TFSA GIC

Maximize your TFSA with the highest interest rates available at Achieva, tax-free.

Tax Free Savings Account (TFSA)

Ideal for your longer-term savings goals or as a complement to your RRSP, Achieva’s TFSA GICs offer the high interest and advantages of our Non-Registered GICs, plus the benefit of tax-free returns. Terms of 1 to 5 years are available, allowing you to choose a term that suits your needs.

How much can you contribute?
2023
$6,500
2022
$6,000

Previous annual limits were: $6,000 in 2021, 2020 and 2019, $5,500 in 2018, 2017 and 2016, $10,000 in 2015, $5,500 in 2014 and 2013 and $5,000 between 2012 and 2009.

Deposit Guarantee

All deposits guaranteed without limit by the Deposit Guarantee Corporation of Manitoba.

Key Benefits

When your GIC matures, Achieva offers you the flexibility to reinvest your funds in a new TFSA GIC, or have them deposited to a TFSA Savings Account.
GIC/RRSP/RRIF/TFSA
*min deposit $1000
Term
Interest rate
1 Year
Effective
December 1, 2022
4.70
%
2 Year
Effective
December 1, 2022
4.75
%
3 year
Effective
December 1, 2022
4.80
%
4 year
Effective
December 1, 2022
4.90
%
5 year
Effective
December 1, 2022
5.00
%

GIC interest rates quoted are per annum, with interest calculated and paid on each 12 month anniversary date, and at maturity. Term rates are guaranteed for their specific duration and are not redeemable prior to maturity.