Short-Term Non-Redeemable Term Deposit
Guaranteed growth in as little as 30 days.
- Laddered rate with 30-364 day terms
- $500 minimum
- RRSP, RRIF, and TFSA eligible
- Deposits are 100% guaranteed*
Short-Term Non-Redeemable Term Deposits allow you to earn interest on your money while giving you faster access to your funds when you need them.
Short-Term Term Deposits at a glance:
| Short-Term Non-Redeemable Term Deposit | |
|---|---|
| Minimum Investment | $500 |
| Term/Duration | 30-364 days |
| 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. |
Rates †
| Short-term Non-Redeemable Term Deposits (Rates effective 2020-11-05) | 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 | 0.25% |
| Non-Redeemable: short-term, 180-269 days | 0.30% |
| Non-Redeemable: short-term, 270-364 days | 0.35% |