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	<title>Tax Free Savings Account &#187; Vancity</title>
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	<description>Canada TFSA Information</description>
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		<title>Vancity TFSA Interest Rates</title>
		<link>http://www.taxfreesavingsaccountplan.com/2009/01/01/vancity-tfsa-interest-rates/</link>
		<comments>http://www.taxfreesavingsaccountplan.com/2009/01/01/vancity-tfsa-interest-rates/#comments</comments>
		<pubDate>Fri, 02 Jan 2009 04:36:29 +0000</pubDate>
		<dc:creator>TFSA</dc:creator>
				<category><![CDATA[Vancity]]></category>
		<category><![CDATA[tax free savings account interest rate]]></category>
		<category><![CDATA[tfsa]]></category>
		<category><![CDATA[tfsa interest rate]]></category>

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		<description><![CDATA[Here’s another financial institution added to the list and is one of the only ones I have found so far that lists its TFSA interest rates for 2009 as you can see here:

I must say, that “non-redeemable” aspect of Vancity’s offer kind of defeats one of the main benefits of a tax free savings account [...]]]></description>
			<content:encoded><![CDATA[<p>Here’s another financial institution added to the list and is one of the only ones I have found so far that lists its TFSA interest rates for 2009 as you can see here:</p>
<p align="center"><img src="http://www.taxfreesavingsaccountplan.com/pics8/vancityinterestrates.gif" /></p>
<p>I must say, that “non-redeemable” aspect of Vancity’s offer kind of defeats one of the main benefits of a tax free savings account where you can withdraw your funds at any time.  The main benefit that they mentioned in using this plan is that it is like a GIC where the interest rate will be fixed.</p>
<p>The Jumpstart High Interest Savings at 2.75% sounds interesting though and would probably be the one that I would go for if I was to use Vancity.</p>
<p>Maybe they will add something different by tomorrow, but we&#8217;ll just have to wait and see.</p>
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