Short-Term Non-Redeemable Term Deposit
Guaranteed growth in as little as 30 days.
- Laddered rate with 30-364 day terms
- $500 minimum
- Deposits are 100% guaranteed*
Short-Term Term Deposits allow you to earn interest on your money while giving you quick access to your funds when you need them.
Short-Term Term Deposits at a glance:
|Short-Term Non-Redeemable Term Deposit|
|Minimum Investment||$500 (non-registered); $2,000 (registered)|
|Eligibility||RRSP, RRIF, TFSA|
|Interest||Interest paid at maturity|
|Renewal||At maturity you have the option to renew your Short-Term Term Deposit, invest in a different term deposit, or withdraw the funds.|
|Short-term Non-Redeemable Term Deposits (Rates effective 2019-03-02)||Rates|
|Non-Redeemable: short-term, 30-59 days||0.15%|
|Non-Redeemable: short-term, 60-89 days||0.20%|
|Non-Redeemable: short-term, 90-179 days||0.30%|
|Non-Redeemable: short-term, 180-269 days||0.40%|
|Non-Redeemable: short-term, 270-364 days||0.50%|
Need more options?
Our easy-to-use selection tool will help you determine the right term deposit solution to meet your needs.