High Interest Savings Account

Savings That Work
As Hard As You Do

Put your organization’s cash reserves to work with VCIB’s High Interest Savings Account.

Earn interest on funds you’re not using for day-to-day operations, while still having easy access to cash when you need it. With higher interest rates for higher balances, your savings will grow faster.

Benefits

Competitive interest rates that increase with outstanding balances.
Convenient, flexible access to cash when needed through funds transfers and bill payments.
No minimum deposit required or monthly fees.
Deposits are eligible for CDIC deposit insurance.

Features

Includes up to 10 free* transactions a month.
Interest calculated daily on closing balance and paid monthly.
Access funds through online banking only – no cash, ATM/debit, cheque, or branch services.
Have confidence that your savings will circulate to support positive social environmental change.

Download our High Interest Savings Account Package to learn more or contact us to get started.

VCIB Financial Solutions

Shared Interest™ Visa* Business

Choose a credit card that rewards you and the causes you care about.

Operating Line of Credit

Get access to credit to help bridge gaps in your operating cash flow with our flexible financing solutions.

Foreign Exchange

Transfer funds to clients or suppliers anywhere in the world, buy real estate in foreign countries, or send money overseas.

We put your savings to work for positive change.

At VCIB, your deposits help finance impactful projects in Canadian communities, like affordable housing and clean energy projects. Since 2017, we’ve financed:

30 +

new social purpose real estate projects

1300 +

units of new or preserved affordable housing

400000 sq.ft.

of non-profit, co-working, cultural and community spaces

"The notion that VCIB is doing measurable good in the world in the same places that we’re trying to work in every day as an Institute, that’s a real value for us."

Rick Smith

Executive Director, Broadbent Institute

Read Full Story

Read more stories of impact

When you bank with VCIB, you help support important work in your community. You can learn more about the organizations we support by reading on:

Get in touch and let us know about your business to get started.

Safely Insured

VCIB is a member of the Canada Deposit Insurance Corporation (CDIC). CDIC is a federal Crown corporation that was created in 1967 to protect the money Canadians deposit in member financial institutions.

Federally Chartered

VCIB is a Schedule 1 chartered bank operating under federal guidelines and regulated by the Office of the Superintendent of Financial Institutions.

Certified Beneficial

A B Corp’s™ purpose is to create social and financial value. To belong, they must meet high standards of transparency and accountability, and create positive social and environmental benefit.

Change Maker

VCIB belongs to the Global Alliance for Banking on Values, an international network of banking leaders who make social and environmental change a part of their financial model.

Loans subject to credit approval. Some credit restrictions may apply. Other terms and conditions may apply.

1 You will earn more points per $1 on eligible purchases made with a Shared Interest Visa Business card. Eligibility is based on the merchant code as classified in the Visa credit card network. Purchases made at merchants classified as: (i) Electronics/Computers, Peripherals, and Software; Office Supplies/Stationary, Printing and Writing Paper; Electronic; and Hardware/Garden Centers are “office supplies”; (ii) Local/Suburban Commuter Passenger Transportation – Railroads; and Transportation Services Not Elsewhere Classified are “public transit and ferries”; and (iii) Taxicabs and Limousines; Bus Lines; Automobile Parking Lots and Garages; Railroads; Passenger Railways are “taxis, bus, parking and rail”. Some merchants may sell these products/services or are separate merchants who are located on the premises of these merchants but are classified by the Visa credit card network in another manner, in which case this accelerated earn rate will not apply.

2 Visit VCIB Benefits to enroll and learn more about your Shared Interest Visa Business benefits.

3 Liability waiver insurance is underwritten by Royal & Sun Alliance Insurance Company of Canada. All other insurance benefits are underwritten by American Bankers Life Assurance Company of Florida and/or American Bankers Insurance Company of Florida

™Vancity Community Investment Bank and Vancity Community Investment Bank Rewards are trademarks of Vancouver City Savings Credit Union, used under license.

™Shared Interest and Citizens Bank of Canada are trademarks of Vancity Community Investment Bank.

*Trademark of Visa Int., used under license.

Vancity Community Investment Bank is a member of CDIC and is a Certified B-Corp^TM

High Interest Savings Account

Benefits

Features