Account Overview

Take advantage of Tangerine Tax-Free Savings Account (TFSA) and save tax-free on accumulated interest or withdrawals.

With no monthly fees, access your money anytime and easily manage your account online or via the mobile app.

Contribute up to $7,000 a year and reach your financial goals faster.

0.3%. Regular annual rate. Total promotional annual rate: 5%. New clients only: client number created July 28–November 30, 2026; open an eligible account as primary holder within 60 days. Total annual rate for 153 days from the first eligible registered or non-registered account; subsequent accounts share the remaining period. Maximum $1,000,000 per registered account type, subject to tax contribution limits.

Account highlights

5% for 153 days, eligible new clients only; client number created by November 30, 2026.

Pros & Cons

Pros

  • No monthly fee
  • Promotional rate of 5%

Cons

  • Low regular interest rate

Account Features

  • E-StatementNot included

Terms and conditions

  • No tax on accumulated interest or withdrawals
  • No monthly fees
  • Access to your money at all times
  • Annual contribution limit of $7,000
  • No penalties for early withdrawals
  • Easy management online and via mobile application

0.3%. Regular annual rate. Total promotional annual rate: 5%. New clients only: client number created July 28–November 30, 2026; open an eligible account as primary holder within 60 days. Total annual rate for 153 days from the first eligible registered or non-registered account; subsequent accounts share the remaining period. Maximum $1,000,000 per registered account type, subject to tax contribution limits.

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