Products

Guaranteed Investment Certificate (GICs)

We offer investment options to complement your financial portfolio.

• Minimum deposit of $500.00.
• One to five year terms.
• Interest compounded or paid annually to your MAXA High Interest Savings Account.
• Account information available online or by phone.
• All GICs are non-redeemable prior to maturity.

At maturity, MAXA GICs automatically roll into your MAXA High Interest Savings account. To purchase your new GIC investment, please contact our MAXA Financial support team.

Terms & Conditions of Investments

TFSA Savings

Put your money to work and keep 100 per cent of what you earn with a TFSA.

• No minimum deposit required.
• No monthly maintenance fee.
• One free withdrawal per month. After that there will be a $3 fee per withdrawal.
• Interest calculated on daily closing balance and paid monthly.
• Account information available online or by phone.
• Contributions can be easily transferred from your MAXA High Interest Savings account online or by phone.
• You can set up recurring transfers from your MAXA High Interest Savings account online or by phone.

TFSA GICs

Whether you have short or long-term goals, this investment option offers flexibility and control.

• Minimum deposit of $500.00.
• One to five year terms.
• Interest compounded or paid annually to your TFSA Savings account.
• Account information available online or by phone.
• All GICs are non-redeemable prior to maturity.

At maturity, TFSA terms will automatically roll into your TFSA savings account. To purchase your new registered TFSA investment, please contact our MAXA Financial support team.

Terms & Conditions of Investments

RRSP Savings

Our RRSP account provides a convenient way to make regular contributions towards your retirement goal.

• No minimum deposit required.
• No monthly maintenance fee.
• Interest calculated on daily closing balance and paid monthly.
• Account information available online or by phone.
• Contributions can be easily transferred from your MAXA High Interest Savings account online or by phone.
• You can set up recurring transfers from your MAXA High Interest Savings account online or by phone.

RRSP GICs

Set yourself up for success with an RRSP and defer taxes on income earned off the investment.

• Minimum deposit of $500.00.
• One to five year terms.
• Interest compounded or paid annually to your MAXA RRSP Savings Account.
• Account information available online or by phone.
• All GICs are non-redeemable prior to maturity.

At maturity, RRSP terms will automatically roll into your RRSP Savings Account. To purchase your new registered RRSP investment, please contact our MAXA Financial support team.

Terms & Conditions of Investments

RRIF Accounts

If you’ve been saving your money in RRSPs, pension funds or other registered plans you are required to convert those registered savings by the end of the year you turn 71.

You must receive the basic minimum each year and you will have the opportunity to amend your payment stream.  Additionally, you may request lump sum withdrawals from your RRIF savings.

Note: More than one change per year and additional lump sum withdrawals may result in service fees.

RRIF Savings

Our RRIF savings account offers you a convenient way to transfer your registered savings to RRIFs at any time.

• No minimum balance required.
• No monthly maintenance fee.
• Interest calculated on daily closing balance and paid monthly.
• Account information available online or by phone.

RRIF GICs

Our GICs offer substantially better rates than comparable RRIF GICs elsewhere.

• A minimum deposit of $500.00.
• One to five year terms.
• Interest compounded or paid annually to your RRIF Savings Account.
• Account information available online or by phone.
• All GICs are non-redeemable prior to maturity.

Terms & Conditions of Investments

Note: At maturity, RRIF terms will automatically roll into your RRIF Savings account. For assistance to purchase your new registered GIC investment, please contact our MAXA Financial support team.