0.05% Bank of Montreal
Interest
  • Calculated on minimum monthly balance
  • Paid monthly
Insurance
CDIC insured
Transaction fees1
Included transactions: Unlimited transactions, plan restrictions apply with regards to when and how much one can contribute
Item Fee
Transactions $0.00
Internal transfers $0.00
E-transfer2 $0.00
External ATM2 $0.00
1 extra charges may apply for teller-assisted transactions
2 plus transaction fee
Monthly fee
$0.00
Notes
  • Must be age of majority (by province) to open a TFSA
  • Interest is not taxable
  • Registered plan fees may apply when transferring to another FI
  • depending on plan type
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