
Say goodbye to traditional ways of managing your finances and say hello to the frog! Redfrog is a revolutionary all-inclusive account that lets you use your income and savings toward paying down your mortgage. The result? You’ll save thousands of dollars in interest and live debt free sooner.
You consolidate your mortgage, credit card debt and any other loans you may have into one account—including your chequing and savings accounts. You can borrow up to 90% of the value of your home and use the funds to consolidate other debts.
When your paycheques and other income are deposited into your account, you reduce your balance owing and your interest bill for that day. And when you need money for daily expenses, just draw the funds back out.
Interest is calculated daily on the unpaid balance and charged to your account at the end of each month. You can use your Redfrog account for all kinds of daily banking transactions, including debit card purchases, cheques and bill payments. Remember, though, the more money you can leave in your account each day, the more interest you’ll save. And because it’s interest saved rather than interest earned, there’s no tax to pay.
Redfrog offers you these key benefits:
This account is available exclusively to Redfrog mortgage members and includes:
direct payments
ABM withdrawals: $2.00Stop dealing with the hassles of conventional banking and live debt free sooner with Redfrog. Visit our Redfrog website at redfrog.ca for more ribbiting details on Redfrog. You’ll find a handy savings calculator; a short, animated presentation explaining the product; and answers to frequently asked questions.
Applying for Redfrog is easy—just go to redfrog.ca and complete the online application or hop on into any Envision branch. We’d love to chat with you!
Trade-Mark of Interac Inc. Used under licence
|
You may also be interested in: » Apply online » Tools and calculators » Deposit insurance » Weekly economic briefing |

» 50 Best Employer » Caring Company Award » WorkLife BC Employer of Choice » Innovation Award |

