I was just visiting the Scotiabank site to see what its TFSA plans were like. First thing that I noticed is that this bank seems to be going all out in trying to educate people about a tax free savings account as they have a full fledged flash presentation and tutorial about it at http://scotiabank.com/tfsa/scotia_TFSA_base.html.

As well, they have a load of resources such as a savings calculator tool as well as articles to further educate you the difference between a tax free savings account and others such as a registered retirement savings plan. You can find the links at the main page at http://www.scotiabank.com/cda/content/0,,CID12354_LIDen,00.html.

Unfortunately, similar to most of the bank sites I wasn’t able to immediately find what the interest rate is going to be as most people are more interested in trying to sign as many people up as possible before the launch. They seem to be working the hardest though I must say.