Compare the Best Oaken Financial Youth Savings Accounts in Canada 2021
Looking for a cost effective way to teach your child about the importance of saving? Youth savings accounts are accounts that are generally restricted to Canadian residents under the age of 18, accompanied by very few, if any fees. Among the benefits of having a youth savings account are a high (if not unlimited) number of included transactions per month, and no minimum balance. Input the estimated balance of the account, then compare and find the best rate available.
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Oaken Financial is a rising direct-to-consumer deposit business in Canada. As a part of the nation's largest independent trust company, Home Trust, Oaken Financial offers some competitive savings and GIC rates. Currently, Oaken Financial offers online banking and has branches in Toronto, Vancouver, Calgary, and Halifax.
Oaken Financial Oaken Savings Account
Oaken Financial’s only savings account option is called the Oaken Savings Account. With a very competitive daily savings rate, the Oaken Savings Account makes transferring and withdrawing easy without charging any transaction fees. In addition, Oaken Financial doesn’t charge monthly fees, nor does it require a minimum balance. The Oaken Savings Account can be used for both personal and commercial needs.
Compare other Oaken Financial products
In addition to savings accounts, you can also get an Oaken Financial GIC,
which pays one of the highest interest rates in Canada.
Get the best savings account
With unlimited free withdrawals and transfers, Oaken Financial’s Oaken Savings Account is one of the most competitive amongst other banks. However, there still may be other savings accounts that are better tailored to your needs. You can compare Oaken Financial’s rates to those offered by other banks by using our savings account comparison tool.