Innovation Federal Credit Union Savings Account

Innovation Federal Credit UnionSavings

Innovation Federal Credit Union · Savings

No monthly fee, 0.6% interest.

Monthly feeNone
Transactions includedNot published
Interest rate0.6%
Minimum to open$0

Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research

What it costs

Monthly fee
None

What is included

ATM network
ding free ATMs across Canada

Interest

Posted rate
0.6%
What the rate depends on
0.600% on all balance tiers ($0 through $200,000+); calculated daily on the closing balance and paid monthly. No effective date published.

Who can open it

Minimum to open
$0
Membership share
$5 refundable, credit unions only
Where you can open it
Canadian residents 18+ except Quebec

Deposit protection

Insured by
Canada Deposit Insurance Corporation (CDIC)

Where these figures come from

Figures checked on
August 19, 2026

Notes

Rate is flat across all tiers. Members earn quarterly cash rewards.

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Where this came from. Every figure on this page is taken from the institution’s own page or its published fee schedule, never from another comparison site, and a field is left blank rather than guessed at. Rates and fees change without notice, so confirm with the institution before opening anything. We receive no payment from any institution listed here.