TFSA FAQ/Rules
Answers to your most common Tax-Free Savings Account questions
WestEarner® TFSA GIC
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.
Rates
| Term (months) | Annual Interest |
| 12 | 3.45% |
| 24 | 3.25% |
| 36 | 3.15% |
| 48 | 3.05% |
| 60 | 3.00% |
| 72 | 3.00% |
| 84 | 3.00% |
| 96 | 3.00% |
| 108 | 3.00% |
| 120 | 3.00% |
Effective date: 15-October-2024
Minimum $1,000 deposit. Interest compounded annually. Fully redeemable at 0.00% interest from the start date.
Posted rates available at banking centres only. All rates are per annum and are subject to change without notice. For deposits greater than $100,000, please contact your banking centres for rates.
Canadian Western Bank is a member of the Canada Deposit Insurance Corporation (CDIC).