Boost your savings with a 2 .75% interest rate on a 1-year TFSA 1

Flick the switch and boost your savings.

Get a great rate and the flexibility to convert
Get a great rate and the flexibility to convert
You’ll get a great rate and the flexibility to switch to a different product at any time. That means at any point throughout your the 1-year term, you can move your money into another product.
Maximize your TFSA contribution room
Maximize your TFSA contribution room
With a TFSA you won’t get taxed on the interest made on your investment, even when it’s withdrawn. For 2019, the maximum amount you can contribute is $6,000. The cumulative total is $63,500.
New contributions only
New contributions only
You can transfer funds in from another financial institution or transfer new funds into a TFSA account from an existing chequing or savings account.
Coast Online and Mobile Banking.
Coast Online and Mobile Banking.

Conveniently access your account balance and statements through our online and mobile platforms. Avoid the line-up and self serve by opening new accounts and products through digital banking.

Watch your money grow.

 
Contribution Amount
Exclusive TFSA  balance at maturity2
Taxable term balance at maturity3
$500
$514
$507
$1,000
$1,028
$1,014
$2,500
$2,569
$2,534
$4,000
$4,110
$4,054
$6,000
$6,165
$6,081

TFSA FAQ

Am I eligible for this exclusive rate?

Yes, this offer is available to new and existing members. If you’re an existing member, book an appointment or go to your nearest branch to take advantage of this limited time offer. If you’re a new member, the same instructions apply but you’re also eligible for the $500 bonus.


How much can I contribute to my TFSA in a year?
Years TFSA Annual Limit Cumulative Total

2009-2012

$5,000

$20,000

2013

$5,500

$25,500

2014

$5,500

$31,000

2015

$10,000

$41,000

2016

$5,500

$46,500

2017

$5,500

$52,000

2018

$5,500

$57,500

2019

$6,000

$63,500


What does a convertible TFSA mean?

Convertible term deposit means that you’ll get a great rate and the flexibility to switch to a different term deposit at any time. Double win.

Take advantage of this limited time offer.
Get started today.
  1. The Coast Capital Savings Federal Credit Union (the “Credit Union”) 2.75% 1-year convertible tax-free savings account (TFSA) Term Offer (the “Term Offer”) is available between September 3, 2019 and October 6, 2019; or when limit set by the Credit Union is reached. Rate holds are not eligible for the Term Offer. The Term Offer is only applicable to new contributions to TFSA with a minimum investment of $500. Interest options available: compound annually, pay monthly, or pay to demand account selected by member. New contributions are defined as, (1) funds transferred in from another financial institution; (2) any new contributions into a TFSA account from an existing chequing or savings account; (3) new contributions into an existing TFSA account, promotional rate is valid on new contributions only. Annual contribution limits based on legislation current as of January 1, 2019, subject to potential future change. Individuals are responsible for understanding their own CRA contribution limits. 
    The Credit Union reserves the right to terminate the Offer at any time.
  2. Based on exclusive TFSA offer terms of 1-year at 2.75%.
  3. Based on 1-Year Better Than Cash® Term Deposit at 1.35%.