So you’re sick of paying crazy fees for your chequing account? Good! You shouldn’t be paying any fees whatsoever to do normal banking. That’s where Tangerine comes in with their free checking account. No fees. Great service. Not to mention some of the best bonuses and best web interface out of all of the banks in Canada.
So how do you setup a free chequing account with Tangerine?
How to open a free chequing account with Tangerine
Step 1: Go to the Tangerine website
Just go to www.tangerine.ca
Step 2: Click on “Sign me up”
You’l see a big button in the top right that says “Sign me up.” Go ahead and click that or just click here.
Step 3: Choose “Spending” and then the Chequing Account
You’ll first need to click the little round circle that says “Spending” next to it. This will bring you to the section where the free chequing account is.
Step 4: Click “Enroll Now”
You’ll see a little blue button that says “Enroll Now” on the account type that you want(in this case chequing)
Step 5: Enter your info
You’ll then click that you are a new customer and then you’ll be walked through the sign-up process. You will need to enter some basic personal details on this screen. Don’t forget to enter an Orange Key in Step 6!
Step 6: Get $50 for free with and Orange Key
Tangerine has a special promotion where if you enter a special referral code, that you’ll get $50 free into your new account. The only catch is that you need to deposit at least $100 into the account in order to see the bonus. When you are entering your personal details in Step 5, you will see a box called “Referred by a friend” like the one below. Simply enter the following code to get $50:
Step 7: Finish your sign up
You will be sent an email to confirm the account. At this point you will have many more options like setting up an automatic payroll saving plan, printing out void cheques and, of course, regular banking.
I hope this guide was helpful, and happy saving!