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Great rates on registered savings too!
Open your first high interest savings account by July 31 to earn 2.25% for 90 days. Posted rate resumes after promo period.
Open your first TFSA savings account by July 31 to earn 2.35% for 90 days. Posted rate resumes after promo period.
Open your first RRSP savings account by July 31 to earn 2.25% for 90 days. Posted rate resumes after promo period.
Yes, we stand out in a crowd. Earn 2.35% interest for 90 days on your first motusbank TFSA high interest savings account. A great way to save for your short or long-term goals.
*For a limited time only, motusbank is offering to pay Eligible Members who decide to open a new motusbank Savings Account on the Eligible Deposited funds held in such an account Bonus Interest during the Promotional Period, at the Bonus Interest Rate (the “Offer”). An Eligible Member is: (a) an individual human person who is a member in good standing with motusbank as of the start date of the Offer Period, (b) a Member who does not currently hold and has not previously held a High Interest Savings Account in non-registered or registered plan types (Tax Free Savings Account (TFSA) or Registered Savings Retirement Plan (RRSP)) within the six (6) months immediately prior to the start date of the Offer Period, and (c) a Member who elects to open an Eligible Account at motusbank prior to the expiry of the Offer Period, in his or her name, or in the name of multiple individuals, as long as the Eligible Member is named as the Primary Accountholder of the account (the person named first on the account of records of motusbank). An Eligible Account is an account that is one of the following types of motusbank Savings Accounts: non-registered or TFSA or RRSP and must be used for non-business purposes exclusively. The Offer period commences at 9:00 AM on June 18, 2021 and ends at 5:00 PM on July 31, 2021. The Promotional Period commences at 12:01 AM on the day the Eligible Account is opened and ends at 12:00 midnight of the 90th day following the day the Eligible Account was opened. The Offer is available to Eligible Members on the Eligible Deposited Funds made into the Eligible Account during the Promotion Period to a maximum Eligible Account balance of $250,000 per Eligible Member (“Eligible Deposited Funds Maximum”). "Bonus Interest" is additional interest at the “Bonus Rate”. As of June 18, 2021, the Bonus Interest is 1.25% per annum, calculated daily and credited to the Eligible Account monthly. Bonus Interest will be added to the interest earned on Eligible Deposited Funds in the Eligible Account, at motusbank’s Savings Account posted rate of interest as shown on motusbank’s website (the "Posted Rate") (“Regular Interest”). For example, as of June 18, 2021, the combined rate of interest would be 2.25% per annum for Eligible Deposited Funds (Posted Rate of 1.00% + Bonus Interest Rate of 1.25%). Eligible Members receive Bonus Interest on deposits to the Eligible Account during the Promotion Period. Subject to the limits and qualifications outlined in these Terms and Conditions, Regular Interest and Bonus Interest are calculated on the closing daily balance of Eligible Deposited Funds and are credited monthly during the Promotion Period to the Eligible Account. Any change to the Posted Rate will result in a corresponding change to the combined rate of interest for Eligible Deposited Funds. The Bonus Interest Rate and the Posted Rate may change at any time without prior notice. After the Promotion Period ends, all funds deposited to the Eligible Account will earn interest at the Posted Rate.
For all terms and conditions, please review motusbank Savings Account Interest Offer Terms and Conditions
**Competitive rates shown are for comparable offerings posted on respective websites as of June 16, 2021.