TFSA Park It Savings Account
The TFSA Park It Savings Account
Our TFSA Park It Savings Account lets you invest today to earn more tomorrow. With our awesome rate, you can earn more interest on your savings and truly maximize your 2019 TFSA contribution. It's like valet service for your savings!
- Earn 3% interest from November 19, 2018 through December 31, 2018*
- Funds automatically roll into your TFSA on Jan. 1, 2019
- No minimum balance required
- Deposits to this account are eligible for DUCA's Profit Sharing Program
Call 1.866.900.3822 or contact your local DUCA branch and start earning more today!
* Maximum contribution to a TFSA Park It Savings Account is $6,000.
This account in itself is not tax-free but acts to hold 2019 TFSA contributions. Interest earned in this account is taxable. Holdings in this account will be transferred into a High Interest Tax Free Savings Account on January 1, 2019. In order for this transfer to take place, a Tax Free Savings Account must be opened at time of deposit. Interest is based on deposits of up to $6,000 from time of deposit through December 31, 2018. Rate subject to change without notice.
Visit the CRA website for more information about TFSA contributions.