Tangerine No Fee Daily Chequing
You want to make every hard earned dollar count. It doesn't grow on trees after all. But most bank accounts make it impossible for your money to work as hard as you do. You get nickel and dimed for just going about your everyday banking. Getting a bill for paying a bill is just plain wrong.
What if your money was working for you, instead of paying fees and service charges?
The Tangerine Chequing Account is an online no-fee daily Chequing Account that actually pays you interest on every one of your hard earned dollars. A Chequing Account that actually works as hard as you do. What a concept! And our Chequing Account is loaded with all the features you'd expect from a regular Chequing Account and more.
Features at a glance:
- No fees for daily chequing transactions
- Free Unlimited access to 3,500 Scotiabank ABMs nationwide and 50,000 ABMs worldwide through Scotiabank®’s Global ATM Alliance
- Switch Assistant makes it quick and easy to transfer your everyday banking to Tangerine
Special offer: Switch to No-Fee Daily Chequing and stop paying up to $220 a year in unfair fees. Plus get up to $100 in Bonuses*. Learn more
No fees for daily chequing transactions: Free, unlimited debit purchases, bill payments, pre-authorized payments and Email Money Transfers.
Free ABM access: Free, unlimited access to 3,500 Scotiabank ABMs nationwide and 50,000 ABMs worldwide through Scotiabank’s Global ATM Alliance. Find the ABM closest to you with our ABM locator.
Switch Assistant: Our Switch Assistant will take care of arranging everything that you’d like to transfer over from your chequing account at your other bank – no headaches, no hassles. It’s a simple tool to use and setting up the transfers takes as little as 15 minutes.
Pays interest: Earn interest on every dollar in your Account. Interest is calculated daily and paid monthly.
Simple and comprehensive banking on the go: bank from anywhere, anytime, the way you want on the device you choose (desktop, smartphone, tablet).
24/7 Phone Support: Even though Tangerine Chequing is an online Account, we're still here when you need to speak to someone. If you ever have any problems or questions, feel free to call 1-888-826-4374 and talk to a real person anytime day or night.
Chequebooks: Your first book of 50 cheques is free. You can write, deposit and even view your cheques online at no extra cost. Subsequent chequebooks can be ordered online for $12.50.
Cheque-In®: use this feature of our Mobile Banking app to deposit cheques instantly with your smartphone or tablet
Bank Drafts: Drafts can be ordered through our website and we'll courier your draft right to your front door or to your closest Tangerine Café.
Email alerts: By choosing to receive Orange Alerts, you’ll never have to wonder if payments or deposits have occurred. Orange Alerts send you emails when your money is in motion, to ensure you're on top of it at all times.
Overdraft Protection: Overdraft Protection is a feature that can be added to Tangerine Chequing Accounts to help cover occasional shortfalls in your Account. It covers most everyday transactions, including cash withdrawals, pre-authorized payments, cheques and debit purchases, up to your approved limit. If your Account is short of funds, your Overdraft Protection will automatically kick in to help you avoid having transactions declined or being charged a Non-Sufficient Funds (NSF) fee. For more information click here.
Interac® Flash: Use the Interac Flash feature on your Tangerine Client Card to pay for purchases under $100 quickly and conveniently – you won't need to insert your Card into the chip reader at the checkout or enter your PIN.
Switch to Tangerine Chequing: Tangerine Chequing isn’t just easy to use; it’s easy to open and set up too. Open the Account in minutes online, and then choose your Account activation method. With a quick trip to your nearest Canada Post outlet or Tangerine Café, you can have your Account all set up and ready to use. Or, if you prefer, you can send us your initial deposit cheque to activate your Account – which you can do from the comfort of your home, thanks to the Cheque-In® feature of our Mobile Banking app.
Once your Account is all set up, you can use our Switch Assistant to arrange everything that you’d like to transfer over from your chequing account at your other bank – no headaches, no hassles. It’s a simple tool to use and setting up the transfers takes as little as 15 minutes.
Where are the fees?
Tangerine is committed to ensuring that any fees we need to charge our Clients are fair, and all of our Accounts are considered to be either low-fee or no-fee.
If you’d like to compare our Chequing Account to chequing accounts at other financial institutions, you can do so using the FCAC Account Selector Tool.
|Online daily banking||FREE|
|Tangerine Email Money Transfers||FREE|
|ABM deposits / withdrawals (Tangerine or Scotiabank)||FREE|
|View cheque image online||FREE|
|First cheque book (50 cheques)||FREE|
|Additional cheque books (50 cheques)||$12.50 each|
|Stop payment||1 FREE per year $10 each thereafter|
|Replacement Client card||1 FREE per year $15 each thereafter|
|Canadian drafts (includes courier)||$10|
|NSF (Non-Sufficient Funds) – returned cheques & Pre-Authorized Debits||$25|
|Other ABM withdrawals (not a Tangerine or Scotiabank ABM) - In Canada||$1|
|Other ABM withdrawals (not part of Global ATM Alliance1) - In the US / Worldwide||$2|
Optional Overdraft Protection
|Overdraft Fee||$5 per use (charged up to a maximum of once per month)†|
|Overdraft Interest||19% (per annum)††|
Security Guarantee: We take security seriously, which is why you get our industry-leading Security Guarantee with your Tangerine Chequing Account. Our enhanced DoubleSafe login process protects you and your Accounts from unauthorized access, while reassuring you that you are at the real Tangerine website.
Our encrypted website ensures confidential data is protected online. All information you share with us is held in the strictest confidence and is in compliance with privacy standards followed by all major Canadian financial institutions.
We have an ongoing commitment to build innovative and proven security features that enhance your banking experience. That’s why Tangerine offers you free IBM Security Trusteer Rapport software to provide online identity theft and online transaction protection. IBM Security Trusteer Rapport will protect your web browser session with any website that contains private or personal information. It doesn’t require any configuration or maintenance. Simply install and browse safely.
SecureChip: Your Tangerine Client Card contains an embedded microchip for safe and secure banking. Using proven technology, your Card helps protect your Accounts and personal information from fraud
Interac’s Zero Liability Policy: All debit purchases, including those made using your Client Card’s Interac Flash feature are protected by Interac’s Zero Liability Policy
Ready to enroll?Enrolling online is simple, fast and safe. Just click the Enroll now button to get started.
The "Tangerine" trademarks are owned by the Bank of Nova Scotia and used under license.
Scotiabank® is a registered trademark of The Bank of Nova Scotia.
Cheque-In® is a registered trademark of Tangerine Bank.
* Offer is available between September 1, 2016 and February 28, 2017 (the "Offer Period"). A $25 Account Opening Bonus is available to New Tangerine Clients whose first product is a Tangerine Chequing Account and who enroll using the Orange Key 'Orange25'. The Account must be successfully opened by February 28, 2017. A further $75 Payroll Bonus is available to New Tangerine Clients if, in addition to successfully opening their first Tangerine Chequing Account during the Offer Period, also have their first payroll direct deposit received in their Tangerine Chequing Account by March 31, 2017, and have their subsequent payroll direct deposits continue for 3 consecutive months. To receive the $75 Bonus, the Client must never have received a Bonus related to switching their payroll direct deposits or pre-authorized payments to any Account any time previously. Bonus(es) will be paid to the Client’s Tangerine Chequing Account in the subsequent month following the satisfaction of these conditions. Full offer Terms and Conditions are available here.
(1) Tangerine will waive the International ABM Access Fee and Global ATM Alliance members will waive any terminal convenience or usage fees for any withdrawal transactions performed at Global ATM Alliance machines with your Tangerine Debit Card. “Free Access” does not apply to Scotiabank ABMs in Costa Rica, Haiti, Panama or Uruguay.
†A $5.00 fee is applied on the day you go into overdraft if the balance remains overdrawn at 11:59 PM Eastern Time on that calendar day. Thereafter, if your Account remains overdrawn, a $5.00 fee will be applied on the first calendar day of the following month and on each subsequent month until the Account balance is returned to zero.
††Interest payable on overdrawn balances is calculated daily on the daily closing overdrawn balance at 19.00% per annum. This interest is charged to your Account monthly.