Tangerine (owned by Scotiabank) is one of Canada’s most popular online banks. Their No-Fee Chequing account includes unlimited transactions, free Interac e-Transfers, and access to Scotiabank’s 3,600+ ATMs. The Savings Account often features promotional rates of 5-6% for new clients.

FAQ

Frequently Asked Questions

1Does Tangerine have branches?

Tangerine has a few café-style locations in major cities but is primarily online. You can use all Scotiabank ATMs for free.

2Is Tangerine owned by Scotiabank?

Yes. Tangerine is a subsidiary of Scotiabank, so your deposits are fully CDIC-insured and you get access to Scotiabank’s ATM network.

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