This website uses cookies to establish a secure connection and personalize your experience. By continuing you consent to the use of cookies. For more information and instructions on how to opt out of cookies, visit the Website Privacy Policy. If you choose to opt out this message will continue to appear.

Website Privacy Policy

Tax Free Savings Accounts (TFSA)

Growth that stays with you

Couple sitting on dock

With a Tax Free Savings Account, you are in control. One of the most flexible saving tools available to Canadians, think of a TFSA as a bucket - one you can fill with a wide range of investments, including GICs. It's also a bucket you can with draw from whenever you want, making it invaluable for purposeful saving and unexpected expenses. Best of all, any investment gains made in your TFSA are tax-free, keeping all of your money where it belongs - with you.

 

A TFSA lets you earn tax-free investment income. The contribution limit for 2020 is set at $6,000, up to a total contribution of $69,500.

geometric teal background

Start savings for your children's future

with a Registered Education Savings Plan
Learn more

WestEarner® TFSA GIC

All the security you expect from a guaranteed investment certificate (GIC) bundled with the tax-free earnings of a Tax Free Savings Account (TFSA). Earn competitive, guaranteed interest rate and don’t pay tax on any interest earned. Set your account to renew automatically for maximum convenience.


Learn more

WestEarner® TFSA Account

Make your money work harder and smarter with this high-interest Tax Free Savings Account (TFSA) that lets your funds grow without having to pay tax on your earnings. Withdraw or contribute funds at any time and don’t pay tax on any interest you earn. Automate your saving with the convenient automatic contribution feature.

Learn more

Get started today

Connect with a CWB Relationship Manager today about your TFSA options.

By submitting this form, you confirm your understanding and agreement with CWB’s Privacy Policy and Legal Disclaimer