Tangerine Orange Key: Get a $50 Sign Up Bonus
Use our Tangerine Orange Key 23682439S1 to get a $50 cash bonus when you open an account and deposit $250. Here's how it works and whether it's worth it.
Banking
Tangerine
$50
cash bonus
Bonus terms are set by Tangerine and may change at any time.
Tangerine is one of Canada's original online banks, now owned by Scotiabank. It offers no-fee daily chequing, savings accounts, GICs, mutual funds and a cash back credit card, all without physical branches. If you want a straightforward bank account without monthly fees, it's a solid, well-known option.
Our review
A dependable no-fee bank with a real signup bonus and a wide product lineup. It suits people who are comfortable banking without branches.
How the Tangerine Orange Key bonus works
Tangerine calls its referral code an Orange Key. Use ours, 23682439S1, when you apply, and you get a $50 cash bonus. Here's what needs to happen:
- Be a new Tangerine client. You can't already have an account.
- Enter the Orange Key while applying. There's a specific field for it in the application.
- Open a qualifying account, such as the no-fee daily chequing account.
- Deposit at least $250 within the required timeframe.
Tangerine pays the bonus after your account is open and the deposit requirement is met.
What you get
- A $50 cash bonus for opening a new account with a $250 deposit
- No monthly fees on the daily chequing account
- Savings accounts, GICs and mutual funds under one login
- A cash back Mastercard with bonus categories you choose
- Backed by Scotiabank, with CDIC deposit insurance
How to claim the Tangerine bonus
- 1
Start your application
Go to Tangerine and begin opening a new account. You need to be a new client to qualify. - 2
Enter the Orange Key
Look for the Orange Key field in the application and enter 23682439S1. - 3
Choose your account
Open a qualifying account, such as the no-fee daily chequing account. - 4
Deposit at least $250
Fund your new account with at least $250 within the required window. - 5
Wait for your bonus
Tangerine credits the $50 bonus once your account is open and the deposit requirement is met.
Pros
- $50 bonus for a $250 deposit
- No monthly fees on daily chequing
- Backed by Scotiabank with CDIC insurance
- Savings, GICs and mutual funds in one place
- A cash back Mastercard option
Cons
- You must deposit $250 to qualify
- No physical branches
- New clients only
- Orange Key must be entered during the application
- Some perks depend on account type
Is Tangerine worth it?
If you want a dependable no-fee bank account and don't mind skipping branches, yes. The $50 bonus is a nice add-on for an account you might open anyway, and the backing from Scotiabank means your money is CDIC insured.
If you rely on in-person banking, it's worth thinking about how much you'd miss having a branch nearby.
Frequently asked questions
How much is the Tangerine Orange Key bonus?
What is the Tangerine Orange Key?
How much do I need to deposit?
Can I add the Orange Key after I open my account?
Is Tangerine a real bank?
When do I get the bonus?
Referral terms change without notice. Always confirm the current details on Tangerine's site before you sign up.
