This savings account is designed to help students save up for tuition or any other life goals, keeping it just out of reach to not spend it impulsively, yet making it accessible when needed.
GIVEAWAY ALERT!
With this account you are automaticaly entered to win $500 three times a year when you have at least $500 saved up in this account. Think of it as an incentive to save your money or a reward for saving money, either way it’s win/win. Also, don’t forget to open a Student Account for your day to day purchases, this chequing account is also free! Click here for Draw Details and Regulations.
Interest Rate
1.90%
Monthly Fee
$0
Free Unlimited Transactions
Free unlimited in-branch transfers
Free unlimited electronic transactions:
- Online banking transfer
- Electronic transfer
- Caisse Financial Group ATMs transfer
- Credit Union AccuLink® ATMs transfer
- Telephone banking transfer
Bonus
$500 cash prize draws three times a year.
Student Benefits apply until your 26th birthday whether you remain a student or not.
Provide proof of enrolment in a postsecondary institution only once (when you open the account).
Conditions
Must be 18 to 25 years of age and enrolled full-time (three full courses or 18 credits) at an accredited post-secondary institution when the account is opened.
Fees apply to all the following transactions:
| In-branch bill payment | $1.50 each |
| Interac e-Transfer® | $1.00 each |
| Request Money | $1.00 each |
Interest rate is variable and subject to change without notice. Interest is calculated on the closing daily balance and paid monthly.
