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27 years of Tangerine milestones

Out of a lifetime of milestones, we've picked 27 that define our journey as Canada's leading digital bank.

April 25, 2024

Written by Tangerine

A festive orange logo with the number 27 in the middle.

27 years of Tangerine milestones

It’s Tangerine’s 27th birthday!

Don’t worry. We aren’t expecting presents.

Earning the trust of millions of Canadians is rewarding enough.

In return, we’ve helped revitalize the banking experience in this country, by promising – and delivering – fewer fees, great rates, and simplified products that give all our Clients the power to understand and control their financial destiny.

In 27 years, we’ve put billions of dollars in interest into the pockets of Canadians. To us, that’s icing on the cake.

Out of a lifetime of milestones, we’ve picked 27 that define our journey as Canada’s leading digital bank.


1. ING DIRECT opens as Canada’s first branchless bank, disrupting the industry with its no-fee, high-interest Savings Account.


2. Our website is launched, introducing online banking in addition to our great Contact Centre service. Saving just got easier.


3. You want investments? We’ve got Investments. ING DIRECT launches its first mutual funds....


4. ... and now Mortgages too. Our Mortgage offers Clients a great rate upfront and flexible payment options.


5. Our Investment options expand to Quebec.


6. Bank on the go, with our new Mobile Banking app.

7. Introducing our no-fee1 daily Chequing Account, which actually pays Canadians interest.


8. Scotiabank acquires ING DIRECT Canada, and the next chapter of direct banking begins.

9. We’re No. 1! For the first time, we rank first in customer satisfaction among all mid-sized banks in the J.D. Power Canada Retail Banking Satisfaction Study2. But we’re not about to rest on our laurels.


10. You can now deposit cheques with a smartphone using our Cheque-In feature, a first in Canadian banking.


11. Welcome to Tangerine. New name, same bold use of orange.


12. The Tangerine Money-Back Credit Card adds a splash of colour, and some extra cash, to your wallet.


13. A fully redesigned Forward Banking experience for web and mobile helps Clients visualize their finances in a new and powerful way.


14. Tangerine becomes the official bank of the Toronto Raptors. That very season, the team goes on to take the championship. Coincidence?


15. Client Cards now include Visa* Debit, giving Clients the ability to make online and in-app purchases using money in their Chequing Account.


16. Introducing our Global ETF Portfolios, offering an intuitive way for Clients to gain exposure to a selection of Exchange Traded Funds in a mutual fund.

17. Sign up with a selfie. Use our Mobile Banking app to become a Tangerine Client completely digitally.3 Now smile! :)


18. We’re No. 1 – times 10! For the 10th year in a row, Tangerine ranks first in customer satisfaction among all mid-sized banks in the J.D. Power Canada Retail Banking Satisfaction Study2. (Spoiler alert: We do it again in 2022 and 2023.)

19. We partner with Kids Help Phone’s RiseUp initiative to provide critical programming that empowers and supports Black youth in Canada.

20. Tangerine becomes the first foundational partner of the WNBA in Canada and introduces Phoenix Mercury guard Kia Nurse as our Tangerine Champion.


21. Following on the success of our Global ETF Portfolios, Tangerine adds Socially Responsible Global Portfolios to our Investment Fund offering, an opportunity for Clients to invest in a way that aligns with their personal values.

22. Tangerine surpasses $8.6 billion in interest paid out to Canadians. And counting.

23. We love giving back to the communities we live in, and so do our employees, devoting roughly 50,000 volunteer hours to date. That’s more than five hours a day for 25 years!

24. April 27, 2022. Celebrating a quarter-century as Canada’s leading digital bank, with over 1,200 employees Canada-wide. More than 13,000 Clients who opened an Account in our first year, 1997, are still banking with us today.


25. Tangerine paints two towns orange with a refreshed fleet of bikes in Toronto and e-bikes in Montreal, thanks to bold new partnerships with Bike Share Toronto and BIXI Montréal.


26. Another year, another launch. Introducing our Money Market Fund, a stable solution for low-risk investors who seek to protect their money from market fluctuations.

27. Tangerine unveils a revamped website with a new look and a new name for our learning centre, The Juice. The updates herald a year of more exciting changes to come – 27 years and many innovations away from our humble origins.

They grow up so fast, don’t they?

1Pay no fees for everyday Chequing transactions. For non-standard transactions, a fee may apply.

2For J.D. Power award information, visit

3Some conditions may apply. Service is subject to availability and successful digital verification.

This article or video (the “Content”), as applicable, is provided by independent third parties that are not affiliated with Tangerine Bank or any of its affiliates. Tangerine Bank and its affiliates neither endorse or approve nor are liable for any third party Content, or investment or financial loss arising from any use of such Content.

The Content is provided for general information and educational purposes only, is not intended to be relied upon as, or provide, personal financial, tax or investment advice and does not take into account the specific objectives, personal, financial, legal or tax situation, or particular circumstances and needs of any specific person. No information contained in the Content constitutes, or should be construed as, a recommendation, offer or solicitation by Tangerine to buy, hold or sell any security, financial product or instrument discussed therein or to follow any particular investment or financial strategy. In making your financial and investment decisions, you will consult with and rely upon your own advisors and will seek your own professional advice regarding the appropriateness of implementing strategies before taking action. Any information, data, opinions, views, advice, recommendations or other content provided by any third party are solely those of such third party and not of Tangerine Bank or its affiliates, and Tangerine Bank and its affiliates accept no liability in respect thereof and do not guarantee the accuracy or reliability of any information in the third party Content. Any information contained in the Content, including information related to interest rates, market conditions, tax rules, and other investment factors, is subject to change without notice, and neither Tangerine Bank nor its affiliates are responsible for updating this information.

Tangerine Investment Funds are managed by 1832 Asset Management L.P. and are only available by opening an Investment Fund Account with Tangerine Investment Funds Limited. These firms are wholly owned subsidiaries of The Bank of Nova Scotia. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.