General Terms
1. The Tangerine Bank (the “Bank”) Existing Client Payroll Offer (the “Offer”) is only available from April 16, 2026 to June 30, 2026 (the “Offer Period”) to select Tangerine Clients who (i) receive a communication about the Offer directly from the Bank; and (ii) set up payroll direct deposits to their Tangerine Chequing Account during the Offer Period, as outlined in Section 3 below (“Eligible Clients”).
2. The Offer is only applicable to Accounts where the Eligible Client is the person whose name appears first on the Bank statement (the “Primary Account Holder”). For Accounts where the Eligible Client is not the Primary Account Holder (example: the Eligible Client is not the Primary Account Holder on a joint Account and is listed second on the statement for that Account), the Offer will not be applied to that particular Account.
Cash Bonus Conditions
3. A cash Bonus of $100 (the “Bonus”) will be paid to the Eligible Client’s Tangerine Chequing Account if during the Offer Period, the Eligible Client switches their eligible automated and recurring payroll direct deposits (as defined in Section 6 below) to their Tangerine Chequing Account, and provided all of the following conditions are met:
a. The Eligible Client must deposit the full amount of their payroll direct deposits to qualify; partial payroll direct deposits will not be considered eligible. Tangerine may require proof of payroll in the event of a dispute.
b. Payroll direct deposits must total a minimum of $200 on a monthly basis;
c. The first eligible payroll direct deposit must be received in the Eligible Client’s Tangerine Chequing Account by June 30, 2026; and
d. The Eligible Client’s subsequent eligible payroll direct deposits must continue for at least 2 consecutive months into their Chequing Account.
4. The Bonus can’t be combined with other Chequing Account offers and is limited to one (1) Bonus per Primary Account Holder. Where an Eligible Client qualifies for more than one cash Bonus offer from the Bank, this Bonus offer will be applied to the Eligible Client’s Tangerine Chequing Account first, to the exclusion of any other cash bonus offer.
5. Only deposits categorized under the Canadian Payment Association code as payroll listed below qualify for the Offer, including Pension, Employment Insurance, Old Age Security, Canada Pension Plan, Workers Compensation, Parental Assistance and Income Security Benefit. Please note deposits under CPA Code 450 - ‘Miscellaneous’ will not qualify for the Offer.
Table of eligible deposits categorized under the Canadian Payment Association code as “payroll”
| CPA CODE | CPA TYPE DESCRIPTION |
| 200 | Payroll Deposit |
| 201 | Special Payroll |
| 202 | Vacation Payroll |
| 204 | Advance Payroll |
| 205 | Commission Payroll |
| 206 | Bonus Payroll |
| 207 | Adjustment Payroll |
| 230 | Pension |
| 231 | Federal Pension |
| 232 | Provincial Pension |
| 233 | Private Pension |
| 272 | Retirement Income Fund |
| 310 | Canada Pension Plan |
| 311 | Old Age Security |
| 313 | Canadian Pension Commission |
| 315 | Public Service Superannuation |
| 316 | Canadian Forces Superannuation |
| 318 | Employment Insurance |
| 603 | Income Security Benefit |
| 606 | Workers' Compensation Board |
| 611 | Disability Payment |
| 612 | Parental Insurance |
6. The Bonus will be paid to the Eligible Client’s Tangerine Chequing Account in the subsequent month following the satisfaction of the above conditions.
Limitations:
7. This Offer is non-transferable, non-saleable, and may not be exchanged for cash.
8. Tangerine reserves the right at its absolute discretion to vary, delete or add to any of these Terms and Conditions from time to time without prior notice. In the event of conflict, these Terms and Conditions will prevail over any of the contents of any brochure, promotional materials or statements, or any other communication regarding this Offer, whether written or oral from Tangerine, except where otherwise stated.
9. Tangerine reserves the right at its sole discretion, without advance notice, to extend, suspend, terminate, or otherwise modify the Offer, in whole or in part or for select Clients, for any reason or if the Offer can't run as planned, including infection by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond Tangerine’s reasonable control which corrupt or affect the administration, security or proper conduct of this Offer.
10. Tangerine reserves the right, at its sole discretion, to suspend, disqualify, limit or revoke this Offer for any Account holder it finds or believes to be manipulating or otherwise abusing the process, fairness, or integrity of the Offer or who otherwise is deemed ineligible.
11. By accepting this Offer, you agree that you have read and understood these Terms and Conditions and agree to be bound by them. Any notice with respect to this Offer is deemed to be provided on the day it is posted on our website.
General Terms
1. The Tangerine Bank (the “Bank”) Existing Chequing Client Payroll Booster Offer (the “Offer”) is only available from April 16, 2026 to January 31, 2027 (the “Offer Period”) to select Tangerine Clients who (i) receive a communication about the Offer directly from the Bank; and (ii) set up or continue existing eligible payroll direct deposits to their Tangerine Chequing Account during the Offer Period, as outlined in the Payroll Conditions section below (“Eligible Clients”).
2. The Offer is only applicable to Accounts where the Eligible Client is the person whose name appears first on the Bank statement (the “Primary Account Holder”). For Accounts where the Eligible Client is not the Primary Account Holder (example: the Eligible Client is not the Primary Account Holder on a joint Account and is listed second on the statement for that Account), the Offer will not be applied to that particular Account.
Payroll Conditions
3. Total Promotional Interest as defined and outlined in the Promotional Interest section below will be paid to the Eligible Client’s Tangerine Chequing Account for each month during the Offer Period in which the Eligible Client has their eligible automated and recurring payroll direct deposits (as defined in Section 5 below) received in their Tangerine Chequing Account, and provided that the following conditions are met:
a. The Eligible Client must deposit the full amount of their payroll direct deposits to qualify; partial payroll direct deposits will not be considered eligible. Tangerine may require proof of payroll in the event of a dispute.
b. Payroll direct deposits must total a minimum of $200 each month.
4. Increasing the frequency or amount of payroll direct deposits, receiving additional types of deposits or receiving payroll direct deposits from additional payors will not result in an increase to the Total Promotional Interest Rate as outlined in Section 7 below.
5. Only deposits categorized under the Canadian Payment Association code as payroll listed below qualify for the Offer, including Pension, Employment Insurance, Old Age Security, Canada Pension Plan, Workers Compensation, Parental Assistance and Income Security Benefit. Please note deposits under CPA Code 450 - ‘Miscellaneous’ will not qualify for the Offer.
Table of eligible deposits categorized under the Canadian Payment Association code as “payroll”
| CPA CODE | CPA TYPE DESCRIPTION |
| 200 | Payroll Deposit |
| 201 | Special Payroll |
| 202 | Vacation Payroll |
| 204 | Advance Payroll |
| 205 | Commission Payroll |
| 206 | Bonus Payroll |
| 207 | Adjustment Payroll |
| 230 | Pension |
| 231 | Federal Pension |
| 232 | Provincial Pension |
| 233 | Private Pension |
| 272 | Retirement Income Fund |
| 310 | Canada Pension Plan |
| 311 | Old Age Security |
| 313 | Canadian Pension Commission |
| 315 | Public Service Superannuation |
| 316 | Canadian Forces Superannuation |
| 318 | Employment Insurance |
| 603 | Income Security Benefit |
| 606 | Workers' Compensation Board |
| 611 | Disability Payment |
| 612 | Parental Insurance |
Promotional Interest
6. “Total Promotional Interest” is the interest earned at the Total Promotional Interest Rate (defined below in Section 7) on end-of-day balances in the Eligible Client’s Tangerine Chequing Account during the Offer Period, to a maximum Account balance of $25,000. Account balances over $25,000 will not qualify for Total Promotional Interest and will earn the Bank’s applicable Chequing Account posted rate of interest as listed on the Bank’s website (the “Posted Rate”).
7. A “Total Promotional Interest Rate” of 2.50% will apply to the Eligible Client’s Tangerine Chequing Account for each month during the Offer Period in which eligible payroll deposits are received in that Chequing Account. The Total Promotional Interest Rate is a fixed rate that is equal to the Posted Rate plus a bonus interest rate (the “Payroll Boost Promotional Interest Rate”). If the Posted Rate changes at any time, this will result in a corresponding change to the Payroll Boost Promotional Interest Rate so that the Total Promotional Interest Rate remains unchanged. Notwithstanding the above, the Bank may change the Total Promotional Interest Rate at any time without prior notice.
8. Eligible Clients will receive Total Promotional Interest in two separate interest payments: (1) interest calculated at the Posted Rate; and (2) interest calculated at the Payroll Boost Promotional Interest Rate. For clarity, Total Promotional Interest equals interest earned at the Posted Rate (“Posted Rate Interest”) plus interest earned at the Payroll Boost Promotional Interest Rate (“Payroll Boost Promotional Interest”). Payment of Payroll Boost Promotional Interest will be made to the Applicable Account at the start of the month following the month in which it was calculated.
9. The Total Promotional Interest Rate is an annualized rate, and, subject to the terms and qualifications outlined in these Terms and Conditions, Total Promotional Interest will be calculated daily during the Offer Period and paid monthly.
10. Total Promotional Interest will apply to daily balances for the entire month during which eligible payroll deposits are received, beginning on the first day of that month. It will also continue to apply for the following month. However, where the only eligible payroll deposit is received on the last day of a given month, Total Promotional Interest will apply beginning at the start of the following month and continue for the month thereafter.
11. If there are two consecutive months during the Offer Period where no eligible payroll deposits are received in the Eligible Client’s Tangerine Chequing Account, Total Promotional Interest will not apply again until eligible payroll deposits are received.
Limitations
12. This Offer is non-transferable, non-saleable, and may not be exchanged for cash.
13. Limit of one Offer per Eligible Client. This Offer is non-saleable, may not be exchanged for cash and can’t be combined with any other discounts, offers, or promotions except as otherwise permitted.
14. After the Offer Period ends, all balances in the Eligible Client’s Tangerine Chequing Account will earn interest only at the Posted Rate.
15. If the Eligible Client’s Tangerine Chequing Account is closed prior to the payment of Total Promotional Interest, any Total Promotional Interest calculated during the month in which the Account is closed will be forfeited.
16. Tangerine reserves the right at its absolute discretion to vary, delete or add to any of these Terms and Conditions from time to time without prior notice. In the event of conflict, these Terms and Conditions will prevail over any of the contents of any brochure, promotional materials or statements, or any other communication regarding this Offer, whether written or oral from Tangerine, except where otherwise stated.
17. Tangerine reserves the right at its sole discretion, without advance notice, to extend, suspend, terminate, or otherwise modify the Offer, in whole or in part or for select Clients, for any reason or if the Offer can't run as planned, including infection by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond Tangerine’s reasonable control which corrupt or affect the administration, security or proper conduct of this Offer.
18. Tangerine reserves the right, at its sole discretion, to suspend, disqualify, limit or revoke this Offer for any Account holder it finds or believes to be manipulating or otherwise abusing the process, fairness, or integrity of the Offer or who otherwise is deemed ineligible.
By accepting this Offer, you agree that you have read and understood these Terms and Conditions and agree to be bound by them. Any notice with respect to this Offer is deemed to be provided on the day it is posted on our website.
