Can I withdraw funds from my Motusbank TFSA savings account at any time?
Yes, you have easy accessibility to your funds in the TFSA savings account. You can make withdrawals or transfers whenever needed, providing flexibility and convenience.
Does Motusbank provide online banking services for managing the TFSA savings account?
Yes, Motusbank is an online bank and provides robust online banking services. You can conveniently manage your TFSA savings account, track transactions, view statements, and perform various banking operations through their secure online platform or mobile app.
Are the interest earnings on the Motusbank TFSA savings account taxable?
With a Motusbank TFSA savings account, your interest is tax-free. TFSA accounts provide a tax-free growth environment, allowing you to earn interest without being subject to taxes on the earned income.