Island Savings

Premium Savings

This account is for you if:

  • you are saving for a down payment on a house.
  • you want to reach your savings goals faster.
  • you need to save some money for your next vacation.

Freeno monthly
account fee

Freeelectronic
transfers

Overview

Account Details

This account offers:

  • High rate of interest for monthly balances of $5,000 or more
  • Compounding interest so your savings grow faster
  • Plus, you can rest easy knowing that your deposits are 100% guaranteed†

 

® Trade-Mark of Interac Inc. Used under licence

†The Credit Union Deposit Insurance Corporation of British Columbia, a statutory corporation, fully guarantees all BC credit union deposits. Credit Union equity shares and investments such as mutual funds or RSP equity plans are not covered by deposit insurance.

Fees

Monthly Fee
Free
Interest
Tiered interest rate paid to this account
Additional
Transaction
Fees
Cheque clearing $5.00
Interac® direct payment $5.00
In-branch withdrawal $5.00
In-branch transfer $5.00
In-branch bill payment $5.00
Pre-authorized payment $5.00
Electronic bill payment $5.00
Paper statement $2.00
Electronic transfer FREE
Send Me-to-Me transfer $5.00
Send Interac e-Transfer® $5.00
Request Interac e-Transfer® $5.00
EXCHANGE® and ACCULINK® ATM withdrawal $5.00
Interac® ATM withdrawal $6.00
US and International ATM withdrawal $7.00

Terms

Here is an easy access document that includes everything you need to know about the terms and conditions for this account. Read more (PDF).

Ready to apply? Opening an account with us is easy!

Online

Contact us to let us know you're interested in opening a premium savings account and we’ll take care of the rest.

In Person

If you’re more comfortable coming in to see us, we’d be happy to open a new account for you or make changes to your existing account.

By Phone

If you’d like to call us, here is a complete list of our branch phone numbers.