Promotional rates are often used by banks to attract new clients with high interest rate offers that seem great at first, but end up lasting only a few months. And, there are usually conditions attached. Not at Zag Bank. With your Zag RRSP Savings account you get one great No Nonsense Rate that stays high interest – with no conditions. Over time, you come out ahead with an everyday high interest rate that saves you more than you would with a short-term promotional rate. And with no fees on the Zag RRSP Savings account – you save all your money. Zag Bank makes it easier to save. We’ve done the math to show you. Example based on a $10,000 investment. Promotional interest rate earns 2.5% for only 3 months, then drops to 0.8%. Zag Bank’s No Nonsense Rate is steady at 1.65%. In less than 6 months, you’re ahead with Zag.