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 Access funds any time – but interest is 0% if withdrawn prior to maturity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  

If you're looking at Pay Day Savings, you're on the right track! Learn more about our top tips for saving money:

* Special rate may be changed or withdrawn at any time without notice.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 Interest rate fixed for term and compounded annually, paid annually. 0% interest if withdrawn prior to maturity.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.