Savings
Perfect if you wish to set aside money for upcoming purchases or expenses.
Key features:
- Gives you easy access to your savings while earning interest
- Two free withdrawals
- Earn interest on your daily balance
High Interest Savings Account (HISA)
Earn a bonus interest rate when you set aside funds for savings.
Key features:
- Only pay for the transactions you make
- Two free transactions per month
- Earn bonus interest when you make automated monthly transfers of $200 or more
- Earn interest on your daily balance
- Minimum automated transfer of $25 must be made to the account each month
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Tax Free Savings Account (TFSA)
A savings vehicle that lets you earn tax-free investment income.
Key features:
- No tax on interest earned in your TFSA to help build your savings faster
- Tax-free withdrawals
- Put back any amounts you withdraw in the year after you withdraw them
- Choose from a wide range of investment options
