U.S. Term Deposits
Guaranteed growth without currency risk.
- Terms from 30 days to 1 year
- $500 minimum
- Interest paid at maturity
- Deposits are 100% guaranteed*
U.S. Term Deposits allow you to earn interest on your U.S. funds while giving you quick access to your money when you need it. Manage your own currency risk; invest when the Canadian dollar is strong, and lock in your funds for as little as 30 days up to one year.
U.S. Term Deposits at a glance:
|Short-Term Non-Redeemable Term Deposit||Long-Term Non-Redeemable Term Deposit|
|Term/Duration||30-364 days||1 year|
|Eligibility||No eligibility||No eligibility|
|Interest||Interest paid at maturity|
|Renewal||At maturity you have the option to renew your U.S. Term Deposit, invest in a different term deposit, or withdraw the funds.|
Rates: USD Short-term Non-Redeemable Term Deposits †
|USD Short-term Non-Redeemable Term Deposits minimum $500) (Rates effective 2017-03-17)||Rates|
|Non-Redeemable: short-term, 30-59 days, interest at maturity||0.35%|
|Non-Redeemable: short-term, 60-89 days, interest at maturity||0.40%|
|Non-Redeemable: short-term, 90-179 days, interest at maturity||0.45%|
|Non-Redeemable: short-term, 180-269 days, interest at maturity||0.60%|
|Non-Redeemable: short-term, 270-364 days, interest at maturity||0.65%|
Rates: USD Long-term Non-Redeemable Term Deposits †
|USD Long-term Non-Redeemable Term Deposits (minimum $500) (Rates effective 2017-03-17)||Rates|
|Non-Redeemable: long-term, 1 year, interest at maturity||0.75%|
|Non-Redeemable: long-term, 1.5 year, interest at maturity||0.90%|
|Non-Redeemable: long-term, 2 year, interest at maturity||1.00%|
|Non-Redeemable: long-term, 3 year, interest at maturity||1.15%|
|Non-Redeemable: long-term, 4 year, interest at maturity||1.30%|
|Non-Redeemable: long-term, 5 year, interest at maturity||1.60%|
Need more options?
Our easy-to-use selection tool will help you determine the right term deposit solution to meet your needs.