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[[SAVINGS_TFSA.RATE]]†
Interest Rate
$0
Monthly fee
$0
Minimum balance
As long as you stay within your contribution limits, you won’t be taxed on interest earned or on withdrawals.
Easily move your money at any time. You’re never locked in, and there are no minimums.
We simply don’t believe in unfair fees. So you won’t have to pay to save with us.
Currently, individuals who are at least 18 years of age can open a TFSA.
Contribute up to $7,000* annually (as a combined total for all TFSAs held at all institutions).
If you've never contributed to a TFSA, and you were eligible to contribute since they were introduced in 2009, as of January 1, 2024, you can contribute a total of up to $95,000, which includes all unused contributions carried over since 2009.
* Annual limit based on legislation current as of January 1, 2024, subject to potential future change.
Create a personalized savings goal and have money moved automatically to your Tangerine Account.
Keeping your banking info safe isn’t the only thing required to keep your Accounts protected. Discover expert tips and 24/7 security features for peace of mind all year long.
Become a Client completely digitally with our Mobile Banking appa. Sign up without leaving your home or having to call us—it’s a fast, convenient and secure mobile experience.
Don’t have our Mobile Banking appa yet? Download it today, so you can bank easily from anywhere.
Your Investment growth is tax-free.
Enjoy one of the best interest rates going and save tax-free, without any fees or service charges.