Tangerine Bank makes money by attracting funds from its customers on lower interest rates to different accounts, like:
- Tangerine Tax-Free Savings Account
- Tangerine Children’s Savings Account
- Tangerine RSP Savings Account
- Tangerine RIF Savings Account
- Tangerine US$ Savings Account
, and providing different loans at higher rates, for example:
- Credit cards
- Mortgages
- Home Equity Line of Credit
- RSP Loan