CWB Canadian Western Bank

WestEarner® RRSP Account

Withdraw or contribute to your RRSP at any time1.

Start your retirement savings plan off right with a flexible option designed specifically for those who can only make smaller contributions. Our WestEarner RRSP Account is a great way to kick-start planning for your future.

Minimum investment $50.00
Interest rate Interest is calculated on the daily closing balance at the applicable rate tier and paid to the account annually on December 31.
Interest paid Annually on December 31
  • It’s a great place to start while developing your retirement plan, especially if you have less than $500 to contribute.
  • Get the flexibility to transfer funds at any time to a CWB RRSP or RRIF GIC.
 Balance  Annual interest
$50 - $2,500 0.250%
$2,500.01 & Over 1.000%
Minimum $50.00 deposit. Interest is calculated on the daily closing balance at the applicable rate tier and paid to the account annually on December 31.

Effective date: 5-December-16

Posted rates available at branches only. All rates are per annum and are subject to change without notice.

Get started now

Stop by your local branch or call today to get started. One of our banking specialists will be pleased to help you.

Find a branch near you
1 Withdrawals from the plan may be subject to withholding tax.