Haventree Bank TFSA Savings Account
Monthly Fee
$0
Account Overview
The Haventree Bank Tax-Free Savings Account (TFSA) lets you earn tax-free interest on accessible savings. There is no monthly fee or minimum balance requirement.
Contributions are made with after-tax dollars. Withdrawals are tax-free and the amount withdrawn is added back to your contribution room on January 1 of the following year. Haventree Bank also offers GICs within the TFSA.
The account is available in Canada outside Quebec. Eligible deposits are covered by CDIC insurance, subject to coverage limits. Check Haventree Bank’s product page for the current rate.
Pros & Cons
Pros
- No monthly fee
- Competitive interest rate (2.5%)
Cons
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Account Features
Related Accounts
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