Chequing Account CAD CDIC Insured
Tangerine Bank

Tangerine No-Fee Daily Chequing Account

A no-fee daily chequing account with unlimited transactions, free Interac e-Transfers, and free access to 3,500+ Scotiabank ABMs.

Rate up to 0.1%
Monthly fee No monthly fee
Transactions Unlimited
Minimum deposit $0
CURRENT OFFERS

Promotions and account value

Welcome offer $250 value

Get $250 when you open an account and switch eligible automated and recurring payroll direct deposits (minimum $200/month) for at least 2 consecutive months within 60 days.

EARNINGS

Rates and interest details

Rate option 1 0.01%
Compounding
Monthly
Calculation
Daily Closing Balance

Balance-tier schedule

BalanceStandard rateBoosted rateCondition
$0 – $49,999.99 0.01% Standard eligibility applies
$50,000 – $99,999.99 0.05% Standard eligibility applies
$100,000 – $499,999.99 0.1% Standard eligibility applies
$500,000+ 0.01% Standard eligibility applies
COSTS

Fees and account limits

Monthly feeNo monthly fee
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactionsUnlimited
Bundled productNot specified

Detailed fee schedule

FeeAmountFrequency or allowanceAdditional use
Card Replacement FeeReplacement card is free. - Per Use -
Interac e-Transfer FeeInterac e-Transfers are free. - Per Use -
Non-Sufficient Funds (NSF) FeeNon-Sufficient Funds (NSF) fee is $45.00. - Per Use -
Out-of-Network ATM FeeOther ABM withdrawals are $1.50 in Canada and $3.00 worldwide (Global ATM Alliance members are free). - Per Use -
Stop Payment Fee1 free stop payment per year, $12.50 each thereafter. Canadian drafts are $10. - Per Use -
ACCOUNT EXPERIENCE

Features and benefits

No Monthly Fees

No monthly account fees with no minimum balance.

Free Interac e-Transfers

Free Interac e-Transfers.

Unlimited Transactions

Unlimited daily transactions, bill payments, and pre-authorized transactions.

Access to No-Fee ATM Network

Free access to 3,500+ Scotiabank ABMs nationwide and 44,000 ABMs worldwide via Global ATM Alliance.

CDIC Insured

Eligible for CDIC Insurance.

Apple Pay Support

Apple Pay supported.

Google Pay Support

Google Pay and Samsung Pay supported.

WHO CAN APPLY

Eligibility and access

Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNot specified

CDIC Insured: Eligible for CDIC Insurance.

COVERAGE

Registration, networks and availability

Registration options

  • NONREGNon-Registered
IMPORTANT INFORMATION

Terms and disclosures

Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with Tangerine Bank before opening the account.

Product information last reviewed or updated Mar 12, 2026.