Special Limited Time Offer

Special Limited Time Offer

Special Offer

High Interest Savings Account

Enjoy peace of mind knowing that your savings are being maximized with a FREE High Interest Savings Account. This great rate is for new money you bring to Envision Financial starting June 1, 2016—this rate can change at any time without notice, so take advantage of this limited time offer today!

 

Account Details

The current High Interest Savings Account rate is 0.60%. New money bonus interest rate is 1.40%.

  • 1 free transaction per month including:
    • In-branch withdrawals
    • In-branch transfers
    • Interac® online payments
    • Interac® direct payments
    • Pre-authorized payments
    • THE EXCHANGE® & ACCULINK® ATM withdrawals
  • eStatement or paper statement available
  • Interest is calculated daily and paid monthly
  • Plus, you can rest easy knowing that your deposits are 100% guaranteed†

Find out more about this special rate offer by clicking on the Terms & Conditions tab.

Rates

Our Current Rates

Special Offer (Rates effective 2016-06-01) Rates
High Interest Savings Account (new deposits only)* 2.00%
TFSA High Interest Savings Account ($5,000+)* 0.60%
Cashable (non-registered, RSP, TFSA, RIF, LIF) (Rates effective 2016-08-31) Rates
StepUp® 9Plus9 - first 9 months* 0.60%
StepUp® 9Plus9 - second 9 months* 2.50%
StepUp® 9Plus9 - average rate* 1.55%
1 year (redeemable after 30 days) 0.65%
18 months (redeemable after 6 months) 0.70%
StepUp® 18Plus18 - first 18 months* 0.60%
StepUp® 18Plus18 - second 18 months* 2.70%
StepUp® 18Plus18 - average rate* 1.65%

See more term deposit rates

Terms & Conditions

HISA Bonus Interest Rate

This rate bonus applies to new money only. New money is calculated by subtracting the average total balance of the membership account for the month of May 2016 from the current total balance of a membership account after the deposit transaction. If the current total balance is higher than May 2016, the amount of the deposit that is above the May 2016 average balance is considered 'new money'.

Here are some examples to help explain 'new money'

Example 1

In this example the bonus period begins June 1, 2016.

  • Average daily balance of membership on May 31, 2016 (for month of May) = $1,500
  • Balance of membership on June 15, 2016 before transaction = $1,000
  • On June 15, 2016 a deposit of $1,000 is made to the HISA. Balance of membership after the deposit is $2,000
  • Amount to receive bonus = $500 = ($2,000 current membership balance – prior month average membership balance$1,500)

Example 2

In this example the bonus period begins June 1, 2016.

  • Average daily balance of membership on May 31, 2016 (for month of May) = $1,500
  • Balance of membership on June 15, 2016 before transaction = $2,000
  • On June 15, 2016 a deposit of $1,000 is made to the HISA. Balance of membership after the deposit is $3,000
  • Amount to receive bonus = $1,000

And if algebra is your strong point,
here is the formula for your reference

New money is defined as a deposit made to a High Interest Savings account that equals:

The difference of B – A when B > A and D > C

A = The average total balance of all deposit products as of May 31, 2016
B = The actual total balance of all deposit products as of the time of transaction
C = The High Interest Savings account balance as of May 31, 2016
D = The High Interest Savings account balance as time of transaction

Other details

  • Rates are expressed on a per annum basis. Interest is calculated daily and paid monthly.
  • Rates are subject to change without notice.
  • Interest transactions will not be counted as new money.
  • Offer valid from June 1, 2016 to August 31, 2016.
  • Offer not available on business accounts.

Not a member yet? Check out these perks of banking with us!

Established & Accessible

Established & Accessible

With 24-hour online access and extended operating hours, we are B.C.'s third-largest credit union, here to serve you from a network of branch and insurance locations across the Lower Mainland.

Technology & Innovation

Technology & Innovation

Life's hectic. That's why we diligently seek opportunities to bring our members the latest banking advancements like Mobile Pay for Android™, Deposit Anywhere™, Interac e-Transfers®, Interac® Online Payment and tap card options.

 Privacy & Security

Privacy & Security

Whether you're on your mobile or at your home office, we've got you protected if you bank with Envision Financial. We offer a secure online and mobile banking experience with features like account alerts and data encryption.

 

†The Credit Union Deposit Insurance Corporation of British Columbia, a statutory corporation, fully guarantees all BC credit union deposits. Credit Union equity shares and investments such as mutual funds or RSP equity plans are not covered by deposit insurance.