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Thursday, February 25, 2010

TFSA Interest Rates Comparison Chart for Canadian Banks 2010

For 2012 Interest Rates Check Here.

Since interests rates are always changing I am provided you with a link to the TFSA information for each bank.

Bank of Montreal Tax-Free Savings Account
TFSA Current Interest Rate: 1.25%
Minimum Investment: $50.00 Cad
Maximum Investment: $5,000.00 Cad / yr
Rates are calculated on a per annum basis.
Rates are subject to change without notice.
There are no fees for contributions, withdrawals or transfers.

CIBC TFSA Tax Advantage Savings Account
TFSA Current Interest Rate: 1.00%
TFSA Bonus Interest Rate: 1.00% (expire April 30, 2010)
Minimum Investment: $25.00 Cad
Maximum Investment: $5,000.00 Cad / yr
Rates are calculated on a per annum basis.
Rates are subject to change without notice.

ING Direct Tax-Free Investment Savings Account
TFSA Current Interest Rate: 3.00% (limited time offer)
Minimum Investment: no minimum
Maximum Investment: $5,000.00 Cad / yr
No fees, no service charges and no minimum balances

RBC Tax Free Savings Account
Information Not Clear
Excellent TFSA Write up

Scotiabank Tax Free Savings Account
Information Not Clear.
Read Frequently Asked Questions

TD Canada Trust High Interest TFSA Savings Account
TFSA Current Interest Rate: 1.25%
Minimum Investment: N/A
Maximum Investment: $5,000.00 Cad / yr
Transfer fees may apply.

HSBC TFSA High Rate Savings Account
TFSA Current Interest Rate: 0.80%
Minimum Investment: N/A
Maximum Investment: $5,000.00 Cad / yr
Interest rates are expressed on a per annum basis.
Rates are subject to change without notice.

PC Financial Tax-Free Interest Plus™ Savings Account
TFSA Current Interest Rate: 2.00% (Special offer!)
Expire April 30, 2010