Premium Yield Account

A great way to save! Designed as a Canada Savings Bond alternative, this convenient plan can be purchased through direct deposit, automatic transfers or preauthorized debits.


  • Save money with NO FEES
  • Available anytime during the year
  • Withdrawal flexibility - funds available at anytime
  • ONE withdrawal permitted without collapsing plan


  • Rate of return guaranteed to be at least 1/4 of 1 percent higher than Canada Savings Bond
  • Compounded monthly interest 
  • Matures November 01 every year
  • Rate of return subject to change November 01
  • Convenient direct deposit, automatic transfers or preauthorized debits.


Payment Frequency

Savings Goal*





12 monthly




24 bi-monthly




26 bi-weekly




All funds deposited, and interest earned, is paid at maturity.

*numbers are rounded


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