Retail deposit direct rates
HISA
| Rate | 2.25% |
GIC long term
(Non-redeemable)
| 1 year | 4.30% |
| 18 month | 4.25% |
| 2 year | 4.55% |
| 3 year | 4.60% |
| 4 year | 4.65% |
| 5 year | 4.75% |
| Minimums | Annual interest frequency | ||
|
Paid or compounded |
Registered plan long term
(Non-redeemable)
Our registered products are not available to purchase through our digital banking platform. Please contact our customer success team at 1.800.788.6311 for assistance.
| 1 year | 4.30% |
| 18 month | 4.25% |
| 2 year | 4.55% |
| 3 year | 4.60% |
| 4 year | 4.65% |
| 5 year | 4.75% |
| Minimums | Annual interest frequency | ||
|
Compounded | ||
|
Compounded | ||
|
Compounded | ||
|
Compounded | ||
|
Compounded |
Variable rate deposit
| Rate | 0.15% |
Minimums
| New | Lump sum deposit | Scheduled electronic deposit (biweekly or monthly) | |
| GIC | Not available | — | — |
| RESP | No minimum | $100 | $25 |
| RDSP | No minimum | $100 | $25 |
| RRIF | $5,000 | $500 | — |
| RRSP | $100 | $100 | $25 |
| TFSA | $500 | $500 | — |
Important notes about this bulletin
- Minimum applies to each deposit
- Rates and minimums subject to change without notice
- Odd month terms are also available
- * indicates change
- Interest accrues on every dollar the day your account becomes active, subject to account limits and applicable interest rates.
- For HISA, interest is calculated daily on the total closing balance and paid monthly, up to the account limit of $150,000, based on the rates per annum, as offered. Interest rates are expressed annually and may vary from time to time. No interest will be paid on amounts over the account limit of $150,000.
- For GIC, interest is calculated daily on the total closing balance and is paid annually, on maturity or at the time of redemption. Interest rates are expressed annually as a percentage of the deposit and are guaranteed for the term of the deposit. No interest is earned on the maturity date. GIC terms of one year or longer, for interest calculation, the year is treated as 365 days for all and is compounded and/or paid annually.