Savings Account Perks
Maximize your savings with these exclusive benefits
No monthly Account fees with no minimum balance
You don’t have to keep a bunch of money in the Account just to avoid a fee. No monthly fee means no monthly fee at all.
Free Interac e-transfer® transactions
Send money securely within Canada, directly from your Account. And when you register for Autodeposit, any money sent to you via Interac e-Transfer is deposited into your Account automatically.
Shop with confidence
With Interac & Visa* Debit Zero Liability protection, you’re protected from unauthorized purchases.
Automate your savings
This includes an unlimited number of debit purchases, bill payments, and pre-authorized transactions.
† Interest rate is subject to change without notice. ^Some fees may apply for special services.
Earn a 4.50% Savings rate
No hoops – just an awesome rate on TFSA, RSP & regular Savings to help you reach your goals.
Direct deposit and pre-authorized payments
When you have your pay deposited in to your Account and pre-authorized payments taken automatically from your Account, you enjoy instant access to your deposited money along with worry-free payments.
Benefits of an RSP
You pay less tax
Contributions to an RSP can be deducted from your taxable income, which is especially worthwhile if you use this tax saved to make a contribution for next year or to pay off debts.
Your RSP contribution is tax sheltered
The money you contribute, up to your contribution limit, and the earnings you make on your investments are only subject to tax when you withdraw from your RSP.
You can split your income with a Spousal RSP
Spousal RSP contributions help ensure future retirement income is split evenly between you and your partner.
Current Interest Rates
Current per year interest rate since February 06, 2024
†Interest rates are subject to change without notice.
Reach Your Financial Goals
Smart tools to help you save for what matters most
Goal Tracking
Visualize your progress with intuitive savings trackers and milestones.
Automatic Savings
Set it and forget it with recurring transfers tailored to your goals.
Smart Alerts
Get notified when you're on track or need to adjust your savings.
Your security matters
Keeping your banking info safe isn't the only thing required to protect your accounts. Discover expert tips on how to stay ahead of fraudsters.
