Tangerine is a financial institution that offers banking services and products to individuals and small businesses. It operates primarily in Canada and is known for its user-friendly digital banking platform.
Tangerine was originally established as ING Direct Canada in 1997.
In 2012, ING Direct Canada was acquired by Scotiabank.
The company rebranded as Tangerine in 2014 to align with its new image and focus on innovative digital banking.
Tangerine has since expanded its product offerings and customer base, becoming one of the leading online banks in Canada.
Simplii Financial is a digital banking brand operated by the Canadian Imperial Bank of Commerce (CIBC). It offers similar banking services and products as Tangerine.
EQ Bank is a digital bank that provides online banking services and high-interest savings accounts. It competes with Tangerine by offering competitive interest rates and flexible banking options.
Wealthsimple Cash is a hybrid banking and investing platform. It offers a mobile app that combines checking and savings accounts with investment options, making it a convenient alternative to Tangerine for individuals looking for an all-in-one financial solution.
Tangerine offers chequing accounts with no fees, unlimited transactions, and the convenience of online banking.
Tangerine provides high-interest savings accounts to help individuals grow their savings with competitive interest rates.
Tangerine offers a range of credit cards with various rewards and benefits, such as cashback and travel rewards.
Tangerine provides investment products, including Registered Retirement Savings Plans (RRSPs), Tax-Free Savings Accounts (TFSAs), and Guaranteed Investment Certificates (GICs).
Tangerine offers mortgage services to help individuals and families finance their homes with competitive rates and flexible options.
Yes, Tangerine is a safe bank. It is a subsidiary of Scotiabank, one of the largest financial institutions in Canada. Tangerine also employs advanced security measures to protect customer information and transactions.
No, Tangerine operates entirely online and does not have physical branch locations. Customers can manage their accounts and access services through the Tangerine website or mobile app.
Tangerine is known for its fee-free banking. Most of its products, including chequing accounts and savings accounts, do not have monthly account fees or transaction fees. However, certain services like international wire transfers may incur fees.
Yes, Tangerine customers can withdraw cash from Scotiabank ATMs without incurring additional fees.
Tangerine offers customer support through various channels. Customers can reach out through phone, email, or live chat on the Tangerine website or mobile app.
