Offer for new customers : Earn 6.00% interest with Tangerine savings accounts!

To the point Until October 31, 2024, get a promotional interest rate of 6.00% for 5 months on savings accounts with Tangerine. One of the best rates in Canada!

Tangerine makes it easy to manage personal finances with its user-friendly online tools and mobile app, all with no monthly fees.

The Tangerine Savings Account offers Canadians a simple option for growing their savings. Several account types are available, in Canadian or U.S. dollars, as well as registered savings solutions such as TFSAs, RRSPs and RRIFs.


Tangerine Savings Account - A promotional interest rate of 6.00% for 5 months

Until October 31, 2024, you can earn an interest rate of 6.00% for 5 months by opening a Tangerine savings account!

Here are the main features of the Tangerine savings account:

  • No service charges or other fees
  • No minimum balance required
  • Competitive interest rates
  • Interest calculated daily and paid monthly
  • Manage your savings via the Tangerine mobile app

The promotional rate applies to new deposits, up to a maximum of $1,000,000.

This is one of the best rates in Canada for a savings account! If you set aside $10,000 in this account for five months,you’ll earn $254.05 ininterest.

Tangerine Savings Account - For existing customers

If you are already a Tangerine customer, you will not be able to take advantage of this specific offer. However, Tangerine very often offers its customers promotional rates on their savings accounts. Check your customer account, there may be an offer waiting for you!


How do I open a Tangerine savings account?

Opening a Tangerine savings account couldn’t be easier:

  1. Go to the Tangerine savings account web page and click on Open an account ;
  2. Download the Tangerine mobile app and scan the QR code on the page ;
  3. Enter your personal information and choose a PIN (you will need to provide your social insurance number) ;
  4. Check your identity.

There you go ! There’s no need to go to the branch for document verification. Your customer account will be created. Now all you have to do is choose the type of savings account you want to open.

Other Tangerine products

Tangerine credit cards

Tangerine offers two different credit cards, both offering cash back: the Tangerine Money-Back Credit Card and the Tangerine World Mastercard.

The welcome bonuses on these cards also allow you to benefit from a bonus discount rate for several months:

The different Tangerine bank accounts

Bottom Line

To grow your savings at an excellent interest rate of 6.00%, grab this welcome offer for the Tangerine Savings Account before October 31, 2024!

Terms and conditions of the offer

The 6.00% interest offer is aimed at new Tangerine customers:

  • whose Tangerine Bank customer number is created between May 14, 2024 and October 31, 2024; and
  • opening an eligible savings account within 60 days of the date their customer number was created.

During the promotional period, the 6.00 % rate applies to the following eligible savings accounts:

  • Tangerine Savings Account
  • Tangerine Tax-Free Savings Account (TFSA)
  • Tangerine RSP Savings Account
  • Tangerine RIF Savings Account
  • Tangerine US Dollar Savings Account

A promotional interest rate of 6.00% will be applied to deposits made in eligible savings accounts for a period of 153 days (5 months) from the date on which all eligibility conditions are met.

This rate applies to a maximum of $1,000,000 in the currency of the eligible savings account per account type, subject to CRA limits for any registered account.

Find the complete terms and conditions on this page.

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Jean-Maximilien Voisine
Jean-Maximilien is an expert in Canada and France about Loyalty programs, Credit cards and Travel. He is the Founding President of Milesopedia.

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