Saven High Interest Savings
An Ontario-based credit union division offering highly competitive rates.
Current Interest Rate
2.85%
Calculate Your Returns with Saven Financial
$
Total Interest Earned
$288.75
Based on 2.85% interest rate over 12 months
Key Account Facts
Monthly Fees
$0
Min Deposit
$0
Transactions
Unlimited
Transfer Time
1-2 Days
The Good
- Often the highest rate in Ontario
- No fees
- Simple product structure
The Bad
- Ontario residents only
- Not CDIC insured (DICO insured instead)
- Mobile app focus
Frequently Asked Questions
Can anyone anywhere join?
No, Saven Financial is only available to residents of Ontario.
Is DICO the same as CDIC?
Similar. DICO insures deposits in Ontario credit unions up to $250,000.