Jumpstart your savings by 5.00%
Enjoy flexibility and great returns on new personal deposits for a limited time. Terms and conditions apply.
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Get a no-fee account that earns interest and use auto-transfer to automatically save.
We generally recommend having an emergency savings of 3 to 6 months of your earnings.
Once you have an emergency fund, look at putting additional savings into investments so your money can earn even more.
Even when you're not using your money, most of your deposits are building a clean and fair world by financing local businesses and other change‑makers who bank with us.
Earn more, save more
No monthly fee
Earn more interest on your savings when you put them away into term deposits. You can get a low-risk return on extra cash that you were saving anyway.³
When you bank with Vancity, your deposits support a strong local economy. Rio Theatre, Vancouver's #1 independent theatre since 1938, was almost lost to redevelopment. With us and our members' commitments to values-based banking, member deposits funded the mortgage that allowed Rio to buy the theatre themselves.
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®Interac e-Transfer is a registered trade-mark of Interac Corp. Used under license.
*Everyday transactions are all of these:
Everyday Transaction fees are calculated and charged at month-end for Vancity’s chequing and savings products, with the exception of Jumpstart High Interest where the fees are incurred immediately when the transaction is made. Overdraft interest, not covered by a Creditline line of credit or a Personaline line of credit, accrues immediately and will be calculated and payable at month-end.
¹ Interest is calculated on closing daily balance in an Account and paid at month-end. The interest is an annual interest rate. Interest is earned in the currency of the account.
² Additional Vancity and third-party fees will apply for services not classified as Everyday Transactions and, in certain circumstances, include fees for: a) ATM network fees if you use any Canadian ATM that is not an Exchange® ATM or ACCULINK® ATM. b) ATM network fees if you use a US/international ATM. c) INTERAC® e-Transfers that are subject to a fee. d) Fees for additional services that you choose from Vancity.
You may also be charged third-party fees including: e) A surcharge (convenience fee, and/or a foreign exchange conversion fee) by the ATM or POS operator and all associated networks engaged for the ATM or POS Transactions. f) Merchant fees when you use your debit card to pay for purchases. g) Fees charged by your mobile phone service provider; please request details from your service provider.
For a full list of fees, see the Personal Service Charge Bulletin.
³This calculation is for illustrative purpose only and should not be relied upon as financial or other advice . This example compares a 5-year investment of $10,000 in a savings account offering 0.1% APR with a $10,000 in a 5-year term deposit offering 1.3% APR , assuming no withdrawals or new contributions. Actual interest rates and earnings may vary.