U.S. Term Deposits
Guaranteed growth without currency risk.
- Terms from 30 days to 5 years
- $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:
|Non-Redeemable Term Deposit|
|Term/Duration||30 days - 5 years|
|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 Non-Redeemable Term Deposits †
|USD Non-Redeemable Term Deposits (Rates effective 2020-04-07)||Rates|
|Non-Redeemable: 30-59 days, interest at maturity||0.05%|
|Non-Redeemable: 60-89 days, interest at maturity||0.10%|
|Non-Redeemable: 90-179 days, interest at maturity||0.15%|
|Non-Redeemable: 180-269 days, interest at maturity||0.20%|
|Non-Redeemable: 270-364 days, interest at maturity||0.20%|
|Non-Redeemable: 1 year, interest at maturity||0.25%|
|Non-Redeemable: 1.5 year, interest at maturity||0.25%|
|Non-Redeemable: 2 year, interest at maturity||0.30%|
|Non-Redeemable: 3 year, interest at maturity||0.35%|
|Non-Redeemable: 4 year, interest at maturity||0.40%|
|Non-Redeemable: 5 year, interest at maturity||0.45%|
Need more options?
Our easy-to-use selection tool will help you determine the right term deposit solution to meet your needs.