The Saven Financial TFSA offers another smart way to save. Sock your savings away in a high interest savings account and watch it grow, tax free.
Enjoy high interest rates, making your money work harder for you.
Say goodbye to maintenance and withdrawal fees and no minimum balance requirements.
Access your account anytime, anywhere through our secure online platform.
Every dollar you earn in your TFSA is yours to keep. Unlike traditional savings accounts, there are no taxes on the interest you earn.
Withdraw funds anytime without penalties and re-contribute the following year. Plus we offer unlimited free transfers!
Residents of Ontario who are 18 years of age or older with a valid SIN can open a TFSA online with us.
Looking for great rates but don't have the contribution room for a TFSA?
Our 3.80%† HISA might be the right answer for you.
Residents of Ontario who are 18 years of age or older with a valid SIN can open a TFSA online with us
Our † HISA might be the right answer for you.
†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.
Experience unparalleled growth. Saven Financial offers up to 6.00%†† interest on TFSA GICs, ensuring tax-free earnings and peace of mind.
Experience unparalleled growth. Saven Financial offers up to †† interest on TFSA GICs, ensuring tax-free earnings and peace of mind.
Your account and personal information is Saven Financial's top priority. Only you have access to your accounts that are protected by multi-factor authentication
Your account and personal information is Saven Financial’s top priority. Only you have access to your accounts that are protected by multi-factor authentication.
ALREADY A MEMBER? CLICK HERE TO LOG IN TO SAVEN ONLINE BANKING.
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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.