Rates^1,2

*Special offer available until January 31, 2025 for eligible new clients. Terms and conditions apply. See full terms and conditions below.

Effective date: 01-Nov-2024

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.

Note: This account type does not provide automatic monthly e-statements. For assistance in arranging this feature, please contact one of our agents at 1-877-441-2249.

Special Offer Terms and Conditions*

The following terms and conditions explain in detail how Eligible Clients (as defined below) can earn a special annual interest rate of 5.35% per annum when they open a new Motive Financial Savvy Savings Account (the “Savvy Savings New Client Promotional Offer”).

1. Offer Period
This Savvy Savings New Client Promotional Offer begins on December 1, 2024, and ends on January 31, 2025 (the “Offer Period”).

2. Eligibility
To be eligible for this Savvy Savings New Client Promotional Offer (an “Eligible Client”), you must:
• be a new Motive client after November 30, 2024;
• not have been a client of Motive Financial during the six month period preceding the start date of the Offer Period; and
• open an eligible Motive Savvy Savings account during the Offer Period as the primary accountholder.
If you are an Eligible Client , then your eligible Savvy Savings Accounts will be automatically enrolled in the Savvy Savings New Client Promotional Offer and you will earn the promotional interest bonus from the date your Savvy Savings Account is opened for a period of 120 days after the account is opened, subject the restrictions outlined in Section 4 below. Eligible Clients may only receive the Promotional Interest rate on one Eligible Savvy Savings Account during the Offer Period.

3. How Interest is Calculated and Paid
The special annual interest rate of 5.35% is a combination of the regular posted annual interest rate set by Motive Financial payable on a Savvy Savings Account (“Regular Interest”), plus the promotional bonus annual interest rate (“Promotional Interest”) of 2.15%.

Regular 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. Promotional Interest is calculated on the daily closing balance and paid as a separate transaction 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.

Regular Interest rates may change at any time without prior notice. Regular Interest is posted on the Motive Financial website.

4. Restrictions and Additional Terms and Conditions
Additional terms, conditions, and limitations apply to the opening of and making deposits into Eligible Savvy Savings Accounts.

The Savvy Savings New Client Promotional Offer is available for deposits up to an aggregate maximum of $5,000,000 per client, which is subject to change without notice. For deposits greater than $5,000,000, Regular Interest will be earned at the posted rate for the $5,000,000.01 and over tier as posted on MotiveFinacial.com. Please contact customer service at 1-877-441-2249 to discuss other investment opportunities available.

At the end of the Savvy Savings New Client Promotional Offer all balances in an eligible Savvy Savings Account will earn Regular Interest only.

The Savvy Savings New Client Promotional Offer is non-transferable, cannot be combined with any other promotional savings offers unless otherwise indicated and is not available for Quebec residents. Promotional Interest cannot be substituted or transferred to a third party. Motive Financial reserves the right to cancel or change the terms of the Savvy Savings New Client Promotional Offer at any time, for any reason, without notice and revoke the Savvy Savings New Client Promotional Offer for any customer who appears to be manipulating or abusing the Savvy Savings New Client Promotional Offer or is engaged in any suspicious/fraudulent activity. The terms and conditions of the Motive Financial Banking Account Agreement will apply to all Motive Savvy Savings Accounts that are eligible for the Savvy Savings New Client Promotional Offer.

Motive Financial is a trade name of Canadian Western Bank, which is a member of CDIC. Deposits made under Motive Financial and Canadian Western Bank are aggregately eligible for CDIC protection up to $100,000 per category, per depositor.