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

2FREE transfers*
per month

Overview

Account Details

2 free transfers* per month. Plus 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

*This account includes two free electronic transfers to Island Savings accounts each month.

†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
EXCHANGE® ATM withdrawal $5.00
INTERAC® direct payment $5.00
In-branch withdrawal $5.00
In-branch transfer $5.00
In-branch bill payment $2.00*
Pre-authorized debit $5.00
Electronic bill payment $5.00
Paper statement $2.00
Electronic transfer $5.00
Send Me-to-Me transfer $5.00
Send Interac eTransfer® $1.50
INTERAC® ATM withdrawal $1.85*
US Cirrus® ATM withdrawal $3.35*
International Cirrus® ATM withdrawal $4.35*

 

*Fee charged at time withdrawal made. If transaction goes over monthly limit an additional $5.00 fee will be charged at month end.

*Fee charged at time withdrawal made. If transaction goes over monthly limit an additional $5.00 fee will be charged at month end.

 

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

Open a new account online or if you’re already a member, simply call us 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.