• The Tangerine Savings Account is the product that started the revolution. Save your money and earn interest considerably higher than the average of the major banks.
• Special Offer: Become a new Client and earn 2.50%* interest for the first 5 months** on your first Savings Account, now including US$ and RIF Savings Accounts.
• The Cash Back Rebate from GCR will be paid upon opening a new Tangerine Savings Account. Cash back offer is for new clients only. If you had a Savings account or Chequing at Tangerine previously then you will not get the rebate.
*The 2.50% New Client Interest Rate Offer (the “Offer”) is available to new Tangerine Clients whose Client Number with the Bank was created between June 16, 2020 and October 31, 2020. To receive the Offer, Clients must open an Applicable Account within 90 days of the date their Client Number was created. The Offer applies only to Tangerine Savings Accounts , Tangerine Tax-Free Savings Accounts, Tangerine RSP Savings Accounts, Tangerine RIF Savings Accounts and Tangerine US$ Savings Accounts† (each an “Applicable Account”, and multiple Accounts of the same types are referred to as an “Applicable Account Type”). The Offer is available on new deposits made within 153 days (equivalent to 5 months) from the date the first Applicable Account was opened (the “Promotion Period”) to a maximum $1,000,000 per Applicable Account Type. For deposits to registered Applicable Accounts, deposits made by transferring registered funds through a T2033 form will earn interest at the applicable Posted Rate (i.e. during transit of funds) until such time as the funds are actually received by Tangerine, after which such deposits will begin to earn the Promotional Interest rate only for the remainder of the Promotion Period, if any. The Promotional Interest rate is an annualized rate, calculated daily and paid monthly. The Offer is only applicable to Applicable Accounts where the Eligible Client is the Primary Account Holder. Offer may change or be cancelled without notice. Full offer Terms and Conditions, including definitions of any capitalized terms, are available here.
† For US$ Savings Accounts, the combined maximum deposit amount for this Account Type is $1,000,000 USD.