Parama Tax Free Savings Account Info & Reviews

Financial Products > TFSA Savings Accounts > Parama Tax Free Savings Account
Detailed information, reviews and ratings for the Parama Tax Free Savings Account.
Useful when comparison shopping for a new canadian tfsa savings account.

Information about the Parama Tax Free Savings Account

Product NameParama Tax Free Savings Account
Available InCanada (Only in Ontario)
Offered ByParama Lithuanian Credit Union Ltd.
Product PageParama Tax Free Savings Account
Interest Rate1.5 %  Interest Rate Increased from 1.35 % to 1.5 % on October 13, 2017

Chart of historical values for the Parama Credit Union TFSA Daily Rate
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  • All Data
Minimum Balance$0
Withdrawal Fee$0
Other FeesDormant account (for 3 years or more): $50.00 per year
Account Transfer Out Fee$100
Deposit InsuranceDICO
Additional NotesMust purchase a $40.00 share in the Parama Credit Union to become a member and open an account at the credit union.
Must visit one of their two branches (both located on Bloor Street in Toronto) in person to open an account.
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