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Royal Bank of Canada TFSA
At the Royal Bank page located at http://www.rbcroyalbank.com/services/taxfreesavingsaccount/tax-free-savings-account.html they have just general information about its tax free savings account. One interesting piece of information on the page is that this is the first bank that I have seen where it looks like they encourage people to have both an RRSP account and a TFSA. Example,…
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President’s Choice Financial Tax Free Interest Plus
The next bank I looked at today was PC Financial. I know that they are usually a popular bank for a lot of people due to its no fee bank account options. For TFSA plans, they have one that is being called the “Tax-Free Interest Plus” plan where you can read about at http://www.banking.pcfinancial.ca/a/products/taxfreeInvestmentOptions/tfsa.page .…
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CIBC Tax Advantage Savings Account
I visited the CIBC page today and apparently its TSFA account is being dubbed as a “Tax Advantage Savings Account” and you can read more about it at http://www.cibc.com/ca/investing/tfsa/tax-advantage-savings-acct.html. As you can see on the page, it does indicate that you must invest at least $25 into the account. What caught my attention though is…
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Looking At The Fees To Maintain A TFSA Account
While looking at some of the banking sites today I realized that some banks appear to have fees associated with the account. Depending on who you open up the account with, there could be things such as a withdrawal fee. For example, I noticed with TD Canada allows one withdrawal from your account and then…
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HSBC One Percent Interest Bonus
I was reading over the HSBC site and was reading how they are offering a 1% interest bonus on new deposits until March 16, 2009. You can read about it too at https://www.hsbc.ca/1/2/en/personal/chequing-savings/savings-accounts . That offer should be valid for the upcoming TFSA accounts too as I read the line on the page stating “With…
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Bank of Montreal TFSA Contest
Still working on the site, but while compiling information I’ve noticed that quite a few banking firms are holding contests and incentives for people to open a new tax free savings account with them. The first one I am posting up today is from the Bank of Montreal site. From what I read at their…
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Setting Up The New Site
Hi everyone, Thank you for stopping by. As of now I am still setting up taxfreesavingsaccountplan.com and hope to make it a resourceful site for everyone who is interested in a TFSA plan in 2009 in an effort to make and save more of our hard earned dollars. So sit back and relax and feel…