Move your projects forward
Contribute online by March 3, 2025, and double your chances of winning $5,000
Are you already a National Bank client and have access to your online bank? Sign in and start investing today.
Complete our secure online form to contribute to your TFSA.
Are you a self-directed investor? Complete our secure online form and contribute to your TFSA via your brokerage account.
Our team is always available to find the right solution for all your needs.
A TFSA is a government-registered account that allows you to grow your savings tax-free, whatever your annual income. You pay no tax on interest, income, or withdrawals.
Save effortlessly with systematic savings. Your payments are automatically deposited into your TFSA. You can also access your online bank and contribute directly to an existing TFSA.
The age of majority, either 18 or 19, depending on the province*
TFSAs are offered to all Canadian residents who have reached the age of majority* and have a valid social insurance number (no maximum age).
* The age of majority per province:
18 years old: Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Prince Edward Island
19 years old: British Columbia, New Brunswick, Newfoundland and Labrador, Nova Scotia, Yukon, Nunavut, Northwest Territories
Tip
You haven’t reached the age of majority yet? Put your money in a high-interest savings account.
$7,000
Your unused contribution room can be carried forward.
However, you begin earning contribution room from the age of 18, regardless of the age of majority in your province or territory.
Tip
Hit your contribution limit? Keep saving tax-free with an RRSP.
Choose products based on your investor profile, transfer your savings and start earning interest tax-free.
Grow your savings and protect your initial investment.
Trust our team of experts with your savings.
Take an active role in managing your investments.
Enjoy ready access to your money and get a competitive interest rate.
RRSP
Save and reduce your annual taxable income, and you could save on taxes in the year you contribute.
FHSA
The FHSA (Tax-Free First Home Savings Account) is a new savings account that will allow first-time homebuyers to save up for a home.
RESP
Save for your children’s education and receive up to $12,800 in government grants.
Explore all our savings plans and learn how they differ from investments.
Make the most of your savings with our expert advice.
For information on fees related to TFSAs, refer to our Fee Guide.
For information on rate increases or our new fee notification procedure, refer to our Fee Guide.
Also see the procedure for settling complaints about TFSA fees.
See the new NBI TFSA agreement and NBC TFSA application form.
The elements presented in this text are given for information purposes only. These elements do not create any legal or contractual obligation for the National Bank and/or the entities of its group. You agree to validate the applicability and the advantageous nature of these elements with your advisor, accountant, tax specialist, or other tax planner, as the case may be.
© 2017 National Bank of Canada. All rights reserved. Any reproduction in whole or in part is strictly prohibited without prior written authorization.
Talk to an investment specialist or choose a plan online.
1-888-270-3941
Monday to Thursday,
8 a.m. to 6 p.m. (ET)
Friday, 8 a.m. to 5 p.m. (ET)
