Term Deposits

To purchase a term deposit, simply log into Online Banking and click Open an Account. Don't have an account with us yet? Phone our Contact Centre at 1.888.517.7000 or apply online to take advantage of these rates.

Term deposits are also available as most Registered Accounts.


Short Term Deposits Rate effective Apr 21, 2017
Short Term Deposit - 1 to less than 2 months 0.400%
Short Term Deposit - 2 to less than 3 months 0.450%
Short Term Deposit - 3 to less than 4 months 0.550%
Short Term Deposit - 4 to less than 6 months 0.600%
Short Term Deposit - 6 to less than 9 months 0.650%
Short Term Deposit - 9 to less than 12 months 0.750%

 

Short Term US Deposits Rate effective Apr 21, 2017
Short Term US Deposit - 1 to less than 2 months 0.100%
Short Term US Deposit - 2 to less than 3 months 0.150%
Short Term US Deposit - 3 to less than 4 months 0.150%
Short Term US Deposit - 6 to less than 9 months 0.200%
Short Term US Deposit - 9 to less than 12 months 0.250%
Short Term US Deposit – 12 months 0.300%

 

Long Term Deposits Rate effective Apr 21, 2017
Long Term 1-Year Term Deposit 1.200%
Long Term 15-Month Term Deposit 1.350%
Long Term 18-Month Term Deposit 1.500%
Long Term 2-Year Term Deposit 1.300%
Long Term 3-Year Term Deposit 1.750%
Long Term 4-Year Term Deposit 1.600%
Long Term 5-Year Term Deposit 2.000%

 

Redeemable Term Deposit Rate effective Apr 21, 2017
1-Year Redeemable Term Deposit 0.750%

 

Better Than Cash® Rate effective Apr 21, 2017
1-Year Better Than Cash® Term Deposit 1.000%

 

Rising Rate Term Deposit Rate effective Apr 21, 2017
3-Year Rising Rate Term Deposit Year 1 1.150% Year 2 1.250% Year 3 3.000%
7-Year Rising Rate Term Deposit Year 1 1.150% Year 2 1.250% Year 3 1.650% Year 4 1.800% Year 5 2.000% Year 6 2.800% Year 7 3.000%

 

Interest rates are subject to change without notice and are calculated on a per annum basis.

 

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