TFSA FAQ/Rules
Answers to your most common Tax-Free Savings Account questions
WestEarner® TFSA GIC
Protect your investment and your earnings
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.
| Term (months) | Annual Interest |
| 12 | 0.650% |
| 24 | 0.800% |
| 36 | 0.900% |
| 48 | 1.200% |
| 60 | 1.400% |
| 72 | 1.400% |
| 84 | 1.400% |
| 96 | 1.400% |
| 108 | 1.400% |
| 120 | 1.500% |
Effective date: 12-April-21
Minimum $1,000 deposit. Interest compounded annually. Fully redeemable at 0.00% interest from the start date.
Posted rates available at branches only. All rates are per annum and are subject to change without notice. For deposits greater than $100,000, please contact your branch for rates.
| Term (months) | Annual Interest |
| 12 | 0.650% |
| 24 | 0.800% |
| 36 | 0.900% |
| 48 | 1.200% |
| 60 | 1.400% |
| 72 | 1.400% |
| 84 | 1.400% |
| 96 | 1.400% |
| 108 | 1.400% |
| 120 | 1.500% |
Effective date: 12-April-21
Minimum $1,000 deposit. Interest compounded annually. Fully redeemable at 0.00% interest from the start date.
Posted rates available at branches only. All rates are per annum and are subject to change without notice. For deposits greater than $100,000, please contact your branch for rates.