There are no dumb questions

But let’s face it, figuring out which investment or savings option is right for you can be tricky—especially when it comes to sorting out two very popular choices: Tax Free Savings Accounts (TFSAs) and Registered Retirement Savings Plans (RRSPs.

Why a Tax Free Savings Account?

A TFSA can help you save for any purpose because there are no restrictions on how you use the funds and you can withdraw them at any time. Plus any returns on your investments are tax-free.

Learn more about TFSAs and how much you can contribute here.  

Why invest in an RRSP?

  • Your contributions are tax deductible, investments grow tax-free, and could provide you with a tax refund
  • Earnings on RRSP investments aren't taxed until withdrawn

Learn more about RRSPs here.  

Need a little extra for your contribution?

For a limited time we are offering 0% RRSP loans, no payments and no interest for 60 days on up to $50,000.

Maximize your contribution and your tax refund with our 0% RRSP loan.

Learn more about RRSP loans here.

Contact an Interior Savings Financial Expert to apply today

 Get 3.15%* in our Featured 3 year escalator term

The Escalator Term Deposit offers interest rates that increase at each anniversary date over the length of the term. Plus it’s available in both RRSP or TFSA plans.

*Rate in 3rd year of 3 year escalator term.

View full term offer details here.

Contact an Interior Savings Financial Expert today


To find out which tax saving option is best for you try out our TFSA vs RRSP selector tool. If you have any questions be sure to contact our Member Service Centre at 1-855-220-2580.

We're ready to help

To learn more about the benefits of RRSPs and TFSAs talk to an Interior Savings financial expert today!

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