Built-in rate increases

Our Escalator Term Deposits have built-in rate increases so your money grows more each year – automatically. And it's cashable on each anniversary date, so you can access your money when you need it.

Growth that escalates over the long term

  • Laddered rate
  • 2, 3 and 5 year terms
  • $100 minimum
  • RRSP, RRIF, RESP, TFSA, RDSP eligible
  • Deposits are 100% guaranteed**
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Escalator Term Deposits at a glance:

 2-Year Escalator3-Year Escalator5-Year Escalator
Minimum Investment$100$100$100
Term/Duration2 years3 years5 years
EligibilityRRSP, RRIF, RESP, TFSA, RDSP
InterestInterest paid out annually or compounded annually.
RenewalAt maturity you have the option to renew your Escalator Term Deposit, invest in a different term deposit, or withdraw the funds.

2-Year Escalator Term Deposit*Rates
Year 1
2.75%
Year 2
3.75%

 

3-Year Escalator Term Deposit*Rates
Year 1
2.75%
Year 2
3.00%
Year 3
3.75%

 

5-Year Escalator Term Deposit*Rates
Year 1
2.75%
Year 2
2.95%
Year 3
3.15%
Year 4
3.35%
Year 5
3.55%

 

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Niall Dempsey
Investment Advisor

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