Tangerine Bank 2026 Review

Mat C.
Written by Mat C.
Managing Editor & Senior Developer
Mika L.
Edited by Mika L.
Financial Content & Editor

Tangerine Bank4.6/5

Interest Rate
3.15%
Term
1 year
Minimum Deposit
CA$0
Promotion
N/A
Apply Now →on Tangerine Bank's website

Tangerine Bank shines for its accessibility, allowing customers to start investing with no minimum deposit, making it an ideal choice for new investors or those looking to start small.

Pros:

  • No minimum deposit
  • Daily interest calculation

Cons:

  • Lower rate compared to top competitors

In conclusion, Tangerine Bank's 1.15% GIC is an excellent option for new investors or those wishing to start small, thanks to its no minimum deposit requirement and competitive rate. Its user-friendly approach makes it a suitable choice for anyone looking to grow their savings with ease.

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
WealthONE4.10%5 yearsCA$1,000Learn more
WealthONE Bank of Canada4.10%4 yearsCA$1,000Learn more
Achieva Financial4.05%5 yearsCA$1,000Learn more
Oaken Financial4.05%5 yearsCA$1,000Learn more
Saven Financial4.05%5 yearsCA$1,000Learn more
MCAN Wealth4.05%5 yearsCA$1,000Learn more
EQ Bank4.00%5 yearsCA$100Learn more
Pathwise Credit Union3.90%1 yearCA$1,000Learn more
ICICI Bank Canada3.70%5 yearsCA$1,000Learn more
MCAN (Manulife Credit Union)3.65%1 yearCA$2,500Learn more
Simplii Financial3.20%4 yearsCA$100Learn more
Tangerine Bank3.15%1 yearCA$0Learn more
TD Canada Trust3.10%5 yearsCA$500Learn more
BMO Canada3.10%5 yearsCA$1,000Learn more
RBC Royal Bank2.75%5 yearsCA$1,000Learn more
Scotiabank Canada2.45%1 yearCA$500Learn more

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