Oaken Financial Savings Rate

While other financial institutions (CIBC, Tangerine) are offering limited time offer bonus interest on savings accounts, Oaken Financial has a high rate all year around - 1.75%. Plus they know about the proven effective use of squirrels in marketing - see below.

Other institutions offer just over 2%: Best Canadian Savings and TFSA Rates

Oaken Financial offers no monthly fees, no minimum balances, and no limit to the number of transactions.  You can transfer money from your account to an Oaken GIC and access your money whenever you need it.  Use Oaken Financial Online Banking to check your balances and manage your account.

Oaken Financial is member of CDIC (Canada Deposit Insurance Corporation) so your Oaken savings or GICs are eligible for $100,000 coverage per account registration type.