The TOP - 7 tax-free savings accounts08.11.2019

Bankchart.ca has surveyed the terms of tax-free savings accounts (tfsa) for termless in the national currency. The survey covered all the deposits with any form of interest repayment, regardless of the replenishment option or the deposit partial withdrawal option. Our website's analysts have studied the loan offers from all Canadian banks, which place rates on their websites. Review date - 08.11.2019

As of 29 October 2019 the deposits under review have been offered by 7 banks.  The average interest rate under such deposits equals 0,94 % p.a. The total number of the deposits programs available for the specified terms is 8.

The maximal return among the deposits under review is offered by Zag Bank. The interest rate under "Zag Tax-Free Savings" deposit program constitutes 1,65 % p.a. The table below shows the best offers by each bank selected by Bankchart.ca (in terms of profitability) for the aforementioned terms.

The TOP-7 tax free savings accounts (tfsa) for termless, as of 29 October 2019

#

Name

Interest Rate, %

1

1,65

interest rate, %

rate type

variable

interest periodicity

monthly

minimum sum

$ 0,00

2

1,20

interest rate, %

rate type

variable

interest periodicity

monthly

minimum sum

$ 1,00

3

1,20

interest rate, %

rate type

variable

interest periodicity

monthly

minimum sum

$ 0,00

4

1,10

interest rate, %

rate type

variable

interest periodicity

monthly

minimum sum

$ 0,00

5

1,00

interest rate, %

rate type

variable

interest periodicity

monthly

minimum sum

$ 1,00

6

0,70

interest rate, %

rate type

variable

interest periodicity

monthly

minimum sum

$ 0,00

7

0,50

interest rate, %

rate type

variable

interest periodicity

monthly

minimum sum

$ 0,00

To view the up-to-date rating of the deposits at our website here.