Starting 2017, you’ll no longer see the breakdown of your interest paid on your loans, mortgages, lines of credit, and interest earned on your deposits on your T5 Statement of Interest Income.
To see this breakdown, please follow these steps:
Online Banking
Log in to online banking
- select the account you want the interest for
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In Account Activity:
- enter the Date Range for the period you’re reviewing (i.e. from 01/01/2016 to 31/12/2016)
- click “Advanced Options”
- under “Show” dropdown menu, select “search by description” and type “interest”
- click “Search”
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Vancity mobile app
Step 1:
Log in and tap “Accounts” |
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Step 2:
Tap the account you want to select |
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Step 3:
Tap “Search” |
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Step 4:
- type “Interest”
- select “Description”
- select time period
- tap “SEARCH”
And you’re done. |
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How to view interest earned
Online Banking
Step 1: Use the dropdown under “Timeframe” and select “Date Range” |
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Step 2: Select date range , under “Show” drop down select “Search by Description” and use words “interest credited” |
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You can also refer to your statements or contact us to see the breakdown.
Note, the breakdown of interest is not required by CRA.