High Interest eSavings Account

2.65% AER · fixed rate

Min. Deposit: No minimum
Term: 1 year
Protection: CDIC coverage

What $25,000 Earns You

At 2.65% AER over 1 year. Take the interest once a year, or leave it in to compound.

You Deposit	$25,000
Paid Once a Year	$663
Total Interest	$663
Balance at the End	$25,663

Each $663 interest payment is paid to you directly, and $663 is what they add up to over the term. The figure at the end is your initial investment of $25,000 paid back plus your final interest payment.

You Deposit	$25,000
Total Interest	$663
Balance at the End	$25,663

No interest is paid out to you during the investment period, so your final return will include your initial investment of $25,000 plus $663 interest.

Where You Stand

CDIC coverage

Covered up to Up to $100,000 per person if Alterna Bank fails.

Product Details

Type: Savings
Term: 1 year
How Interest Is Paid: Once a year Left to compound
Min. Deposit: No minimum
Protection: CDIC coverage
Coverage: Up to $100,000
Region: Canada

Eligibility & Details

Online bank.
CDIC member.
Verify current posted rate.

Compare Canada is a comparison site, not a financial adviser. Figures use a $25,000 example at 2.65% over 1 year, compounded annually where shown. Confirm all terms with Alterna Bank before you commit.