PayDay Savings

What are you saving for?

Travelling? A car? Downpayment? Start today with our new PayDay Term Deposits!

Struggling to find the extra cash at the end of the month? No more excuses.
You can start a SASCU PayDay TFSA or PayDay RRSP 3-Year Term Deposit for as little as $25. That's right! The only term deposit you can start for just $25 and keep adding to it.

Set the automatic deposits to transfer each payday and you won’t even notice … until you see how your savings have grown!


  • Start with only $25
  • Automatic contributions (weekly, bi-weekly or monthly)
  • Contribute extra any time**
  • Fixed interest rate; compounded annually
  • Tax-sheltered, high interest growth
  • Savings incentive! Access funds any time – but interest is 0% if withdrawn prior to maturity

Get started now

If you already have a SASCU TFSA or RRSP, you can open a PayDay TFSA or RRSP right now. Login to Online Banloginking and choose the appropriate type. It's that easy!

If you are a not an existing SASCU Member or don't have an open TFSA or RRSP account, apply online now.

apply  RRSP 

Apply  TFSA  

* Special rate may be changed or withdrawn at any time without notice. Rate is current as of September 15, 2017, and applies only to a SASCU PayDay TFSA or PayDay RRSP. Minimum initial deposit of $25. Minimum $25 monthly deposits must be made to retain promo rate (defaults drops entire deposit to regular 3 year term rate). Interest rate fixed for term and compounded annually, paid annually. 0% interest if withdrawn prior to maturity. 

**Annual contribution limits apply. Learn more.