Why Tangerine is the Most Awesome Bank Account in Canada

The most awesome deal in Canada right now, is the deal you get when you sign up for an awesome bank account at Tangerine.

Everyone has a bank account.

But not everyone thinks that they should be getting an awesome deal on their bank account.

This is confusing to me.

WHY DO YOU CHOOSE TO PAY FEES?

bad choice good choice

You have the option to not pay fees, yet you choose to pay fees?

Maybe the people that pay fees, just don’t know that they don’t have to.

With Tangerine, you pay no monthly account fees, and have unlimited debit transactions and withdrawals.

You even get interest on your chequing account – a tiny amount but it’s better than nothing.

Check out this article I wrote for a great contrast between Tangerine and RBC.

*NEW IN 2019* – NO INTERAC EMAIL MONEY TRANSFER FEES

I used to be ok with the $1 per email money transfer because everything else was free.

Then I heard Simplii Financial starting offering free email money transfers as well as everything else Tangerine offers.

Well, it took them a while but finally Tangerine decided that they would cut the $1 Interac fee as well in late 2019.

So it’s virtually a perfect bank account now, with the only remaining cost being for a bank draft, which is something I rarely need, if ever, so I’m fine with that.