Tangerine Business Savings Account
You need to have cash on hand to run your business, but typical business accounts pay little or no interest. Plus, you need a business degree to figure out all the rules and restrictions of a business account. Well, how about this? High interest, no fees, no service charges and you can always get at your money. This is what you'll get with a Tangerine Business Savings Account.
Now we're talking business.
Plus, now it’s easier to deposit your business cheques – thanks to Cheque-In™
You can now deposit a cheque to your Business Savings Account using your smartphone. Simply snap a photo of your cheque, enter a few details, and voila – the cheque is deposited into your Account. All you need is our simple, secure Mobile Banking app.
Features at a glance:
- Great rate
- No daily banking fees or service charges
- No minimum balances
- Automatic Savings Program
- Easy access
Great rate: Our rates are among the best on the market. After all, shouldn't your capital be working as hard as you do?
No fees, no service charges: Because we know that every penny counts when running a business, we don't believe in unfair fees or service charges. You won't have to pay money to save your money.
No minimum balances: You earn the same great rate on every dollar in your Business Savings Account.
Automatic Savings Program: One of the best features of the Tangerine Business Savings Account is the Automatic Savings Program (ASP). You decide how much you want to save on a regular basis and the ASP moves the money from your other bank account into your Tangerine Business Savings Account. Automatically. You'll be saving without even thinking about it.
Safe and secure: Tangerine Bank is a member of Canada Deposit Insurance Corporation, which means your deposits of up to $100,000 are eligible for CDIC deposit insurance.
Easy access: We're always open so you can bank with us online or by phone anytime, day or night.
Cheque-In™: With the Cheque-In feature of our Mobile Banking app, you simply snap a photo of your cheque, enter a few details and the cheque is deposited into your Account instantly. Cheque-In is free and available on all current mobile platforms.
Switch to Tangerine: A Tangerine Business Savings Account is easy to open and set up too. Once you’ve enrolled, you just need to provide your initial deposit cheque, which will link your business chequing account to your new Tangerine Business Savings Account. This also lets you transfer money back and forth whenever you want between the accounts.
Savings Account, Chequing Account, and GIC rates are annualized and are current as of today's date and are subject to change without notice. Interest is calculated daily and paid monthly in the case of our Savings and Chequing Accounts; and is calculated daily and paid at maturity on a GIC.