Tangerine 2026 Review

Interest Rate
2.75%
Term
6 months
Minimum Deposit
CA$10
Promotion
N/A
Apply Now →on Tangerine's website

Tangerine shines for its incredibly low minimum deposit of just CA$10, making it an excellent choice for new investors looking to start with minimal risk while earning a competitive rate.

Pros:

  • Very low minimum deposit
  • User-friendly online platform

Cons:

  • Rate not as high as competitors
  • Non-redeemable

In conclusion, Tangerine's GIC is ideally suited for novice investors or those looking to dip their toes into the world of guaranteed investments, thanks to its low minimum deposit and attractive 2.75% rate for a 6-month term. This makes it a practical choice for anyone seeking to earn a reliable return without committing significant funds.

Frequently Asked Questions

Compare GIC Rates

Summary of all rates from our gic rate pages. Click column headers to sort.

Provider Rate Term Min Deposit
Oaken Financial4.25%5 yearsCA$1,000Learn more
HomeEquity Bank4.16%5 yearsCA$5,000Learn more
WealthONE Bank4.15%5 yearsCA$1,000Learn more
Canadian Tire Bank4.12%5 yearsCA$1,000Learn more
Achieva Financial4.05%5 yearsCA$1,000Learn more
Achieva Financial GICs4.05%5 yearsCA$1,000Learn more
MCAN Wealth GICs4.05%5 yearsCA$1,000Learn more
MCAN Financial4.02%5 yearsCA$1,000Learn more
Equitable Bank4.00%5 yearsCA$1,000Learn more
EQ Bank GICs4.00%5 yearsCA$100Learn more
Tangerine GICs4.00%5 yearsCA$0Learn more
Oaken Financial GICs3.90%3 yearsCA$1,000Learn more
Hubert Financial3.60%1 yearCA$1,000Learn more
WealthONE Bank of Canada3.55%1 yearCA$1,000Learn more
EQ Bank3.40%1 yearCA$100Learn more
Tru Cooperative Bank3.01%6 monthsCA$500Learn more
Simplii Financial2.85%1 yearCA$100Learn more
National Bank2.85%1 yearCA$500Learn more
Tangerine2.75%6 monthsCA$10Learn more
RBC GICs2.75%5 yearsCA$1,000Learn more
CIBC2.50%6 monthsCA$1,000Learn more
RBC2.40%6 monthsCA$1,000Learn more
Scotiabank2.30%6 monthsCA$5,000Learn more

Related Guides