Super Saver Accounts
- This is high yield Savings Account.
- Available in both Canadian Dollars & US Dollars.
- Currently Interest is payable at the rate 0.40% per annum for CAD accounts and 0.40% per annum for USD accounts
(Latest Interest Rates).
- Interest is calculated daily on your account closing balance and paid monthly.
- Interest Rates are subject to change without notice (Latest Interest Rates).
- Debit Card, Mobile Banking and Internet Banking Facilities are available.
- A monthly account maintenance fee of CAD $12.00 / USD $12.00 shall be charged to the account. (in currency of the account)
- This monthly account maintenance fee will be waived if you maintain a daily balance of CAD $2000.00 / USD $2000.00 for the entire month in your Super Saver account. (The billing cycle for the account maintenance fee is each calendar month).
- 5 Debit transactions per month are included in the monthly administration fee.
- Additional transaction would be charged at the rate of $0.75 per debit transactions
- Safety of Deposits: SBI Canada Bank is a member of CDIC. (To find out information about deposit insurance from the Canada Deposit Insurance Corporation including what instruments and/or products are eligible for deposit insurance, visit their website https://www.cdic.ca. Information on deposit insurance is also available in the CDIC brochure entitled "Protecting Your Deposits")
For New Customers, on accounts opened online, SBI Canada Bank is offering special interest rate of +1.10% for CAD and +1.00% USD Super Saver Accounts opened until September 30, 2020 in addition to standard interest rate.
The special interest rate is applicable until March 31, 2021.
Click Here for T&Cs.