This account calculates interest based on the tier to which the entire daily closing balance corresponds. The interest calculates daily and is paid at month end. Interest rates and balance tiers are subject to change at any time without advance notice. Refer to envisionfinancial.ca/tools-calculators/rates for our current rates.
For illustrative purposes only:
| Tier 1 | $0 - $4,999 | 1.50% |
| Tier 2 | $5,000 | 1.60% |
Daily Closing Balance = $5,100
This account will calculate interest based on an interest rate of 1.60% on the entire $5,100 closing balance.
