Replying to TFSA accounts?

I highly doubt this is the place to ask but... does anyone know the interest rates on TFSA accounts at BMO or any other bank. is it simple or compound?

for those who have no idea what im talking about: TFSA (Tax Free Savings Account) is basically the opposite of an RRSP. you put in a max. of 5000 (already taxed) dollars per year in an account with a set interest rate (i think its somewhere between 1.5 and 6). the great thing about it is that you can take out your savings WITHOUT being taxed = pay off your mortgage by the time your 40 or be 200,000$ richer at 40. im starting at 18, i highly recommend you do the same