e-Savings Account
Available through Peoples Trust or Peoples Bank
Why open an e-Savings Account
This non-registered account is perfect for maximum flexibility. Invest your money, watch it grow and withdraw it at any time.
What you get
- Great rate with interest calculated daily and paid monthly
- No monthly fees or minimum deposit
- Ability to withdraw your funds at any time with no penalty
Current e-Savings
Account Rate
1.20%1
Additional Information
- Eligible for deposit insurance offered by Canada Deposit Insurance Corporation (CDIC).2
- View your transactions online with convenient access to online banking.
- Easily transfer funds between linked accounts at other financial institutions.
How to open an account
For existing customers
You can use online banking to open your account.
For new customers
Start your online application here
Learn more
Account FAQs
Account Fees
Account Form
Account Terms & Conditions
Peoples Bank: Information Summary Box
Peoples Trust: Information Summary Box
Take a look at other products
Tax-free Savings Accounts (TFSAs)
Grow your savings faster with tax-free growth.
GICs
Lock in a great rate for the full term of your investment.
1 Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.
2 Peoples Trust is a trade name of Peoples Trust Company and Peoples Bank is a trade name of Peoples Bank of Canada. Peoples Trust Company and Peoples Bank of Canada are each members of the Canada Deposit Insurance Corporation (CDIC). Eligible deposits held in each entity are protected separately for up to $100,000, per insured category, per depositor. Learn more about CDIC coverage.