Business US Dollar Savings Account
Typical business accounts pay little or no interest, but a Tangerine US Dollar Business Savings Account is designed to complement your existing US dollar business chequing account at another financial institution and help you grow US funds you’d like to set aside for your business savings goals.
Our rates are great at since .
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
Earn the same great rate on every dollar in your Account.
Open your US Dollar 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 which is used for the day to day operation of your business.
Here are the steps:
1First, you’ll need to have a Tangerine Business Savings Account in order for us to properly confirm all of the required details for the business. If you don’t have one already, submit your enrollment request.
2You’ll also need a US dollar business chequing account at another financial institution in order for your US dollars to be accessible.
If you already have a Tangerine Business Savings Account, call us at 1-888-826-4374 to open a US Dollar Savings Account.
Here are some other savings options for your business.(We don’t currently offer chequing accounts for businesses.)
Business Savings Account
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.
Please note: Tangerine Business US Dollar Savings Accounts are not insured by CDIC.