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Fermer

Redeemable Term Savings

Access your liquid assets at all times!

Is this type of savings for you?

  • You are saving for short-term projects.
  • You want to grow your capital while maintaining the ability to access your liquid assets at all times.
Outlines

Main features :Capital and interest rate 100% guaranteed

Term :1 year

Minimum savings objective :1 000 $

Total or partial redemption :No charge at any time, but at 0% if redeemed within 30 days of purchase date

Features
Interest rate
  • Fixed
  • Based on the term selected
  • Guaranteed until maturity
Minimum savings objective
  • $1,000
Eligible for these plans
  • Registered plans: TFSA, RRSP, FTA, LIRA, locked-in RRSP and RDSP
  • Non-registered plans
Redemption terms
  • Partial withdrawal of at least $1,000 of your savings if you maintain a minimum balance of $1,000
Other
  • Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA)
  • Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA)
  • May be eligible for potential member dividends. Find out more about member dividends
  • Savings-Life Insurance available
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