Skip to main content

Tax Free eSavings Account

{{ ext.helpers.getHeading() }}

{{ ext.helpers.getSubheading() }}

No rate selected.

{{ rate.value }}

Information

Features
Easy Banking
Me-to-Me Transfer
TFSA Calculator
Account Agreements

No Fees While You Save

  • High interest rate on every dollar.
  • Award-winning Tax Free eSavings Account.
  • Learn more about your TFSA options with Alterna Bank.

No Minimum Balance

  • No minimum balance required.
  • Safe and secure – eligible deposits are insured up to the maximum amount through the Canada Deposit Insurance Corporation (CDIC)1


We make banking easy, accessible, and secure - wherever you are.

ONLINE BANKING

Bank 24 hours a day, 7 days a week. Pay your bills online and skip that trip to a mailbox.

MOBILE

Get the full experience of online banking plus more. Whether you're checking your balances or depositing your cheques easily with Deposit Anywhere™, do it all within your fingertips.



Get your bank accounts talking to each other with a few clicks. 

Available with your Alterna Bank account, Me-to-Me is a free feature that lets you link all your accounts from different financial institutions so you can transfer funds with ease.

  • Transfer funds to and from your account to another financial institution
  • Fund new accounts from your external account if other financial institutions support it

Setting up is easy! Find out more on Me-to-Me Transfers.


Our Tax-Free Savings Account Calculator helps to quantify the financial benefits of investing through TFSAs when investment income is shielded from taxes.

Legal

These calculators are made available to you as tools for independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy. All examples are hypothetical and are for illustrative purposes only. Please visit your branch to seek personalized advice from qualified professionals for all personal finance issues.

Total contribution limits from the introduction of Tax Free Saving Accounts in 2009 through 2019 should not exceed $63,500.

Nobody loves fine print, but please make sure to open and review the following account agreements for the terms & conditions of the new products you are opening.

TFSA Declaration of Trust

Apply online now.

It typically takes just 5 minutes to apply for your account - all online!

​​Safe and secure access to your accounts

We are committed to providing a safe and secure banking experience. While using our online and mobile banking, the integrity of your account information is guaranteed.

​Alterna Bank Mobile App

Access your accounts anytime, anywhere available on iOS and Android. No need to set up new passwords or security codes, use the same login and password for online banking.

Click to download the app here: 

        Legal

*Interest rate is annualized and subject to change without notice. Interest is calculated daily on the closing balance and paid monthly. TFSA eSavings Accounts and rates are only available for purchase online. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date. 

Maximum balance per customer is $250,000 (plus accrued interest).

1Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.

Click here for our FAQs on Account Limits.


          CS Alterna Bank is a member of Canada Deposit Insurance Corporation (CDIC)

We are here for you.

Welcome to the bank that actually puts customers before profits and who is winning customers with service, products and total transparency that truly puts the good in banking.

Stay in touch. Be the first to know about news, promotions and announcements.  Signup Now!