TFSA Savings Account

Becoming a Member

Who should get this account?

Ideal for those who want to set money aside for various projects. The TFSA Savings Account gives you the flexibility of making tax-free withdrawals at any time. This account combines flexibility and good returns, and the rate varies with the balance maintained in the account.

You first have to register for a Tax-Free Savings Account issued and administered by Desjardins Trust and you need a chequing account to open a TFSA Savings Account.

Features

Transactions Deposits1, withdrawals, transfers permitted at all times. No minimum amount required.
Periodic Investment Plan Make automatic transfers into your account. You decide how much and how often (minimum of $25 per transfer).
Interest Paid monthly and non-taxable.
Monthly fees No fees.
Account statement Monthly statement of account included in the chequing account statement you receive by mail or online.

Find out more about monthly statements of accounts.
Other Savings-Life Insurance available.

Find out more about Savings-Life Insurance.

1.Maximum annual contribution: $5,000 in 2009; then, indexed to the inflation rate and rounded to the nearest $500 on a yearly basis.

Talk to Us

We are in a neighbourhood near you. Click below to find a branch.

Call us at 1-866-592-2226 (Option 5) or find your local branch number.

Meridian Credit Union