MoneyMint · Banking · GIC rates · Tangerine
Tangerine GIC Rates Today
MoneyMint editorial team · Rates checked 19 October 2026 on Tangerine’s own rate page · Re-checked weekly
Short answer: Tangerine’s highest GIC rate is 4.25% on a 5-year term, and a 1-year GIC pays 3.60%. You can start with $10, and RSP, Tax-Free and RIF GICs pay the same rates as a regular GIC. Those rates are well above the Big Five banks’ posted rates (2.75% to 3.55% for five years) but below the top rate in our weekly table (Oaken Financial at 4.50% for five years). Tangerine GICs are locked in until they mature.
Tangerine GIC Rates by Term
Tangerine’s posted rates on 19 October 2026 for each type of GIC it sells in Canadian dollars. A star marks the highest rate. Terms under a year pay interest at maturity; terms of a year or more compound or pay interest annually.
| Term | GIC | RSP GIC | Tax-Free GIC | RIF GIC |
|---|---|---|---|---|
|
90 days
|
2.50% | 2.50% | 2.50% | 2.50% |
|
180 days
|
2.75% | 2.75% | 2.75% | 2.75% |
|
270 days
|
3.25% | 3.25% | 3.25% | 3.25% |
|
1 year
|
3.60% | 3.60% | 3.60% | 3.60% |
|
1.5 years
|
3.75% | 3.75% | 3.75% | 3.75% |
|
2 years
|
3.85% | 3.85% | 3.85% | 3.85% |
|
3 years
|
4.10% | 4.10% | 4.10% | 4.10% |
|
4 years
|
4.15% | 4.15% | 4.15% | 4.15% |
|
5 years
|
4.25% | 4.25% | 4.25% | 4.25% |
Source: Tangerine GIC rates, checked 19 October 2026. On the same day, a note on Tangerine’s GIC product page gave the 270-day rate as 3.00%, lower than the 3.25% on its rate page, so confirm that term before you buy. Tangerine’s rate page does not list an FHSA GIC.
Tangerine US Dollar GIC Rates
Tangerine also sells GICs in U.S. dollars. On 19 October 2026 they paid more than its Canadian-dollar GICs at every term. That gap only helps if you already hold U.S. dollars: converting Canadian dollars to buy one, and converting back at maturity, costs money at both ends and exposes you to exchange-rate moves.
| Term | US$ GIC | C$ GIC, same term |
|---|---|---|
|
90 days
|
3.45% | 2.50% |
|
180 days
|
3.65% | 2.75% |
|
270 days
|
3.80% | 3.25% |
|
1 year
|
4.25% | 3.60% |
|
1.5 years
|
4.30% | 3.75% |
|
2 years
|
4.35% | 3.85% |
|
3 years
|
4.40% | 4.10% |
|
4 years
|
4.45% | 4.15% |
|
5 years
|
4.50% | 4.25% |
Source: Tangerine US$ GIC, checked 19 October 2026. CDIC coverage applies to eligible deposits in Canadian or foreign currency.
How Tangerine Compares
Tangerine’s rates against the other 10 institutions in our weekly GIC table (non-redeemable, non-registered, checked 19 October 2026). The Big Five figures are posted rates; those banks sometimes run higher limited-time specials.
| Term | Tangerine | Highest elsewhere | Big Five posted | Rank of 11 |
|---|---|---|---|---|
|
1 year
|
3.60% | Oaken Financial 3.75% | 2.45% to 3.00% | 3 |
|
2 years
|
3.85% | Oaken Financial 4.20% | 2.50% to 3.20% | 3 |
|
3 years
|
4.10% | Oaken Financial 4.30% | 2.55% to 3.30% | 3 |
|
4 years
|
4.15% | Oaken Financial 4.35% | 2.70% to 3.35% | 3 |
|
5 years
|
4.25% | Oaken Financial 4.50% | 2.75% to 3.55% | 3 |
What that means in dollars: $10,000 in a 5-year Tangerine GIC at 4.25%, compounded annually, grows to about $12,313. At the lowest Big Five posted 5-year rate (2.75%) it would grow to about $11,453, and at the highest rate in our table (Oaken Financial, 4.50%) to about $12,462. These are estimates before tax, for a non-redeemable GIC held to maturity.
What to Know Before You Buy
Your Money Is Locked In
Tangerine says its GICs are designed to be held until maturity. Early redemption is only possible in exceptional cases, such as financial hardship, and only if an application is approved. If you might need the money sooner, keep it in savings instead.
You Choose What Happens at Maturity
You can renew principal and interest for the same term, renew the principal and take the interest, move into a different term, or take everything out. Renewals use the posted rate at the time, which may be lower than today, so check rates before your GIC matures. You can change the instructions any time during the term.
Registered GICs Pay the Same
RSP, Tax-Free and RIF GICs paid the same rates as regular GICs on the day we checked. Tangerine charges no fees on registered accounts while your money stays there, but a fee applies if you transfer registered funds to another institution.
Compare It With the Savings Offer
Tangerine is running a new-client savings offer: 5.00% on eligible registered savings and 4.50% on non-registered savings for five months, for clients whose Client Number is created between July 28 and November 30, 2026 (conditions apply). For money you need within five months, that pays more than a GIC. After five months the regular savings rate applies, while a GIC rate is fixed for the whole term. See our Tangerine savings account review.
Is a Tangerine GIC Safe?
Tangerine is a trade name of Tangerine Bank, a wholly owned subsidiary of Scotiabank that says it is a CDIC member in its own right. Under CDIC’s rules, eligible deposits are covered up to $100,000 per insured category (for example, in your own name, in a TFSA, or in an RRSP) at each member institution, including principal and interest. Because Tangerine Bank and Scotiabank are separate members, deposits at each are covered separately. CDIC also covers eligible deposits in foreign currency, such as Tangerine’s US$ GICs.
This is a summary of what Tangerine and CDIC publish, not a legal opinion. If you are depositing close to or above the limits, check the details with CDIC.
Frequently Asked Questions
What Are Tangerine’s GIC Rates Today?
On 19 October 2026, Tangerine paid 3.60% for 1 year, 3.75% for 1.5 years, 3.85% for 2 years, 4.10% for 3 years, 4.15% for 4 years and 4.25% for 5 years. Terms from 90 to 270 days paid 2.50% to 3.25%. RSP, Tax-Free and RIF GICs paid the same rates.
Can I Cash Out a Tangerine GIC Early?
Usually not. Tangerine says its GICs are designed to be held until maturity, and early redemption is only possible in exceptional cases such as financial hardship, if an application is approved.
What Is the Minimum for a Tangerine GIC?
Tangerine says the minimum to open a GIC is $10.
Do Tangerine’s TFSA and RSP GICs Pay the Same Rate?
Yes, on the day we checked, Tangerine’s Tax-Free GIC, RSP GIC and RIF GIC rates matched its regular GIC rates at every term.
Is a Tangerine GIC Covered by CDIC?
Yes. Tangerine Bank is a CDIC member in its own right, so eligible deposits are covered up to $100,000 per insured category, separately from any deposits you hold at Scotiabank.
What Happens When a Tangerine GIC Matures?
It follows the maturity instructions you set: renew for the same term, move to a different term, or pay out the money, with or without the interest. Renewals use the posted rate at the time. You can change the instructions during the term.
Related Guides
How We Check These Rates
Every Tangerine rate on this page comes from Tangerine’s own rate page, read on 19 October 2026. We do not copy rates from other comparison sites.
The comparison uses our weekly table of 11 banks and credit unions, where every rate also comes from the institution’s own site. We re-check this page every week and update the date at the top. If we cannot confirm a rate, we remove it rather than show a number we have not checked.
This page is general information, not financial advice. For a decision that depends on your own circumstances, speak to a qualified professional.
Rates last checked 19 October 2026.