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​Savings Accounts

The gateway to achieving your savings goals.

​Grow your savings

Tandia has practical account options for your savings needs, all paying competitive rates of interest. 

​A Range of Interest Options

Daily, Tiered, High-interest & More

​In-Branch and Online

​Flexible Access Options


​ding-free ATM Access

Largest National Network

​Round Up and Save

Build Your Savings with Every Purchase

​Savings have never been smarter

​A savings account is an essential tool for wise money management and a natural companion for your personal chequing plan.  It's a place to accumulate funds to help you achieve your savings goal.

Smart Savings

Overview

Our Smart Savings Account offers more than high interest.  With tiered interest rates, you earn more on every dollar as you invest more.

Key Features
  • Unlimited free online account transfers
  • Three interest tiers of <$5,000, $5,000 - $49,000 and $50,000+
  • Interest is calculated on the closing daily balance and paid monthly
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Tiered Interest Savings

Overview

This is an ideal basic savings account to accumulate funds for your savings goals. It offers competitive daily interest with escalating rates as your balance increases.

Key Features
  • Accessible through the ding-free Network and Interac® Direct Payment
  • Interest is paid monthly, calculated on the closing daily balance with the following tiers:
    Up to $4,999; $5,000 - $9,999; $10,000 - $24,999; $25,000 - $59999; Portion $60,000 + : a premium rate is paid
Meet with us Find a branch

US Daily Savings Account

Overview

Travelling to the United States? Whether you’re saving for your next trip or have money left over from the last, here’s a handy tiered interest account for maintaining your US cash until needed.

Key Features

  • Save on exchange by purchasing US dollars when rates are favourable.

  • Transfer US funds online to another US account or to your CDN accounts, or transfer CDN funds into your US account.

  • Competitive Interest is calculated on the closing daily balance and paid monthly with two tiers: <$3,000, portion $3,000 +. 

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YouthSavers Account - Ages 5 to 11

Overview

Young members earn a premium daily interest savings rate, and are encouraged to save money and begin building financial responsibility.

Key Features

  • YouthSavers Bonus Points Card: Earn a stamp for every $10 deposit and when the card is full (after $200 in deposits), receive a $5 bonus to your account (limits apply)

  • Term Deposits are available with a lower minimum deposit of $100

  • Interest is calculated on the closing daily balance and paid monthly

Meet with us Find a branch

YouthSavers Account - Ages 12 to 17

Overview

The YouthSavers program is designed to grow with young members. Starting at age 12 and with parent/guardian consent, YouthSavers members can take advantage of full every-day banking services.

Key Features

  • A Member Card® debit card

  • Fee-free Limitless Student Plan for everyday banking transactions

  • Online Banking and Mobile App access

  • Interest is calculated on the closing daily balance and paid monthly

Meet with us Find a branch

Visit our Service Fees page for disclosure of all applicable fees.

Deposits insured by the Deposit Insurance Corporation of Ontario.  Deposits in registered plans are fully insured.  Other Canadian dollar deposits insured up to $250,000.  For further information on deposit insurance, please ask for a brochure; call DICO at 1.800.268.6653 or log on to the website at www.dico.com.

Can't get to a branch? Save your money and never go to a branch with our eVest accounts. 

We have a big interest in helping you save and are happy to offer our exclusively online investment savings account called eVest account, with a market-friendly 'everyday' rate of 1.60%* on every dollar.

The eVest account is also TFSA and RRSP eligible. Current members with online banking access can self-open an eVest Account from any desktop PC: log in and from the left menu, select Account Services - Open a New Account/Savings Accounts and click 'eVest Account' - it's that easy!

eVest Account
eVest TFSA
eVest RRSP

eVest account key features

Say hello to Tandia's exclusive online-only investment savings account with a market-friendly everyday rate on every dollar. Interest is calculated on the closing daily balance and paid monthly

  • An account for non-registered savings

  • Unlimited free self-serve/online-only transfer transactions between Tandia accounts

  • ATM access with a Tandia Member Card® debit card

  • Accessible on-the-go with Tandia™ Mobile

  • Deposit convenience via Me2Me Transfers, Interac e-Transfer® and Deposit Anywhere™

​How to access your eVest account


Online, mobile & automated telephone access

  • Your funds are accessible 24/7 via these methods.
  • In-branch personal service is not available - it is a self-serve, online-access-only account.
  • For those times when you do need assistance, our Member Solutions Centre is available during regular business hours at 1.800.598.2891.

Online transfers (debits) to your other Tandia accounts

  • Free and unlimited online debit transactions.

Member Card® debit card transactions (non-registered accounts only)

  • ATM withdrawals are $5.00 each.Funds can be withdrawn at any Tandia ATM. location or thousands of ATMs across Canada that display The Exchange® Network logo plus the Interac® and Cirrus® ATM networks as well.Interac® Direct Payment/Flash purchases are also $5.00 each.

Interac e-Transfer®

  • $5.00 each.

Bill payments & pre-authorized payments/debits

  • Not available on this account.

RRSP Tip: RRSP funds can be withdrawn, in whole or in part, subject to a minimum withholding tax at source; the money you withdraw is taxable and will be reported on a T4RSP for income tax reporting purposes. 


How to grow your eVest account

Online transfers (credits) to your eVest Account from your other Tandia accounts

  • Free and unlimited.

Me2Me Transfers - transfer funds between your other financial institutions and your eVest Account

  • Free and unlimited.
  • Initial authorization and setup required.

ATM Deposits and Deposit Anywhere™

  • Free- deposits can be made at any Tandia ATM or at thousands of ATMs across Canada that display THE EXCHANGE® Network logo
  • With our Tandia™ Mobile app, you can deposit cheques in a snap - 'Deposit Anywhere™' is as easy as taking a picture of your cheque with your mobile device.

Payday Deposits

  • Set up a regular auto-transfer of a fixed amount of any regular deposit made to any Tandia account - contact our Member Solutions Centre for assistance.


RRSP Tip: New RRSP contributions will generate an official receipt for income tax reporting purposes. The Income Tax Act allows you to transfer your existing RRSPs tax-free between issuers. The transfer must be made directly from one issue to another (via form T2033).


eVest RRSP interest and fees

  • Interest is calculated on the closing daily balance and paid monthly
  • Statements are provided monthly at no charge
  • For more information on applicable service fees, refer to our Service Fee Bulletins. 

RRSP Tip: Your CRA Notice of Assessment, received after filing your tax return, will state your RRSP contribution room for the following year. You can also phone the CRA Tax Information Phone Service 1.800.267.6999 (TIPS) or log into My CRA Account to confirm your available room.

*The everyday rate is stated per annum and is subject to change at any time without notice. Interest is calculated on the closing daily balance and paid monthly.

Rates are per annum and are subject to change without notice.

®EXCHANGE is a registered trademark licensed for use in Canada by FICANEX SERVICES Limited Partnership.

®INTERAC is a trademark owned by Interac® Inc. and is used under license.

​™DEPOSIT ANYWHERE is a trademark of Central 1 Credit Union and is used under license.

eVest TFSA Key Features

  • A registered Tax Free Savings AccountUnlimited free self-serve/online-only transfer transactions between Tandia accounts

  • Easy for current TFSA holders to self open through Tandia's online banking

  • New TFSA holders and new members can get their eVest TFSA started at any branch locationDeposit convenience via Me2Me Transfers

​How to access your eVest TFSA

Online, mobile & automated telephone access

  • Your funds are accessible 24/7 via these methods.
  • The eVest TFSA is primarily a self-serve, online-access-only account. For those times when you do need assistance with your eVest TFSA, your branch and our our Member Solutions Centre can assist you.

Online transfers (debits) to your other Tandia accounts

  • Free and unlimited online debit transactions.


TFSA Tip: If you take money out of your Tax-Free Savings Account, you don't lose the contribution room -- you get it back in the following year. So when you take money out, you have to wait until the next year before you can put it back in.

​How to grow your eVest TFSA

Online transfers (credits) to your eVest TFSA from your non-registered Tandia accounts

  • Free and unlimited online credit transactions

Me2Me Transfers - transfer non-registered funds from other financial institutions to your eVest TFSA

  • Free and unlimted Me2Me transfersInitial authorization and setup required

TT2033 - transfer TFSA funds from your other financial institutions to your eVest TFSA

  • Visit your branch or contact the Member Solutions Centre for assistance.

PayDay Deposits

  • Set up a regular auto-transfer of a fixed amount of any regular deposit made to any Tandia account


TFSA Tip: For 2019, the TFSA annual dollar limit is $6,000 and will continue to be indexed to inflation in future years. If you've never contributed to a TFSA, as of 2019 there is $63,500 total contribution room available. And for a couple, the higher-income earner can give money to the lower-income spouse (without attribution rules applying), allowing $127,000 in combined contribution room.

eVest TFSA interest and fees

  • Interest is calculated on the closing daily balance and paid monthlye
  • Statements are provided monthly at no charge
  • For more information on applicable service fees, refer to our Service Fee Bulletins. 

TFSA Tip: Each year, the government will determine and advise you of your available Tax-Free Savings Account conttribution limit on your CRA Notice of Assessment.

*The everyday rate is stated per annum and is subject to change at any time without notice. Interest is calculated on the closing daily balance and paid monthly.Rates are per annum and are subject to change without notice.®EXCHANGE is a registered trademark licensed for use in Canada by FICANEX SERVICES Limited Partnership.®INTERAC is a trademark owned by Interac® Inc. and is used under license.™ DEPOSIT ANYWHERE is a trademark of Central 1 Credit Union and is used under license.

eVest RRSP Key Features

  • A Registered Retirement Saving Plan acount

  • Unlimited free self-serve/online-only transfer-in transactions between Tandia accountsEasy for current RRSP holders to self open through Tandia's online banking

  • New RRSP holders and new members can get their eVest RRSP started at any branch location

  • Deposit convenience via Me2Me Transfers

How to access your eVest RRSP

Online, mobile & automated telephone access

  • Your funds are accessible 24/7 via these methods.
  • The eVest RRSP is primarily a self-serve, online-access-only account.
  • For those times when you do need assistance with your eVest RRSP, your branch and our our Member Solutions Centre can assist you.

RRSP Tip: RRSP funds can be withdrawn, in whole or in part, subject to a minimum withholding tax at source; the money you withdraw is taxable and will be reported on a T4RSP for income tax reporting purposes. 

How to grow your eVest RRSP

Online transfers (credits) to your eVest RRSP from your non-registered Tandia accounts

  • Free and unlimited online credit transactions

Me2Me Transfers - transfer non-registered funds from other financial institutions to your eVest RRSP

  • Free and unlimted Me2Me transfers
  • Initial authorization and setup required

TT2033 - transfer RRSP funds from your other financial institutions to your eVest RRSP

  • Visit your branch or contact the Member Solutions Centre for assistance.

PayDay Deposits

  • Set up a regular auto-transfer of a fixed amount of any regular deposit made to any Tandia account

RRSP Tip: New RRSP contributions will generate an official receipt for income tax reporting purposes. The Income Tax Act allows you to transfer your existing RRSPs tax-free between issuers. The transfer must be made directly from one issue to another (via form T2033).

eVest RRSP interest and fees

  • Interest is calculated on the closing daily balance and paid monthlye
  • Statements are provided monthly at no charge
  • For more information on applicable service fees, refer to our Service Fee Bulletins. 

RRSP Tip: Your CRA Notice of Assessment, received after filing your tax return, will state your RRSP contribution room for the following year. You can also phone the CRA Tax Information Phone Service 1.800.267.6999 (TIPS) or log into My CRA Account to confirm your available room.

*The everyday rate is stated per annum and is subject to change at any time without notice. Interest is calculated on the closing daily balance and paid monthly.Rates are per annum and are subject to change without notice.®EXCHANGE is a registered trademark licensed for use in Canada by FICANEX SERVICES Limited Partnership.®INTERAC is a trademark owned by Interac® Inc. and is used under license.™DEPOSIT ANYWHERE is a trademark of Central 1 Credit Union and is used under license.

​The ease of mobile banking

We are proud to offer the market-leading functionality of Tandia™ Mobile. With its fast and easy navigation, you can do your everyday banking conveniently and on-the go.

     Learn More      

Good things happen when we share

Help us spread the word about Tandia to your family, friends and co-workers and we’ll reward both you and the person you refer with $25 cash*. 

   Learn More   

We are here for you

We encourage you to get in touch at any time, whether it’s with a question about our business or a comment on how we might be able to better serve you. After all, at Tandia, your voice is the most important one.

1.800.598.2891

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Deposit Insurance Reserve Fund 

To report a lost or stolen MEMBER CARD® debit card during regular business hours, call 1.800.598.2891 after hours please call 1.888.277.1043.


Copyright © 2020 Tandia Financial Credit Union Limited. All rights reserved.

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