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 | ||
|---|---|---|
| Minimum Investment | $500 | |
| Term/Duration | 30 days - 5 years | |
| 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 Non-Redeemable Term Deposits †
| USD Non-Redeemable Term Deposits (Rates effective 2021-03-11) | Rates |
|---|---|
| Non-Redeemable: 30-59 days, interest at maturity | 0.05% |
| Non-Redeemable: 60-89 days, interest at maturity | 0.05% |
| Non-Redeemable: 90-179 days, interest at maturity | 0.05% |
| Non-Redeemable: 180-269 days, interest at maturity | 0.07% |
| Non-Redeemable: 270-364 days, interest at maturity | 0.08% |
| Non-Redeemable: 1 year, interest at maturity | 0.10% |
| Non-Redeemable: 1.5 year, interest at maturity | 0.12% |
| Non-Redeemable: 2 year, interest at maturity | 0.15% |
| Non-Redeemable: 3 year, interest at maturity | 0.35% |
| Non-Redeemable: 4 year, interest at maturity | 0.60% |
| Non-Redeemable: 5 year, interest at maturity | 0.85% |