CWB Canadian Western Bank

WestEarner® Tax-Free Savings Account

Simplify your contributions and earn a great rate.

A TFSA is a great way to make your savings work harder for you. The flexibility of this account allows you to withdraw your cash at any time without paying interest on your earnings. You earn more, save faster and aren’t taxed for it.

Our WestEarner TFSA offers a great competitive rate to meet your savings needs.

 Term  —
 Minimum investment  $50
 Interest rate  Tiered interest rates, calculated on the daily closing balance
 Interest paid  Monthly
  • Earn interest tax free.
  • Withdraw or contribute at any time without paying tax on any interest you earned.
  • Transfer funds to another TFSA option at any time with no penalties.
  • Use the automatic contribution feature to have regular transfers from your account made on a timetable that suits your needs.
 Balance  Annual interest
 $0 - $999.99   1.600%
 $1,000 - $2,499.99  1.600%
 $2,500 - $4,999.99  1.600%
 $5,000 & over  1.600%
Minimum $50 deposit. Interest is calculated on the daily closing balance, at the applicable rate tier and paid to the account monthly.
Effective date: 21-May-19
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.

Get started now

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

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