our fee schedule here.

Business Savings Account and Business GIC interest rates expressed on this website are annual interest rates and are current as of today's date. Interest rates are subject to change without notice. Interest is calculated daily and paid monthly on our Savings Accounts. GIC terms of one year or longer have interest calculated on the basis of 365/366 days and compounded and/or paid annually. GIC terms of less than one year have interest calculated on the basis of 365/366 and paid at maturity. ...In order for us to properly confirm all of the required details for the business, business Clients must have a Canadian dollar Business Savings Account as their first Tangerine Business Account. Subsequent Account types can then be opened with us over the phone.

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