Tangerine Savings Account
New Client Two Rate Savings Offer
Welcome bonus
Up to 4.50%
Interest rate
$0
Monthly fee
A no-fee savings account with a 153-day promo rate for new clients.
Welcome offer
- New Client Two Rate Savings Offer
Offer ends November 30, 2026
Interest rate
Key features
- Interest calculated daily, paid monthly
- Automatic Savings Program
- Mobile cheque deposit
- Up to 10 non-registered savings accounts
Interest Rate
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 open to people who become Tangerine clients by November 30, 2026 and open the account within 60 days. If you're saving in a registered account instead, Tangerine offers a higher 5.00% promotional rate on registered savings such as a TFSA, RSP or RIF.
Interest is calculated daily and paid out monthly.
Fees
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.
Account Features
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.
Legal Disclaimers
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.
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Last updated: July 8, 2026