What are High Interest Savings Accounts?
A High Interest Savings Account is a way for you to earn interest on your money, and maintaining maximum flexibility while knowing your deposits and interest are 100% guaranteed. With a High Interest Savings Account, your money is always available to you.
Why Outlook High Interest Savings Accounts?
Although Outlook accounts are designed for saving, you can combine the exceptional interest rates of our High-Interest Savings Account with the flexibility of cheque writing, debit-card payments and electronic bill payment.
You also get interest that’s calculated daily and paid monthly back into your savings account.
Use your savings account to build the $1,000 required for each new GIC. No maintenance fees, and no minimum balance.
Enjoy easy access to your money by cheque, with your Outlook debit card or by Interac e-Transfer.
Outlook accounts are meant for saving, not day-to-day transactions. You get one free debit per month. Further debits are $1.00 each and your first set of 25 cheques is free.
How to set up a High Interest Savings Account
Applying to Outlook is fast, simple and secure. Depending on the options you choose, your application should take about 5-10 minutes to complete. Your account will be open within 2 business days after we receive your application. Once completed, you will receive an email notification welcoming you to Outlook Financial and giving you all the information you need to manage your accounts.