Motive® Savings Account

Thrifty can be nifty

Motive® Savings Account

You're not new to saving - you're an old pro. Put your money to work with a Motive Savings account. There’s no monthly fee, regardless of your minimum balance, and you never pay for deposits or withdrawals.
Learn more


Product Information

$0 - $5,000,000 0.750%
$5,000,000.01 and over 0.500%


Monthly fee Free
Monthly withdrawals3 included Unlimited
Transfers between your Motive accounts Free
THE EXCHANGE® Network ATM withdrawal fee4 Free
Non-EXCHANGE Network ATM withdrawal fee4 $1.50
Interac® e-Transfer $1.00

1Interest will accrue on deposited funds as of the date funds are deposited. Interest is calculated on the daily closing balance at the applicable rate tier and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month. Interest rates and rate tiers are subject to change without notice. Interest is paid in the currency of the account.
2If you have more than one Motive Savings Account, where combined Motive Savings Account Balances exceed $5 million, the posted rate for $5,000,000.01 and over will apply.
3Withdrawals include online bill payments, Automated Teller Machine (ATM) withdrawals, Interac® Direct Purchase payments, Interac e-Transfers, electronic funds transfers to another financial institution, automatic payments and other electronic debits.
4ATM owner may levy a transaction maintenance fee. This fee is the responsibility of the card holder.

CDIC logo

Your deposits may be insurable by the Canada deposit Insurance Corporation

Motive Savings Account