Daily Interest Savings Account
- Account type: savings account without cheque-writing privileges
- Interest rate: contact your caisse populaire (based on balance maintained)
- Fees: standard transaction fees apply (except for automatic transfers from a chequing account in the same folio)
- Insured deposits: up to $100,000 per person per caisse
Who should get this account?
People who want to accumulate funds through single or scheduled periodic instalments to save up for a project or be prepared for the unexpected.
|Transactions||Deposits, withdrawals and transfers.|
|Interest||Interest paid monthly.|
|Monthly fees||Service charges apply, except for automatic transfers from a chequing account in the same folio.|
|Account statement||Monthly statement of account included in the chequing account statement you receive by mail or online.
Find out more about monthly statements of accounts.
|Insured deposits||Deposits insured up to $100,000 per person per caisse. In Ontario, Canadian dollar deposits are insured up to $100,000 by the Deposit Insurance Corporation of Ontario.
Find out more about deposit insurance (FAQ).
|Eligible for these plans||