A flexible no-fee account with tiered interest encourages savings and makes your money work harder for you. Please note:
- Effective February 16, 2021, the minimum e-Transfer send amount was reduced to $0.10 (was $10).
Registered versions of the Premium Savings account are available as a TFSA, RRSP or RRIF.
Account details
- No monthly fee
- Split-rate tiered monthly interest (tied to interest rate tiers)
- 1 transaction included, then $5 each
Common fees associated with this account:
- $5 withdrawals, point-of-sale purchases (once transaction limit reached)
- $1.50 per Interac® e-transfer
- $5 per online bill payment or automated fund transfer (once transaction limit reached)
- $5 per non-credit union ATM withdrawal in Canada