FLEXTerm Term Deposit
Even small deposits can work harder.
- 60 days - 1 year
- $100 minimum
- RRSP, RRIF, TFSA eligible
- Deposits are 100% guaranteed*
When you have only a small amount to invest, it can be hard to find a suitable investment vehicle. With a FLEXterm Term Deposit, only a small minimum deposit is required and you have complete access to your funds whenever you need them.
FLEXterm Term Deposit at a glance:
|Eligibility||RRSP, RRIF and TFSA|
|Interest||Interest transferred annually to your savings or chequing account, or compounded annually and reinvested into your term deposit.|
|Renewal||At maturity you have the option to renew your FLEXterm Term Deposit, invest in a different term deposit, or withdraw the funds.|
|FLEXterm Term Deposit (Rates effective 2020-05-29)||Rates|
|FLEXterm: annual interest||0.75%|
Need more options?
Our easy-to-use selection tool will help you determine the right term deposit solution to meet your needs.