Tiered interest rates | Tangerine Bank | Discussion forum

Is this something that every Tangerine client has received? Is Tangerine ending (or pausing for 9 months) their 'lottery'?
To summarize, you need at least 100K to get a low interest rate of 2%
Here are the details:

Get rewarded for where you put your money with Tangerine Tiered Savings Rates.*

Starting September 1, 2025, your total balances across your eligible Savings, Chequing, and Investment Accounts can help you earn better rates on your eligible Savings for 9 months.

Because you should be able to put your money in the Accounts you want and work towards your different goals—while still earning interest on your Savings.

How you’ll get ahead with Tangerine Tiered Savings Rates:

The more you bank, the more you earn. Your exclusive tiered Savings rate gets better the more you bank with us.
Unlock a better rate, automatically. We keep it simple—no need to opt in to earn your exclusive Savings rate, and you’ll know the rate tiers up front.

Earn a Savings rate based on your Total Daily Balance*

$0 to $49,999 | 0.35%

$50,000 to $99,999 | 0.50%

$100,000 to $499,999 | 2.00%

$500,000 and above | 2.75%

How it works:

Start earning on September 1, 2025

We’ll calculate your total balances across all your eligible Savings, Chequing, and Investment Accounts and apply your tiered rate automatically to your existing eligible registered and non-registered Savings Account(s) on a daily basis until May 31, 2026.

Take it up a level

Get an even higher Savings rate when your Total Daily Balance moves up a tier. Your full Savings balance will earn that tier's rate.

FAQs

How is my tiered Savings rate determined?

We determine your tiered Savings rate based on your Total Daily Balance, which is the sum of:

The combined daily closing balances in your Tangerine Savings Accounts, TFSA Savings, RSP Savings, RIF Savings Accounts and US$ Savings Accounts (the USD balance will be converted to CAD at par for the purposes of Total Balance calculation), plus;
Your combined GIC Account balances, including Tangerine GIC Accounts, US$ GIC Accounts, Tax-Free GIC Accounts (“TFSA GIC”), RSP GIC Accounts (“RSP GIC”) and RIF GIC Accounts, plus;
The total combined closing book values (also known as the adjusted cost base) of your non-registered Tangerine Investment Fund Accounts, Tax-Free Investment Fund Accounts, RSP Investment Fund Accounts and RIF Investment Fund Accounts, plus;
The daily closing balance in your Tangerine Chequing Account.

Keep in mind that when we add all these up, we’re only including Accounts where you’re the Primary Account Holder.

Which Savings Accounts do I earn my tiered rate in?

For the duration of the Promotion Period, your tiered rate will apply to your non-registered Savings Accounts, Tax-Free Savings Accounts, RSP Savings Accounts, RIF Savings Accounts, and USD Savings Accounts. Only our Children’s Savings Accounts and Small Business Accounts are excluded from earning tiered rates.

Earn a better Savings rate with the #1 Bank in Canada†

We were just ranked the #1 Bank in Canada on the Forbes list of the World’s Best Banks 2025.† Why not move all your banking to take advantage of a great experience and rates? Add money to your Accounts today.