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See for yourself — compare our rates with our competitors
Initial Investment
Monthly Contributions
Investment Length (years)
Rates
Amount Saved
| SCU | Competitor | Difference | |
| Interest Earned |
$0 | $0 | $0 |
| Balance at Maturity |
$0 | $0 | |
| Difference | $0 | ||
Features of our TFSA you’re sure to enjoy
Choose from a variety of investment options within your TFSA to suit your savings goals.
Use your TFSA your way
Your savings stay in your pocket
Your savings are protected
All deposits are 100% guaranteed by the Deposit Guarantee Corporation of Manitoba.**
Looking for ways to keep more money in your pocket? Whether you have a lot or a little to contribute, you can benefit from the competitive interest and tax-sheltered savings with our Tax-Free Savings Account (TFSA).
With a TFSA, you don’t pay any taxes on the interest you earn, even when you withdraw funds.
The 2024 TFSA contribution limit is $7,000.†
Haven't maximized your yearly contributions?
See how much is available to you.
Are you ready to
explore the possibilities?
**Includes all savings and chequing accounts, RRSPs, RRIFs, TFSAs, FHSAs, and GICs.
†Any over-contributions are subject to penalties and interest.
Calculator: Rates subject to change without notice. Limits may apply on deposits of more than $250,000. Interest is calculated on the minimum monthly balance on deposits made by the first day of each month, and is paid on December 31.
1Competitor rates are provided by Cannex, a third party data source that monitors current interest rates offered by Canadian financial institutions. To view competitor rates please visit: https://www.cannex.com/public/depa01e.html. Rates are current as of April 9, 2024. Competitor rates are for illustrative purposes only and do not reflect tiered pricing.
Please note: This calculator is provided for informational purposes only and does not replace financial advice from an expert. For more information on SCU products, please visit www.scu.mb.ca.
TAX-FREE SAVINGS ACCOUNT
4.05%*
At this rate, you'll get there.
