A competitively high rate and practically zero fees make saving money super easy.
*Saven is a division of FirstOntario Credit Union. †Per annum rate. Rate subject to change at any time. Conditions apply. Interest is calculated daily and paid at the end of each month. No minimum deposit.
Enter the amount that you want to deposit then hover over the lines on the chart to watch your savings grow over time.
Enjoy the peace of mind knowing that Saven offers the convenience of online transactions through our secure and easy to use platform.
Need more details? See our terms & conditions for this product.
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Your smartphone must be updated to the latest version of iOS or Android OS (or up to two earlier versions).
Biometrics must be set up on your smartphone before you download the app.
Saven Financial is a division of FirstOntario Credit Union.
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† High Interest Savings Account (HISA) and High Interest Tax-Free Savings Account (TFSA): Per annum rate. Rate subject to change at any time. Conditions apply. Interest is calculated daily and paid at the end of each month. No minimum deposit.
†† Guaranteed Investment Certificate (GIC) and Tax-Free Savings Account (TFSA) GIC: Minimum investment is $1,000. Non-redeemable. Per annum rates. Rates subject to change at any time. Conditions apply. For non-registered GIC, choice of interest payout annually to HISA or reinvest interest back in GIC account. For TFSA GIC, choice of interest payout annually to TFSA ISA or reinvest interest back in TFSA GIC account.
§ The Saven Financial First Home Savings Account ("Saven FHSA") Introductory Interest Rate is available between November 26, 2023 and April 1, 2024, exclusively (the "Introductory Period"). You can earn a special annual interest rate of 6.00% calculated daily and paid monthly during the Introductory Period on cash deposits to your first Saven FHSA. To accept this offer, you must open a Saven FHSA during the Introductory Period and make a deposit to your eligible Saven FHSA during the Introductory Period. This offer is available to new and existing members who are eligible for a First Home Savings Account and is subject to change without notice. Consult your tax advisor for eligibility criteria, features and tax implication.
¶ Contribution is pro-rated annually based on the value of deposits and amount of time they are held with Saven, to a maximum of 0.05% of deposits.