Enhanced Investment Account
- Account type: savings account with high returns
- Interest rate: contact your caisse populaire (based on balance maintained)
- Fees: none
- Insured deposits: up to $100,000 per person per caisse
Who should get this account?
People who want to grow their money for an investment or major purchase. This savings account combines flexibility and high returns and its interest rate varies with market fluctuations. You must have a Caisse chequing account to open an Enhanced Investment Account.
|Transactions||Only transfers, deposits and withdrawals of at least $5,000 may be made in this account.|
|Interest||Interest paid monthly.|
|Monthly fees||No fees.|
|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).