Set up direct deposit and skip the monthly fee. Free to open, and the Easy plan has no monthly fee. Worth doing if you will actually move your pay or your CRA deposits over, not if the card sits unused. Code BREMO2026.
TFSA, RRSP, or regular savings • Includes interest growth • Monthly breakdown
Whether you're saving for a down payment, emergency fund, vacation, or retirement, this calculator shows you exactly how long it will take and how much interest you'll earn along the way.
Savings Goal Calculator
Best Accounts to Save In Canada
TFSA: Tax-free growth. Best for most savings goals.
FHSA: First Home Savings Account — tax-deductible contributions + tax-free withdrawals for first home.
RRSP: Best for retirement or Home Buyers' Plan.
HISA (High-Interest Savings): Rates up to 4–5% at online banks in 2025.
GICs: Locked-in rates, good for specific timelines.
How to Reach Your Goal Faster
Automate transfers on payday so you save before you spend
Direct tax refunds and bonuses straight to savings
Use a TFSA HISA to maximize after-tax returns
Even small increases to monthly contributions make a big difference over time
Free Banking to Help You Reach Your Financial Goals
Once you know your numbers, start acting on them. KOHO offers free banking with no monthly fees. Use code BREMO2026 for a bonus when you open your account.