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Tangerine is an online bank that has been serving Canadians since 1997, first as ING Direct and then switching to Tangerine in 2013. As with any Canadian bank, they offer a wide range of different financial services, the only difference being that they operate completely online and do not have any brick and mortar stores.
This online bank was created to fill a gap in the Canadian banking marketplace which was previously overrun by big banking institutions. Tangerine was able to create an online bank that allowed Canadians the opportunity to fulfill their financial requirements, from the comfort of their own home and they were also able to offer them better rates since there were fewer overhead costs associated with their virtual operation.
Tangerine also has a strong community presence and, with their #Bright way forward initiative, they are helping to build up Canadians by participating in local activities that empower and inspire individuals to take positive action in their lives.
Tangerine is an innovative banking solution that offers so many benefits to its clients, including;
As with any traditional bank, Tangerine offers a broad range of different services to meet each one of their customer’s individual financial goals. For more information on Tangerine’s services, visit https://smarterloans/company/tangerine/
Some of the most popular products and services that they offer include:
Tangerine offers both traditional and tax-free savings accounts with zero fees, minimum balances or service charges and 0.01% interest rate.
No fee chequing accounts with free access to thousands of ABM’s is one of the perks of opening a Tangerine Chequing account.
If you are a Canadian business owner, Tangerine has all of the business account options that you need to see your money grow. Their business savings accounts offer a 0.5% interest rate and their business GIC investment offers a 1.10% interest rate. They also offer US dollar savings options at great rates as well.
Purchasing a home is one of the largest investments most Canadians will ever make in their lifetime. Tangerine offers some of the best rates on the market combined with flexible repayment plan options to make your mortgage acquiring experience as simple and stress-free as possible.
Applying for a line of credit is quick and easy and can be done online at any time of the day. Tangerine offers lines of credit with low variable interest rates and no annual fees.
If you are looking for a way to invest your money and plan for the future, Tangerine offers their clients a wide variety of different investment accounts.
A home equity line of credit is an excellent way to borrow against the equity that you have invested in your home. HELOC’s can give you the money that you need for renovations, to purchase other properties or finance anything else that you need. Tangerine offers low interest rates on all of their line of credits.
Tangerine’s retirement investment funds are the perfect way to save for your future and plan for retirement. Depending on the type of investment that you choose you can benefit from interest rates that range between 0.15% and 1.10%
Tangerine Credit Card offers all of the benefits of a traditional credit card but without the annual fees. Plus you can earn cash-back rewards on your daily purchases.
Tangerine offers GIC’s with no monthly fees and a guaranteed investment rate of 1.10%.
The Tangerine Cafe is a physical Tangerine location for anyone wishing to speak to a Tangerine representative in person.
When you sign up for a Tangerine account, you can bank online, on the Tangerine app or visit a Tangerine Cafe.
When banking with Tangerine, you can rest assured that all of your information is kept safe and secure. Tangerine strictly follows all Canadian privacy standards and offers their clients a security guarantee that consists of the use of multiple security questions in the event that you need to reset your PIN and use an embedded microchip in all of their debit and credit cards which protects against fraud and theft. Tangerine also offers Zero Liability Interact and Visa policies which protect you against unauthorized purchases and transactions.
