Updated: April 3, 2014 at 4:39 AM

Canadian Tire TSFA Account

 Although the interest rate is not as high as People's Trust, they more efficient than People's Trust. You can transfer money in and out immediately without needing to call a support line.


Verdict: Recommended for efficiency

Categories: TSFA Account


Updated: March 26, 2014 at 5:37 PM

People's Trust

Offers the highest TSFA interest rate. However, to transfer money out from the TSFA account, you must call them during business hours, Vancouver time,


Verdict: Recommended

Categories: TSFA Account


Updated: April 3, 2014 at 9:51 PM

ING Direct TSFA account

Decades ago, ING Direct use to provide the highest interest rate for all accounts. Now, given so much competition, there are much better interest rates elsewhere. 

ING Direct account transaction is also not as efficient as other businesses. You cannot make transfer of less than a dollar. If you request to make a transfer immediately, it will occur the day after. If you transfer money in, it will be on hold for 5 business days, even if you are transferring from your own authorized bank account.

Verdict: Not Recommended

Categories: TSFA Account