As a digital bank, Tangerine has become a leader within Canada’s online banking industry. Instead of operating traditional brick-and-mortar branches, it has a few Tangerine Cafés and pop-up locations across the country. Tangerine offers premium guaranteed investment certificate (GIC) rates and no-fee accounts. Its customers can access their accounts through the Tangerine website, mobile apps, and ATMs from its parent company, Scotiabank. Tangerine and Scotiabank operate independently of each other.
Tangerine's GIC rates
Tangerine offers non-redeemable, non-registered GICs with rates that are amongst some of the most competitive in Canada. Additionally, Tangerine offers non-redeemable GICs for registered retirement savings plans (RRSP), tax-free savings accounts (TFSAs), and registered retirement income funds (RRIFs). While Tangerine’s current interest rates vary and increase as the selected investment period increases, you can purchase GICs for terms between 90 days and five years.
Compare other Tangerine products
In addition to purchasing GICs, you can save, spend, invest, and borrow when banking with Tangerine. Some other products you may be interested in learning about include Tangerine’s premium rate savings accounts, chequing accounts, and its no-annual fee Tangerine Money-Back credit card.
Get the best GIC rates
Tangerine offers a number of non-redeemable GIC options for its clients. Depending on the investment period you’re looking for, Tangerine’s premium interest rates can help you increase your savings. Nonetheless, you may be able to find higher rates or GICs that better fit your needs when looking at our GIC comparison tools.
Best GIC Providers