You'd be surprised at just how little it takes to save with Tangerine – especially since there aren't any minimum balances or fees to save with us. Instead, we believe that saving should be simple. And we believe it should be rewarding. That's why we offer you a number of safe and simple ways to save.
Find out how to earn 2.40%** interest on your Tangerine Savings Account when you become a Client.
* Offer valid from October 11, 2017 to December 31, 2017 and cannot be combined with any other offer. Limit of one Account per person. Interest is calculated daily and paid monthly. Rates, like the weather, are subject to change. On January 1, 2018, the money in your 2018 TFSA Kick Start Account will be transferred to a Tangerine Tax-Free Savings Account. If the balance in your 2018 TFSA Kick Start Account is greater than $5,500 on January 1, 2018, Tangerine will transfer up to $5,500 into your Tangerine Tax-Free Savings Account. This is to help ensure that your TFSA does not exceed the maximum limit allowed by Canada Revenue Agency for 2018. Any remaining money will be transferred to your primary Tangerine Savings Account on January 1, 2018. If you don’t have a Tangerine Savings Account, we will open one for you. Full Offer Terms and Conditions are available here.
†† Annual limit based on legislation current as of January 4, 2016, subject to potential future change.
** The 2.40% New Client Interest Rate Offer (the “Offer”) is available to new Tangerine Clients who have never held any Account with the Bank prior to November 2, 2016 and who open their first Account with the Bank on or before January 31, 2017. The Offer applies only to Tangerine Savings Accounts (“Savings”), Tangerine Tax-Free Savings Accounts (“TFSA Savings”), and Tangerine RSP Savings Accounts (“RSP Savings”), collectively referred to as “Applicable Accounts” and each referred to as an “Applicable Account Type”. To receive the Offer, Clients must either: (a) have already qualified for the 1.90% New Client Interest Rate Offer, and then open a Tangerine Chequing Account within 182 days of qualifying for the 1.90% New Client Interest Rate Offer; or (b) open a Tangerine Chequing Account and then open an Applicable Account within 90 days of opening their first Account with the Bank. The Offer is available on deposits to Applicable Accounts made either: (a) within the remaining days from their Promotion Period as defined in the 1.90% New Client Interest Rate Offer, beginning on the date they opened their first Tangerine Chequing Account, for Clients who previously qualified for the 1.90% New Client Interest Rate Offer; or (b) within 182 days from the date the first Applicable Account was opened, for Clients who opened a Tangerine Chequing Account before opening an Applicable Account (the “Offer Period”). The Offer is available on deposits made to Applicable Accounts during the Offer Period to a maximum of $500,000 per Applicable Account Type. The Offer is current as of November 2, 2016 and is calculated by adding "Additional Interest" of 1.60% to the Bank’s current applicable posted rate ("Posted Rate") for the Applicable Account. The Posted Rate and Additional Interest are annualized rates, calculated daily and paid monthly. The Offer is only applicable to Applicable Accounts where the eligible Client is the Primary Account Holder. The Offer and interest rates are subject to change without notice. Full Offer Terms and Conditions are available here.
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