Up to 4.50%
Interest rate
$0
Monthly fee
A no-fee savings account with a 153-day promo rate for new clients.
The Tangerine Savings Account earns a promotional rate of 4.50% for your first five months as a new client, on balances of up to $1 million.
Once the promotional window ends, the rate reverts to Tangerine's regular posted rate of 0.30%.
The current offer is available to new clients through July 31, 2026. If you're saving in a registered account instead, Tangerine offers a slightly higher 4.60% promotional rate on TFSA, RSP, and RIF savings.
Interest is calculated daily and paid out monthly.
True to Tangerine's no-fee approach, the Savings Account has no monthly fee and no minimum balance requirement.
Deposits are eligible for CDIC coverage.
Tangerine lets you open up to 10 separate non-registered savings accounts, which makes it easy to split your savings across different goals.
The Automatic Savings Program can move money over on a recurring schedule, and you can deposit cheques from your phone with the mobile app.
Interac e-Transfers are supported for moving money in and out.
Terms and conditions apply. The information for the Tangerine Savings Account has been collected independently by Prince of Travel and is not provided or reviewed by Tangerine. Offers, rates, and fees are subject to change — always confirm details on the financial institution's website before applying.
Last updated: July 8, 2026