If you need ready access to your money, then redeemable term deposits are for you. They provide a competitive, guaranteed interest rate and you can redeem the deposit anytime. You can choose from three options:
Enjoy easy access to your cash and competitive interest rates.
Features and benefits
minimum investment is $5,000
term lengths from 30 to 364 days
cashable anytime prior to maturity
interest is not paid if redeemed within 29 days of the deposit or renewal date
reduced interest rate earned if redeemed after 30 days and prior to maturity
pays tiered interest rates — the bigger your investment, the higher your rate
interest rate based on the term length and amount invested
Long-term redeemable deposits
Lower minimum amounts make it easier for you to make the most of your savings.
Features and benefits
minimum investment is $500
term lengths from 12 to 60 months
cashable anytime prior to maturity
interest is not paid if redeemed within 29 days of the deposit or renewal date
reduced interest rate earned if redeemed after 30 days and prior to maturity
interest paid annually or semi-annually
US-dollar short-term deposits
If you travel frequently to the U.S. or hold assets south of the border, these investments earn a competitive interest rate while helping you avoid exchange-rate fluctuations.
Features and benefits
minimum investment is $5,000
term lengths from 30 to 364 days
cashable anytime
interest paid in U.S. funds at maturity, no interest on early
Features and benefits
