Why Switch to Tangerine?

Tangerine has made its name for offering no-fee chequing and savings accounts with high-interest rates. They also offer low-fee, diversified investments for those clients with long-term financial goals. Whatever you choose, you'll be saving big bucks by not paying monthly account fees.

Is Tangerine better than TD?

1. Account costs. Tangerine provides a no fee chequing account, with 50 free cheques, and access to banking at all ScotiaBank ATM's. You even earn a small amount of interest in your no fee chequing account – it's only 0.15%, but that's better than the 0.00% that TD earns you in their chequing account.

What is tangerine bank known for?

Tangerine Bank, operating as Tangerine, is a Canadian direct bank and a subsidiary of Scotiabank. It offers no-fee chequing and savings accounts, Guaranteed Investment Certificates (GIC), mortgages, and mutual funds (through a subsidiary).