No, funds are not locked in. And there are no monthly fees for the Jumpstart HISA account. Please see our Service Charge Bulletin for full details.
Special offers to grow your savings
Jumpstart your savings by 4.85%1
Get flexibility, great returns, and support your local community with a promotional rate on select Jumpstart™ High Interest Savings account options until July 31, 2025. Eligible with new deposits only.2
What’s one of the best ways to make the most of your savings? Well, when you’re talking about short and medium-term savings, it’s all about allocating your money into different products to get a good return while still having flexibility. How? Just follow these two steps.
1
High interest savings.
Jumpstart™ High Interest Savings Promotion²
Earn 4.85%¹
- No monthly fee or minimum balance
- Free online bill payments
- For new personal deposits only
- Limited time rate, earn this rate until July 31, 2025. After that, it will revert to the regular Jumpstart rate.4
- Already a member? If you already have a Jumpstart account, you'll need to book an appointment and open a new account to get this offer.
TFSA, RRSP, RRIF High Interest Savings Promotion²
Earn 4.85%¹
- No monthly fee or minimum balance
- Defer your taxes in an RRSP or RRIF3
- For new personal deposits only
- Limited time rate, earn this rate until July 31, 2025. After that, the regular registered Jumpstart rate will apply.4
- Already a member? If you already have a Jumpstart account, you'll need to book an appointment and open a new account to get this offer.
2
Don’t let your medium-term savings collect dust.
Saving up for a trip that’s months away or have a large emergency fund? Put some of that in a term deposit, also known as a guaranteed investment certificate (GIC). That way, you can securely earn more with term deposits, while still having access to the money in your savings account. It’s a win, win!
Not convinced yet? More reasons why a GIC might work for you:
- Earn up to 2.80% on 2-year non-redeemable term deposits. Terms and conditions apply.
- Guaranteed returns when you invest a whole term
- Unlike investing in the stock market, your principal is guaranteed
- Your deposits stay in the local economy
Get more as a member.
As a Vancity member, you'll also get great things like:
- $0 monthly fee accounts.¤
Start banking on your values with $0 monthly fee options on our accounts. View accounts - Member perks
Discounts from our members and community partners. Learn More - A community built by you
Your deposit will earn competitive returns for you while supporting people and businesses in our communities who are making a positive change. - A vote equal to everyone else's
One member, one vote. Our credit union is guided by the people who own it, our members.
FAQs.
Are the funds locked in? Are there any fees?
When are returns paid out?
Returns are paid out at the end of each month.
What account types are available for a promotional Jumpstart HISA?
You can open a Jumpstart HISA as either a non-registered account or a registered account, such as a TFSA, RRSP or RRIF.
How much can I contribute to my registered Jumpstart HISA?
You can contribute any amount up to your available TFSA, RRSP or RRIF contribution room. Keep an eye out for annual contribution deadlines, too.
Can I transfer my registered savings from another financial institution?
Absolutely! The transferred registered savings will qualify as a new deposit eligible for the promotional interest rate.
Are there tax implications for transferring from a registered account to a registered Jumpstart HISA?
No. As long as you’re moving TFSA to TFSA, RRSP to RRSP, or RRIF to RRIF—there are no associated tax implications.
What deposits are eligible for this promotion?
To be eligible for this promotion, funds must be 'new' to Vancity, originating from sources other than an account or investment with Vancity, including accounts or investments with Vancouver City Savings Credit Union or accounts with Aviso Wealth or any of Vancity’s subsidiaries including Vancity Community Investment Bank and Vancity Investment Management Ltd.
What happens after Thursday, July 31, 2025?
At the end of the promotional period, all balances will earn interest at the regular posted rate.
Legal
Jumpstart™ is a trademark of Vancouver City Savings Credit Union.
¹ Interest is calculated on closing daily balance in an Account and paid at month-end. The interest is an annual interest rate. Interest is earned in the currency of the account. Promotional interest rate will not be earned on pre-existing Vancity accounts. Terms and Conditions and transaction service limitations may apply. Refer to Terms and Conditions for details.
² Please refer to Terms and Conditions for eligible new deposit definitions. New deposits are funds that originate from sources other than accounts or investments with Vancouver City Savings Credit Union or accounts with Aviso Wealth. Vancity maintains the right to modify, shorten, extend, suspend or withdraw this promotional offer at any time without prior notice.
³ Members are responsible for their CRA contribution limits for registered plans and knowing what those limits are. Vancity is not responsible for any loss or damage from over contributions.
⁴ Promotional interest rate can be earned on new deposits until July 31, 2025. Starting August 1, the Promotional Jumpstart High Interest Savings Account will be automatically converted into a standard Jumpstart High Interest Savings account and will revert to the current applicable Jumpstart rate.
¤ You must retain a minimum of $6,000.00 in your Vancity Total Chequing Account at all times for the full calendar month.
¤ You must retain a minimum of $3,000.00 in your Vancity Essential Plus Account at all times for the full calendar month.