Business Savings Account
Typical business accounts pay little or no interest, but a Tangerine Business Savings Account is designed to complement your existing business chequing account at another financial institution and help you grow your business cash. You’ll earn a great interest rate and help reach your business savings goals faster.
Up to [[SAVINGS_BIS.RATE.MAX]]†
Interest rate
$0
Monthly fee
$0
Minimum balance
Are you already a Tangerine personal banking Client?
Things to consider:
If your business already banks with us, and you'd like to open another Account for the business, please call us at1-888-826-4374.
To open a Business Savings Account for your business, you first need to sign up as a personal Client and have a personal Client Number with Tangerine. Once you're done signing up as a personal Client, you can open an account.
If you’re already a Tangerine personal banking Client, start your online sign-up by hitting the ‘Yes, Apply Now’ button to directly enroll.
Are you already a Tangerine Business Banking Client?
Things to consider:
- If your business already banks with us, and you'd like to open another Account for the business, please call us at1-888-826-4374.
Great rate
Help grow your business savings at a great interest rate. The more you save, the more your business earns, up to [[SAVINGS_BIS.RATE.MAX]]†.
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.
No minimum balances
With no minimum balance requirement, you can save as much or as little of your business cash as you like.
Keeps your business cash stashed
Designed to complement the business chequing account you have somewhere else, this is a great way to grow your extra business cash.
Current Interest Rates†
Current annual interest rates since [[SAVINGS_BIS.DATE.1]].
| Account balance | Entire balance earns |
| $0.00 - $99,999.99 | [[SAVINGS_BIS.RATE.1]] |
| $100,000.00 - $499,999.99 | [[SAVINGS_BIS.RATE.2]] |
| $500,000.00 or more | [[SAVINGS_BIS.RATE.3]] |
Requirements to open a Business Savings Account
Business chequing account with another financial institution
Your business needs to have a chequing account at another financial institution in order to open a Tangerine Business Savings Account.
Personal Client Number with Tangerine
To open a Business Savings Account, you first need to have a personal Client Number with Tangerine. Once you're done signing up as a personal Client, you can open an Account for your business.
Call us
If your business already banks with us, and you'd like to open another Account, please call us at1-888-826-4374.
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^Fair fees mean they are disclosed and agreed to in advance, and the amount makes sense relative to the benefit received. For more details about any of our fees, please see our fee schedule here.
†Business Savings Account and Business 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 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. In order for us to properly confirm all of the required details for the business, business Clients must have a Canadian dollar Business Savings Account as their first Tangerine Business Account. Subsequent Account types can then be opened with us over the phone.
3 Some conditions may apply. Service is subject to availability and successful digital verification.
4 As of May 21, 2025 there were 44.7K reviews with an average rating of 4.5 from the Google Play Store and 72.5K reviews with an average rating of 4.8 from the App Store.
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