Savings Accounts

Choosing the right savings account for your needs

Table of Contents

Introduction

What is a savings account?

What is the difference between a savings account and a chequing account?

How interest is calculated:

• Calculation method C1
  
  
• Calculation method C2
  
  
• Calculation method C1/C2
  

How your savings are protected

The benefits of a savings account

Things to keep in mind about savings accounts

Choosing the right savings account

Other options to consider

Interactive tools related to savings accounts:

Cost of Banking Guide

Related publications:

Opening a Personal Bank Account