Tangerine Savings Account
CDIC Insured
One of Canada's original online banks, known for great promo rates and no-fee daily banking.
Current Interest Rate
4.5%
Promo Rate
Calculate Your Returns with Tangerine
$
Total Interest Earned
$459.40
Based on 4.5% interest rate over 12 months
Key Account Facts
Monthly Fees
$0
Min Deposit
$0
Transactions
Unlimited
Transfer Time
Instant (internal)
The Good
- Backed by Scotiabank
- Free access to 3,500+ ABMs
- Simple, user-friendly app
- Automatic savings program
The Bad
- Base rate is low outside promos
- No physical branches
- Customer service wait times
Frequently Asked Questions
Who owns Tangerine?
Tangerine is a subsidiary of Scotiabank.
How do I deposit cash?
You can use Scotiabank ABMs to deposit cash for free.