Tax-free savings
As long as you stay within your contribution limits, you won't be taxed on interest earned or on withdrawals.
Flexibility
Easily move your money at any time. You're never locked in, and there are no minimums.
No unfair^ fees
We simply don't believe in unfair fees. So you won't have to pay to save with us.
About TFSAs
18 years and up
Currently, individuals who are at least 18 years of age can open a TFSA.
$7,000 annually*
Contribute up to $7,000* annually (as a combined total for all TFSAs held at all institutions).
$102,000 in total
If you've never contributed to a TFSA, and you were eligible to contribute since they were introduced in 2009, as of January 1, 2025, you can contribute a total of up to $102,000, which includes all unused contributions carried over since 2009. * Annual limit based on legislation current as of January 1, 2025, subject to potential future change.
Earn a 4.50% Savings rate
No hoops – just an awesome rate on TFSA, RSP & regular Savings to help you reach your goals.
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.
