High Interest Savings Account

High Interest Savings Account (HISA)

Your High Interest Savings Account (HISA) is designed for those people who have funds to stash away yet still have the peace of mind knowing they can have access to those funds at any time.  Your HISA can be also used under the new Tax-Free Savings Account (TFSA) which the govenment of Canada rolled out beginning January 1, 2009

While you have access to your funds and can perform online transfers free of charge, the HISA and TFSA HISA are not designed to be transactional accounts for they do carry a $5.00 withdrawal/transfer-out charge.

 

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