ONLINE BONUS SAVER
Saving with an extra reward from us.
ONLINE BONUS SAVER
Earn bonus interest every month you do not make a withdrawal. The account keeps your money accessible while rewarding a steady savings habit.
- Bonus interest applies in any month you make no withdrawals
- Manage the account online and on mobile
- Instant access with no fee to withdraw
- Interest is calculated daily and paid monthly
- Minimum opening deposit applies
Rates and terms can change. Review the product information before you apply.
How to applyKey product information
How it works
The Online Bonus Saver account rewards steady saving. If you make no withdrawals during a calendar month, you receive the bonus rate for that month. If you withdraw, the standard rate applies for that month instead.
You can keep access to your savings while building a balance for shorter-term goals, emergency funds, or extra breathing room.
Summary box
| Question | Answer |
|---|---|
| What is the account name? | Online Bonus Saver |
| What is the interest rate? | Variable annual interest. The bonus rate is 4.35% when you make no withdrawals in a calendar month. If you withdraw during the month, the standard rate is 1.10% for that month. Interest is calculated daily and paid monthly. |
| Can the rate change? | Yes. Rates are variable and can change in line with the account terms. |
| How is bonus interest applied? | The monthly bonus is paid when no withdrawal is made during the month. A withdrawal removes the bonus rate for that month only. |
| How do I open and manage the account? | You can apply online if you are registered for online access. Once open, the account is managed online and on mobile. |
| What else should I know? | Minimum opening deposit and eligibility rules apply. Check the product information before applying. |
How to apply
Are you eligible?
- You need to be 18 years or older
- You must be a Canadian resident for tax purposes
- You must be registered for online access to open and manage the account
- Minimum opening deposit and identity checks apply
- Read the terms before applying
If you are tax resident outside Canada, check the product terms or contact us before applying.
Customers registered for online access
If you already use online access, you can apply and manage the account online.
Log on and applyCustomer not registered for online access
If you are not registered yet, sign up first and then return to apply online.
Register for online accessTax residents outside Canada
Please review the account terms and eligibility details before proceeding.
Read product detailsAdditional information
Before applying, read the following documents. They explain the account, the rates, and how the bonus interest works.
- Product information sheet
- Account terms and conditions
- Current interest rates
- How to manage the account online
- Guide to saving with bonus interest
Rates are correct at the time of writing and may change. The bonus rate applies only in months where no withdrawal is made.
Frequently Asked Questions
How does the bonus rate work?
If you make no withdrawals in a calendar month, the bonus rate applies for that month. If you do withdraw, the lower standard rate applies for that month.
Can I access the money whenever I need it?
Yes. The account is designed for instant access, with no withdrawal fee on the account itself.
Do I need online access?
Yes. The account is managed online, so you will need to be registered for online access to open and service it.
Connect with us
Listening to what you have to say about our services matters to us.