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.
Interest rate Up to
Monthly Fee $0
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Key Features of a Tax-Free GIC

Great rate
Lock in your savings for one of our set terms and start earning a great interest rate.
No unfair† fees while you save with us
We simply don’t believe in unfair fees. We do believe in giving your savings the power to grow.
Easy to open online
Once you’re a Tangerine Client, opening a GIC online takes just a few minutes.
About TFSA Limits
Currently, all Canadians who are at least 18 years of age can contribute up to $6,000* annually (as a combined total for all TFSAs held at all institutions). If you've never contributed to a TFSA, and you were eligible to contribute since they were introduced in 2009, as of January 1, 2020, you can contribute a total of up to $69,500, which includes all unused contributions carried over since 2009.

* Annual limit based on legislation current as of January 1, 2020, subject to potential future change.

Understanding RSPs and TFSAs
Top 4 things you should know about TFSAs (Infographic)
About TFSA Limits
Currently, all Canadians who are at least 18 years of age can contribute up to $6,000* annually (as a combined total for all TFSAs held at all institutions). If you've never contributed to a TFSA, and you were eligible to contribute since they were introduced in 2009, as of January 1, 2020, you can contribute a total of up to $69,500, which includes all unused contributions carried over since 2009.

* Annual limit based on legislation current as of January 1, 2020, subject to potential future change.

Understanding RSPs and TFSAs
Top 4 things you should know about TFSAs (Infographic)

Current GIC interest rates

Current per year interest rate as of today's date.
90 Day
Guaranteed Investment
0.20%
180 Day
Guaranteed Investment
0.60%
270 Day
Guaranteed Investment
0.75%
1 Year
Guaranteed Investment
0.65%
1.5 Year
Guaranteed Investment
0.70%
2 Year
Guaranteed Investment
0.75%
3 Year
Guaranteed Investment
0.80%
4 Year
Guaranteed Investment
1.00%
5 Year
Guaranteed Investment
1.10%

GIC Interest Calculator

See how much interest you’ll earn in your GIC.

GIC Table

In 90 days at an interest rate of 0.20%, you'll have earned 2.47 dollars in interest. A 180 day GIC terms at an interest rate of 0.60% would give you 14.79 dollars in interest.*

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footnote *Estimator tool is for demonstration purposes only and should not be relied upon as financial or other advice.

Don’t think this Account is for you? Take a look at our other options.
Guaranteed Investment
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RSP Guaranteed Investment
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RIF Guaranteed Investment
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†TFSAs have no unfair fees while you’re saving with us. If at some point you decide to transfer your funds to another financial institution, a $50 fee will apply. 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.
Savings Account, Chequing Account, and 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 and Chequing 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.
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