Tax-Free Savings Accounts
Exciting times are here for Savers! With Tax-Free Savings Accounts you get all the benefits you've come to expect from ING DIRECT like high interest, no fees, and no minimum balances. And now you can earn interest Tax-Free!
Tax-Free Investment Savings Account (TFSA)
The product that started the revolution is now even better. Save your money and earn tax-free interest considerably higher than the average of the big banks. With no minimum balances, no service charges, and now with high tax-free interest, all the money you put into your Tax-Free Investment Savings Account will grow like never before. Yet it's still there, when you need it.
2014 TFSA Kick Start Account
Starting on January 1, 2013, the amount Canadians can save tax-free increases by $5,500 each year. This means that in addition to the $5,500 you were entitled to save tax-free in 2013, another $5,500 in tax-free savings will be available January 1, 2014. But now you don't have to wait until 2014 to begin getting the benefits of saving more, tax-free. We created the 2014 TFSA Kick Start Account so you can start your 2014 contribution today!
Tax-Free Guaranteed Investment (GIC) up to
Guaranteed safe, secure and tax-free! Our Tax-Free GIC has one of the best rates going, no fees or service charges, and no minimum balances. Watch your money grow tax-free, guaranteed.
Tax-Free Mutual Fund Account
Diversify and lower your costs when you invest in The Streetwise Portfolios®. A Tax-Free Mutual Fund Account is a great way to grow your investment faster; no taxes to pay means more of your money stays invested and keeps working for you – not the tax man. Starting on January 1, 2013, you can invest up to $5,500 per year, and you won't pay any tax on the earnings. Up to $5,000 of unused contributions per year can be carried over from 2009-2012.
Savings Account and GIC rates are annualized and are current as of today's date and are subject to change without notice. Interest is calculated daily and paid monthly in the case of our Savings Accounts; and is calculated daily and paid at maturity on a GIC. Rates, like the weather are subject to change.