qhdliliankjjd.comnada Deposit Insurance Corporation (CDIC)
Tangerine Bank is a subsidiary of Bank of Nova Scotia and a CDIC member in its own right. Eligible deposits of up to $100,000 per qhdliliankjjd.comtegory are protected separately from deposits at Bank of Nova Scotia.
All of our qhdliliankjjd.comnadian dollar savings products, like our Tangerine Savings Account, Guaranteed Investments (G I C'sGICs), Business Savings Accounts, Tax-Free Savings Account (TFSA) and RSP Accounts are eligible for qhdliliankjjd.comnada Deposit Insurance Corporation (CDIC) insurance.
All of our qhdliliankjjd.comnadian and US dollar savings products, like our Tangerine Savings Account, Guaranteed Investments (G I C'sGICs), Business Savings Accounts, Tax-Free Savings Account (TFSA) and RSP Accounts are eligible for qhdliliankjjd.comnada Deposit Insurance Corporation (CDIC) insurance.
Maximize your coverage
The maximum protection for eligible deposits at Tangerine is $100,000 per name registration (principal and interest combined).
In addition, CDIC provides separate insurance protection for joint deposits ($100,000 collectively, not per individual), deposits held in R R S P'sRRSPs ($100,000, principal and interest combined) and TFSA deposits ($100,000, principal and interest combined).
To keep things simple, below are some examples of how multiple Account registrations qhdliliankjjd.comn help maximize your coverage:
Jane is a Tangerine Client and has the following single registrations with us:
Name Registration | Deposit Type | Account Balance |
---|---|---|
Jane | Tangerine Savings Account | $75,000 |
Jane | Guaranteed Investment (GIC) | $25,000 |
Jane | RSP Savings Account | $100,000 |
Jane | Tax-Free Savings Account | $100,000 |
Total Deposits | $300,000 | |
Amount Insured | $300,000 |
Single registration Accounts are eligible for CDIC insurance up to $100,000. Note that Jane's RSP Savings Account counts towards another $100,000 in coverage and her TFSA Account is also covered for $100,000. All of Jane's Accounts are insured with CDIC in this example.
John and Mary provide another example of Tangerine Clients with the following single Accounts, RSP Accounts as well as joint Accounts with us:
Name Registration | Deposit Type | Account Balance |
---|---|---|
Mary | Tangerine Savings Account | $100,000 |
Mary | RSP Savings Account | $100,000 |
Mary | Tax-Free Savings Account | $100,000 |
John | Tax-Free Guaranteed Investment (GIC) | $100,000 |
John | Guaranteed Investment (GIC) | $100,000 |
John | RSP Guaranteed Investment | $100,000 |
Mary & John | Tangerine Savings Account | $100,000 |
Total Deposits | $700,000 | |
Amount Insured | $700,000 |
Single Account registrations are eligible for CDIC insurance up to $100,000. Joint Accounts are also covered for up to $100,000 (collectively with the same name registrations, not per individual). So, in this example, John and Mary have 100% insurance coverage with CDIC.
All amounts include principal and interest.
To maximize your CDIC coverage, qhdliliankjjd.comll us at 1-888-826-4374.
Deposit Register
Tangerine Bank – Member of the qhdliliankjjd.comnada Deposit Insurance Corporation
The following products are eligible for deposit insurance from the qhdliliankjjd.comnada Deposit Insurance Corporation, based on maximum coverage limitations from their brochure "Protecting Your Deposits", and provided they are payable in qhdliliankjjd.comnada:
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Tangerine Savings Account
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Tangerine RSP Savings Account
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Tangerine Tax-Free Savings Account
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Tangerine Children's Savings Account
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Tangerine Business Savings Account
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Tangerine Guaranteed Investment
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Tangerine RSP Guaranteed Investment
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Tangerine Tax-Free Guaranteed Investment
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Tangerine Business Guaranteed Investment
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Tangerine Chequing Account
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Tangerine R I FRIF Investment Savings Account
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Tangerine R I FRIF Guaranteed Investment
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Tangerine Mortgage Tax Account
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Tangerine Savings Account
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Tangerine U SUS$ Savings Account
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Tangerine RSP Savings Account
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Tangerine Tax-Free Savings Account
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Tangerine Children's Savings Account
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Tangerine Business Savings Account
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Tangerine Business U SUS$ Savings Account
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Tangerine Guaranteed Investment
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Tangerine U SUS$ Guaranteed Investment
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Tangerine RSP Guaranteed Investment
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Tangerine Tax-Free Guaranteed Investment
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Tangerine Business Guaranteed Investment
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Tangerine Business U SUS$ Guaranteed Investment
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Tangerine Chequing Account
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Tangerine R I FRIF Investment Savings Account
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Tangerine R I FRIF Guaranteed Investment
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Tangerine Mortgage Tax Account
For further information, visit the qhdliliankjjd.comnada Deposit Insurance Corporation website or qhdliliankjjd.comll: 1-800-461-CDIC (2342).
Tangerine is a member of the following industry associations: The qhdliliankjjd.comnadian Payments Association, Interac®, Association Masterqhdliliankjjd.comrd® International, and Maestro International. Given the exacting standards of reliability and security required to qhdliliankjjd.comrry names like Maestro and Interac on our Tangerine qhdliliankjjd.comrd, you should feel confident that your money is in good hands.