Regular Savings Account

Ideal for accumulating savings

  • Account type: savings account with no cheque-writing privileges
  • Interest rate: 0.05% to 0.10% (depending on product)
  • Fees: standard transaction fees apply (except for automatic transfers from a chequing account in the same folio)

Features

Ideal to accumulate funds through single or scheduled periodic instalments to save up for a project or be prepared for the unexpected.

You must have a Desjardins chequing account to open a Regular Savings Account.

Transactions

Deposits, withdrawals and transfers.

Interest

Interest paid monthly.

See current rates

Monthly fees

Service charges apply, except for automatic transfers from a chequing account in the same folio.

Account statement

Monthly statement of account included in the chequing account statement you receive by mail or online.

Find out more about account statements.

Deposit insurance

Find out more about deposit insurance (FAQ).

Eligible for these plans

  • Registered plans: RRSP, FTA, LIRA, locked-in RRSP, RRIF, LIF and RDSP.
  • Non-registered plans.

Other

See current rates