Chequing
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.
Up to [[GIC_TFSA.RATE.MAX]]
Interest rate
$0
Monthly fee
Great rate
Lock in your savings for one of our set terms and start earning a great interest rate.
No unfair† fees or service charges
We simply don’t believe in unfair fees. So you won’t have to pay to save with us.
Easy to open online
Once you’re a Tangerine Client, opening a GIC online takes just a few minutes.
About TFSAs
18 years and up
Currently, individuals who are at least 18 years of age can open a TFSA.
$7,000 annually*
Contribute up to $7,000* annually (as a combined total for all TFSAs held at all institutions).
$95,000 in total
If you've never contributed to a TFSA, and you were eligible to contribute since they were introduced in 2009, as of January 1, 2024, you can contribute a total of up to $95,000, which includes all unused contributions carried over since 2009.
* Annual limit based on legislation current as of January 1, 2024, subject to potential future change.
Current GIC interest rates
Current interest rates as of today's date.
| Term | Rate |
| 90 Day | [[GIC_TFSA.RATE.90_DAY]] |
| 180 Day | [[GIC_TFSA.RATE.180_DAY]] |
| 270 Day | [[GIC_TFSA.RATE.270_DAY]] |
| 1 Year | [[GIC_TFSA.RATE.1_YEAR]] |
| 1.5 Year | [[GIC_TFSA.RATE.1.5_YEAR]] |
| 2 Year | [[GIC_TFSA.RATE.2_YEAR]] |
| 3 Year | [[GIC_TFSA.RATE.3_YEAR]] |
| 4 Year | [[GIC_TFSA.RATE.4_YEAR]] |
| 5 Year | [[GIC_TFSA.RATE.5_YEAR]] |
Reach your savings goals faster
Create a personalized savings goal and have money moved automatically to your Tangerine Account.
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Download the app
Become a Client completely digitally with our Mobile Banking app. Sign up without leaving your home or having to call us—it’s a fast, convenient and secure mobile experience‡.
Don’t have our Mobile Banking app yet? Download it today, so you can bank easily from anywhere.
4.6
34,100 Reviews‡
4.7
63,100 Reviews‡
Take a look at our other products
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†Fair fees mean they are disclosed and agreed to in advance, and the amount makes sense relative to the benefit received. Registered Accounts have no unfair fees while your funds are with us. If at some point you decide to transfer your funds to another financial institution, a fee will apply. View the complete list of Account fees.
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.