Many Canadians depend on their financial savings accounts and chequing accounts for day-to-day banking, however if you wish to develop your cash whereas saving in direction of a monetary purpose, contemplate opening a high-interest financial savings account (HISA). On this brief video, we clarify the advantages and makes use of of a HISA.
Video: Why open a high-interest financial savings account?
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Watch extra MoneySense movies:
- How one can open a checking account
- How one can discover one of the best on-line checking account
- The variations between a TFSA and RRSP
- How one can ship cash internationally
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