Savings Accounts

The High Interest Savings Account is an investment savings account offering a premium interest rate. It is an ideal complement to your everyday bank account to save for a special purchase or event. Or use it as a way to start building your investments until you have enough to meet the minimum required for a term deposit or to invest in other ways.

• Competitive rate; no minimum balance required
• One free debit per month, such as a withdrawal, transfer or electronic bill payment
• Make unlimited deposits, when and how you choose
• Free monthly statement
• Easy access to your money through ATMs, Online, Mobile or Telephone Banking
• Deposits are 100% guaranteed**

^c May be counted as free transactions as per account set-up.

^d $5.00 transaction fee applies after transaction limit exceeded.

If you would like to save for a special purchase or event, but need to dip into your savings occasionally, this may be the account for you.

• 1 free transaction per month (see service charges for details)
• Access your funds via ATM, direct payment (POS), online or mobile banking, or in-branch withdrawals
• Free electronic transfers between BlueShore Financial accounts
• Free monthly statement
• Per-transaction fees mean you only pay for what you use
• Deposits are 100% guaranteed**

^b May be counted as free transaction(s) as per package set-up.

Ideal for clients who frequently travel across the border or who receive money from the U.S. This account earns daily interest and shelters you from fluctuations in currency exchange rates.

• Buy U.S. currency when rates are favorable; earn interest while you hold it
• 1 free transaction per month; then pay on a per-transaction basis
• Transfer funds between your U.S. Savings and U.S. Chequing account without currency conversion – online, in-branch or by phone through our Solution Centre
• Transfer funds between your Canadian and U.S. accounts online – standard currency conversion rates will apply
• Free monthly statement
• Deposits are 100% guaranteed**

Please note this account cannot be accessed from ATMs that dispense U.S. funds.

^a Service charges in U.S. dollars

^b This transaction qualifies as part of your monthly transaction total

^c Standard foreign exchange rates apply between Canadian and U.S. accounts

Our RRSP Savings account is a flexible savings option designed to help make it easy for you to save for your retirement. You choose how much, when and how often you wish to contribute to your RRSP. You can transfer your funds to a higher-yield registered investment product – for example, term deposits or mutual funds^† – at any time with no penalties or service fees.

And if you're running short on time when RRSP contribution deadlines loom, it's a great place to "park" your money to ensure you maximize your tax benefits. Then you can arrange to meet with one of our financial or investment advisors, to make the right long-term decisions for your retirement savings.

• No minimum balance required
• Complete flexibility; keep the funds in the account for as long or short a period of time as you wish
• Transfer funds anytime to your RRSP Savings account through Online or Mobile Banking
• Deposits are 100% guaranteed**

A Registered Retirement Income Fund (RRIF) Savings account combines the flexibility of a savings account with the benefit of a registered product. It's a great source of ready cash when you don't want to "cash out" funds from other RRIF investments. You can accumulate funds in your RRIF Savings tax-free until you withdraw them. You might use the money for a holiday, major purchase, emergencies or to pay taxes. Manage your retirement income on your own terms; the amount and length of time your funds are held in the account can vary, and you won't be charged penalties or service fees.

• No minimum balance required
• Open term – keep the funds in the account for as long or short a period of time as you wish
• Deposits are 100% guaranteed^†

Registered Education Savings Plans (RESPs) are an excellent way to save for your child's post-secondary education. The RESP Growth Savings account offers a premium interest rate and is ideal for "parking" your money as you accumulate it or until you decide how you wish to have it invested.

• Premium rate; no minimum balance required
• Open term; keep the funds in your account for as long or short a period of time as you wish
• Deposits are 100% guaranteed^†

If you are 59 or over, this account is ideal if you wish to earn interest on your funds but make occasional withdrawals. As a Golden client, you get 10 free transactions a month and you can access your money any time.

• 10 free transactions per month (see service charges for details)
• Free Canadian bank drafts
• Access to your funds via ATM, direct payment (POS), Online or Mobile Banking, or in-branch withdrawals
• Free electronic transfers between BlueShore Financial accounts
• Free monthly statement
• Per-transaction fees (after the first 10) mean you only pay for what you use
• Deposits are 100% guaranteed**

^b May be counted as free transaction(s) as per package set-up.

This account is ideal if you are 18 and under and need a way to help you save for a goal, either short-term (maybe a new bike or cell phone) or long-term (a car, your education, even your own business!). You can access your money any time.

• 10 free transactions per month (see service charges for details)
• Access your funds via ATM, direct payment (POS), Online or Mobile Banking, or in-branch withdrawals
• Free electronic transfers between BlueShore Financial accounts
• Free annual statement
• Per-transaction fees (after the first 10) mean you only pay for what you use
• Deposits are 100% guaranteed**

^b May be counted as free transaction(s) as per package set-up.