t a n g e r i n e c a p i t a l
Search
Sign In
Open Account
Branches
ATM’s
Search
Sign In
Open Account
Branches
ATM’s

Invest with Confidence.
Grow Wealth, Reduce Tax.

  • Home
  • Invest
  • RSPs, GICs & TFSAs
2.75%
GIC rate on 270-day terms
2%
Transfer bonus on qualifying transfers
$7,000
2024 TFSA annual contribution room
CDIC
Eligible deposits insured per category
Overview

Your retirement starts
earning today.

Tangerine Capital offers a range of registered and non-registered investment accounts designed to help you build wealth, minimize tax, and stay in control of your financial future. Whether you’re investing for retirement, a first home, or long-term goals — we make it simple, transparent, and rewarding.

  • Tax-deferred & tax-free growth RSP contributions reduce your taxable income today while your investments grow sheltered. TFSA gains are tax-free forever.
  • Guaranteed returns with GICs Lock in a fixed rate for a fixed term and know exactly what you’ll earn — zero market risk, 100% predictability.
  • Automate your contributions Set up an RSP Automatic Savings Program to contribute regularly and consistently — no manual transfers needed.
  • Earn up to 2% on qualifying transfers Move eligible investments to Tangerine and earn a bonus of up to 2% on the transferred amount — up to $20,000 per account type.
Open an Investment Account How to get started
Transfer Bonus — New & Existing Clients
2% transfer bonus
Move money to a Tangerine Investment account and earn up to a 2% bonus on qualifying transfers — applied automatically, up to $20,000 per eligible account type.
  • RSP, TFSA, and non-registered accounts available
  • GICs with guaranteed rates for 30–270 days
  • RSP Investment Funds with low management fees
  • Automatic savings programs — set and forget
  • Home Buyer’s Plan — withdraw up to $60,000 tax-free
  • Lifelong Learning Plan — up to $20,000 for education
CDIC Member.  Eligible deposits insured up to $100,000 per insured category, separately from other accounts.
Investment Products

Three Ways to Invest at Tangerine

Whether you want guaranteed returns, tax-sheltered growth, or maximum flexibility — we have the right account for your goals.

Most Popular
RSP Investment Fund
3.00%
Annual savings rate · Tax-deferred growth

Invest for retirement with tax-deferred growth and a lower tax bill today. Your contributions reduce your taxable income and your investments grow untaxed until withdrawal.

  • Contributions reduce taxable income
  • 18% of prior year earned income limit
  • Unused room carries forward indefinitely
  • Home Buyer’s Plan eligible
  • CDIC insured deposits
Open an RSP ›
Guaranteed Investment
2.75%
270-day GIC rate · Fixed & guaranteed

Lock in a competitive interest rate for a fixed term and know exactly what you’ll earn at maturity. Zero market risk — your principal and return are guaranteed.

  • Terms from 30 days to 5 years
  • Guaranteed rate & principal
  • Available inside RSP or TFSA
  • Auto-renew or transfer at maturity
  • CDIC insured
Open a GIC ›
TFSA Investment
3.00%
Annual savings rate · Tax-free forever

Every dollar of growth and interest earned inside a TFSA is completely tax-free — for life. Withdraw any time for any reason, with contribution room restored the following year.

  • 2024 room: $7,000 (cumulative $95,000)
  • Tax-free growth & withdrawals
  • Room restored January 1 each year
  • Flexible — withdraw any time
  • CDIC insured
Open a TFSA ›
Features

Built to Grow Your Wealth Over Time

Every Tangerine investment account is designed around simplicity, transparency, and long-term returns — with no hidden fees eating into your gains.

Tax-Deferred Growth

RSP investments grow sheltered from annual tax — your money compounds faster when the CRA isn’t taking a cut every year. Pay tax only when you withdraw in retirement, typically at a lower rate.

Guaranteed GIC Returns

GICs offer a fixed rate for a fixed term — no market volatility, no surprises. Ideal for conservative investors or anyone saving toward a specific goal with a clear timeline.

Automatic Savings Program

Set up regular automatic transfers into your RSP or TFSA. Contributing consistently — even in small amounts — builds significantly more wealth over time than lump-sum investing.

Home Buyer’s Plan

First-time homebuyers can withdraw up to $60,000 tax-free from their RSP under the federal Home Buyer’s Plan. You have 15 years to repay the withdrawn amount back into your RSP.

Lifelong Learning Plan

Withdraw up to $20,000 from your RSP tax-free to fund full-time education or training for yourself or your spouse. Repay over 10 years with no interest charges from the CRA.

CDIC Deposit Insurance

As a CDIC member, eligible Tangerine deposits — including RSP and TFSA savings — are insured up to $100,000 per insured category, separately from your chequing and savings accounts.

RSP Contribution Facts

How much can you contribute?

Your RSP deduction limit is calculated by the CRA based on your prior-year earned income. The easiest way to check your available contribution room is by logging into CRA My Account for Individuals and reviewing your Notice of Assessment. Here are the key facts and strategies to maximize your RSP:

18% Annual Limit

You can contribute up to 18% of your prior year’s earned income, to a maximum of $31,560 for 2024.

Carry Forward Unused Room

Unused RRSP contribution room from previous years carries forward indefinitely — so you never lose it.

Home Buyer’s Plan

Withdraw up to $60,000 tax-free for your first home. You have 15 years to repay, starting 2 years after withdrawal.

Lifelong Learning Plan

Withdraw up to $20,000 for qualifying education. Repay over 10 years with no CRA interest charges.

2024 RSP & TFSA Key Numbers
RSP Contribution Deadline — March 3, 2025 Contributions made by this date can be deducted from your 2024 tax return
2024 RSP Deduction Limit — $31,560 18% of 2023 earned income, to a maximum of $31,560 plus any unused carry-forward room
2024 TFSA Contribution Room — $7,000 Plus any unused room from prior years and any amounts withdrawn in previous calendar years
Cumulative TFSA Room (born 1991+) — $95,000 Total lifetime contribution room available to Canadian residents who were 18+ in 2009
  Start Investing Today
How It Works

Open Your Investment Account Today

The entire process is online and takes less than 5 minutes. No branch, no paperwork, no waiting.

01

Verify Your Identity

Complete a quick digital ID check with your government-issued photo ID and a selfie. Typically done in under 2 minutes.

02

Choose Your Account

Select from RSP Investment Fund, GIC, or TFSA. Answer a few questions about your goals and risk tolerance — takes about 2 minutes.

03

Instant Approval

Most applications are approved immediately. Your account number and online banking access arrive by email within minutes.

04

Fund & Start Earning

Make your first deposit via e-Transfer or direct transfer. Set up an Automatic Savings Program and watch your investments grow.

Your retirement is worth investing in today. Even small, consistent contributions compound into significant wealth over time.

Open an Investment Account
Required Documents

What You’ll Need to Apply

The application is 100% paperless. Have these items ready before you start and you’ll be done in minutes.

Government-Issued Photo ID Driver’s licence, passport, or provincial ID card
Social Insurance Number Mandatory for all registered investment accounts (RSP, TFSA)
Proof of Address Utility bill or bank statement dated within the past 90 days
Prior Year Notice of Assessment To confirm your available RSP contribution room (CRA My Account)
Valid Email Address For account confirmation, tax receipts, and e-statements
Canadian Mobile Number For two-factor authentication and security notifications
Applicants must be Canadian residents. TFSA eligibility requires a valid SIN and being 18+. US persons holding TFSAs may have additional IRS reporting obligations — consult a tax advisor.

Eligibility Criteria

  • Age of Majority Must be 18+ (or 19+ in BC, NB, NL, NS, NT, NU, and YK) to open a TFSA. RSPs are open to any age with earned income and an SIN, up to age 71.
  • Canadian Residency Must be a Canadian resident for TFSA eligibility. RSPs are available to any Canadian resident or citizen with earned income and an SIN up to December 31 of the year you turn 71.
  • No Minimum Investment There is no minimum contribution required to open a Tangerine RSP or TFSA savings account. GICs may have a minimum deposit requirement depending on the term selected.
  • RSP Maturity Age RSPs must be converted to a RRIF, annuity, or cashed out by December 31 of the year you turn 71. Tangerine will notify you well in advance of your maturity date.

Start building your future today —
earn up to 2% on qualifying transfers.

RSPs, TFSAs, and GICs — all fee-free, all online, all designed to grow your wealth.

Open an Investment Account Explore Savings ›

Secure, smart banking designed around you. Grow your savings, manage your spending, and invest with confidence — all in one place.

Mon–Fri: 9am–5pm  •  Sat: 9am–2pm
Products
Account
Learn & Stay Updated
Newsletter

Get market insights and rate updates delivered to your inbox.

© 2025 Tangerine Capital. All Rights Reserved.