Tax-Free Guaranteed Investment

Grow your savings safely, securely and completely tax-free. With a great interest rate, a Tangerine Tax-Free GIC is a smart, reliable choice when you’re ready to set some money aside.

Up to [[GIC_TFSA.RATE.MAX]]^†

Interest rate

Monthly fee

Purchase GIC

Great rate

Lock in your savings for one of our set terms and start earning a great interest rate.

No unfair† fees or service charges

We simply don’t believe in unfair fees. So you won’t have to pay to save with us.

Easy to open online

Once you’re a Tangerine Client, opening a GIC online takes just a few minutes.

About TFSAs

18 years and up

Currently, individuals who are at least 18 years of age can open a TFSA.

$7,000 annually*

Contribute up to $7,000* annually (as a combined total for all TFSAs held at all institutions).

$102,000 in total

If you've never contributed to a TFSA, and you were eligible to contribute since they were introduced in 2009, as of January 1, 2025, you can contribute a total of up to $102,000, which includes all unused contributions carried over since 2009.

* Annual limit based on legislation current as of January 1, 2025, subject to potential future change.

Current GIC interest rates

Current interest rates as of today's date.

Term	Rate
90 Day	[[GIC_TFSA.RATE.90_DAY]]^†
180 Day	[[GIC_TFSA.RATE.180_DAY]]^†
270 Day	[[GIC_TFSA.RATE.270_DAY]]^†
1 Year	[[GIC_TFSA.RATE.1_YEAR]]^†
1.5 Year	[[GIC_TFSA.RATE.1.5_YEAR]]^†
2 Year	[[GIC_TFSA.RATE.2_YEAR]]^†
3 Year	[[GIC_TFSA.RATE.3_YEAR]]^†
4 Year	[[GIC_TFSA.RATE.4_YEAR]]^†
5 Year	[[GIC_TFSA.RATE.5_YEAR]]^†

GIC Interest Calculator

See how much interest you’ll earn in your GIC.

GIC Table

GIC Amount

Select Term

Compare to Term

GIC Term	Interest Earned

*Estimator tool is for demonstration purposes only and should not be relied upon as financial or other advice.

Reach your savings goals faster

Create a personalized savings goal and have money moved automatically to your Tangerine Account.

Check out these helpful articles

Invest

What do tariffs mean for Canadians?

We answer some burning questions about how the potential of U.S. tariffs may affect Canadians. Do tariffs cause inflation? Will interest rates go down? Let’s dive in.

Illustration of a railroad track that is being blocked by a black and yellow barrier.

Invest

Riding the highs and lows of the market

Learn how to manage market volatility with proven tips on sticking to a long-term plan, investing regularly, and diversifying your portfolio.

Illustration of coins riding the hills of a roller coaster.

Join with our app

Become a Client completely digitally with our Mobile Banking app³. 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 app³ yet? Download it today, so you can bank easily from anywhere.

4.6

39,000 Reviews⁴

4.7

67,000 Reviews⁴

Signing up on Web is cool too!

Take a look at our other products

Guaranteed Investment

Lock away some savings and earn guaranteed interest for the term you choose.

RSP Guaranteed Investment

Protect your retirement savings with the guaranteed growth of a GIC combined with the tax benefits of an RSP.

^{^}Fair fees mean they are disclosed and agreed to in advance, and the amount makes sense relative to the benefit received. Registered Accounts have no fees while your funds are with us. If at some point you decide to transfer your funds to another financial institution, a fee will apply. View the complete list of Account fees.

^† Savings Account, Chequing Account, and GIC interest rates expressed on this website are annual interest rates and are current as of today's date. Interest rates are subject to change without notice. Interest is calculated daily and paid monthly on our Savings and Chequing Accounts. GIC terms of one year or longer have interest calculated on the basis of 365/366 days and compounded and/or paid annually. GIC terms of less than one year have interest calculated on the basis of 365/366 and paid at maturity.

³ Some conditions may apply. Service is subject to availability and successful digital verification.

⁴ As of August 2024 from the Google Play Store and App Store.

^® Apple is a registered trademark of Apple Inc.

^™ Android is a trademark of Google Inc.