Best Canadian Tire Bank Savings Accounts in Canada

• 2.40% annual interest rate*
• No monthly fees
• No minimum balance required
• No lock-in period
• Easy transfers online or by phone to your linked external account
• 24/7 online banking

Eligibility: you must be a resident of Canada (outside Quebec), have reached the age of majority in your province or territory and provide your Social Insurance Number (SIN). You apply online or by phone, then return the Direct Transfer Authorization form that links the account to an external bank account.

Note: Canadian Tire Bank deposit products are not available to residents of Quebec.

• 2.40% annual interest rate*, tax-free
• No monthly fees
• No minimum deposit or balance
• No lock-in period: withdraw anytime
• Transfers online or by phone
• $50 fee to transfer the TFSA to another financial institution
• Individual TFSA only (no joint accounts)

Eligibility: you must be a resident of Canada (outside Quebec), have reached the age of majority in your province or territory and provide your Social Insurance Number (SIN). You apply online or by phone, then return the Direct Transfer Authorization form that links the account to an external bank account.

Note: Canadian Tire Bank deposit products are not available to residents of Quebec.