Get Your Free Tfsa Report
Your Income Range
Regular Investment
Rate of Return
Lump Sump
Term of Investment
  (In Years)
For illustrative purposes only, not for financial planning. Please read the assumptions.
Tfsa Information
Further Reading
Stay informed
Subscribe Using RSS
TFSA Rates and Fees at-a-Glance
There are many so-called deals out on the Tax Free Savings Account market, but beware of banks offering high rates only to scale them back after you sign up! The rates have plummetted from as high as 4.0% by 0.5-1.0% consistently every month since the TFSA’s conception.
Whenever you sign up for any financial product, especially an account, make sure you read the fine print. It is your responsibility to check for hidden stipulations, management fees and transfer penalties. You need to act quickly to secure the best tax-free interest rate and consider locking in before rates fall any further.

Note, rates may have changed by the time you read this!

Here are the “Big 5” banks as of the week of July 2nd, 2009.

The “Big 5” Banks


Pays 0.75 per cent.


Pays 1.0 per cent.



TD Canada Trust

Other Financial Institutions


Pays 1.05 per cent.

President’s Choice Financial

ING Direct

For more information, or to check out the latest in price plans please visit:


This entry was posted on Sunday, April 12th, 2009 at 11:53 pm and is filed under Tax Free Savings Account Offers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply


TFSA&Kids »

Find the latest information about the TFSA
  More Details

TFSA Couples »

Learn the best strategy for your partners TFSA
  More Details

TFSA Seniors »

Read more about your retirement and the TFSA
  More Details