EasyStart RRSP
Start your retirement savings with only $50!
Get your money working and growing tax-free. And as your RRSP grows you can choose other investment options. You can make contributions to your RRSP, over the phone with a financial representative, at TeleService 934-4000.
If you already have a variable RRSP plan with us, you can use our online banking to make your deposits any time that is convenient for you.
Product Details
Benefits
To provide members with an accessible registered savings account with tiered rates. This product is ideal for members that want easy access to their registered accounts.
Interest Calculations
Interest is calculated on the closing daily balance and paid monthly.
Interest is calculated on tiered rate structure based on the total closing daily balance. (e.g.: closing daily balance is $32,000 therefore interest is paid on the entire account balance at the current interest rate associated with the $25,000 - $49,999 tier).
| $0 | - | $4,999 |
| $5,000 | - | $24,999 |
| $25,000 | - | $49,999 |
| $50,000 | - | $99,999 |
| $100,000+ | ||
Access to Funds
In-branch, electronic services available for transfers into RRSP accounts only.
Service Charges
For complete pricing information, refer to the current Service Charge Schedule.
Overdraft Protection
Not available
Statements
Included in monthly consolidated statement.
Deposit Guarantee
The Credit Union Deposit Guarantee Corporation provides a full guarantee of deposits.