A high\u002Dinterest savings account is a safe place to put your money, whether it be for a couple of months or a few years
are an excellent tool for that. If you’re trying to save for a short-term goal, like taking a vacation, or are looking for a safe place to store your emergency fund, then a HISA can be just what you need to maximize your savings.Sign up to receive the daily top stories from the National Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Some common conditions to look for when choosing a high-interest savings account include account minimums. For example, interest might only be calculated if your account has a minimum balance, such as $5,000.Article content There are also withdrawal conditions, where there are a limited number of free withdrawals per month. Any extra ones will lead to a charge. There are also transaction fees, which may be waived depending on your balance. Again, any conditions and fees associated with your HISA will vary from institution to institution.Canadians have a lot of high-interest savings account options to choose from. Most financial institutions offer them, but that doesn’t mean all HISAs are equal.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Best towels to order in Canada 2023: From plush to TurkishSome top contenders ranging from luxury soft to lightweight and pleasantly affordable
Read more »
Best towels to order in Canada 2023: From plush to TurkishSome top contenders ranging from luxury soft to lightweight and pleasantly affordable
Read more »
Ukrainian artist who escaped to Canada named 2023 Artist in Residence by Boating BCThe artist left Moscow in 2021 and moved to Canada because she considered the future of her young son that wouldn\u0027t be in Russia.
Read more »
Your February 2023 Horoscope Is Here | Elle CanadaWe forecast this Aquarius season's action for all 12 zodiac signs and its impact—here's your February 2023 horoscope.
Read more »
Levine: Coping with Canada — how three Afghan women greeted 2023Rokhshana, Zuhal and Tahmina are finally safe. But the sponsorship program that got them here faces tough changes in federal rules.
Read more »
Farm Credit Canada upbeat about crop outlook for 2023 | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »