Tangerine Savings Account
Tangerine
4.50%
New clients can earn a promotional interest rate of 4.50% for five months.
CA$0
CA$0
Free unlimited electronic transfers to linked accounts
The standout feature here is the promotional interest rate of 4.50% for new clients, making the Tangerine Savings Account an attractive option for those looking to maximize their savings in the short term. With no monthly fees and no minimum balance, it provides flexibility and ease of access.
Pros:
- High promotional rate
- No minimum balance
Cons:
- Standard rate drops significantly after promotional period
Overall, the Tangerine Savings Account is ideal for new savers seeking a high promotional interest rate without the burden of monthly fees, making it a great choice for those looking to grow their savings efficiently in the short term. Its accessibility and straightforward terms further enhance its appeal for a wide range of customers.