To understand how we calculate the applicable interest, please refer to the specific product page or contact us for more details. Rates are per annum (p.a.) and are subject to change without notice.
Prime Rate |
|
|---|---|
Prime Lending Rate (Effective 13 July 2023) |
7.20% |
PERSONAL accounts |
|
|---|---|
Perfetto. - For the balance up to $500,000 |
0.45% |
Perfetto. - On the portion of the balance above $500,000 |
0.05% |
Interest is not paid on our foreign (euro, USD) currency personal accounts. |
Business accounts |
|
|---|---|
Business Operating Account |
0.00% |
Business Savings+ |
0.35% |
Community (Chequing) Account - For the balance up to $5,000 |
0.00% |
Community (Chequing) Account - On the portion of the balance between $5,000.01 and $50,000 |
0.10% |
Community (Chequing) Account - On the portion of the balance above $50,000 |
0.20% |
Interest is not paid on our foreign (euro, USD) currency business accounts. |
Guaranteed Investment Certificates, Registered* |
|
|---|---|
1 year |
5.00% |
18 months |
4.75% |
2 years |
4.60% |
3 years |
4.15% |
4 years |
4.15% |
5 years |
4.15% |
*Non-redeemable. Includes RDSP, RESP, RRIF, RRSP and TFSA |
|
Guaranteed Investment Certificates,
|
|
|---|---|
1 year |
5.00% |
18 months |
4.75% |
2 years |
4.60% |
3 years |
4.15% |
4 years |
4.15% |
5 years |
4.15% |
* Non-redeemable. |
|
Term Deposits: Non-redeemable |
|
|---|---|
30 days |
0.50% |
60 days |
0.65% |
90 days |
0.75% |
180 days |
0.80% |
270 days |
2.50% |
Term Deposits: US DOLLARS* |
|
|---|---|
30 days |
0.05% |
60 days |
0.05% |
90 days |
0.05% |
180 days |
0.10% |
270 days |
0.15% |
*Minimum of $10,000 USD |
|
Term Deposits: EUROS* |
|
|---|---|
90 days |
0.10% |
*Minimum of 10,000 euros |
|
Lines of Credit |
|
|---|---|
Home Equity |
7.70% |
Mortgages - Closed* |
|
|---|---|
6 months |
8.25% |
1 year |
7.44% |
2 years |
7.19% |
3 years |
6.99% |
4 years |
6.74% |
5 years |
6.84% |
* Effective January 12, 2024. Subject to approval of fully qualified loans
Mortgages - Variable, Open, Convertible |
|
|---|---|
Variable |
7.20% |
6-month Open |
9.35% |
1-year Open |
9.85% |
Legacy AccountsPlease note that these accounts are no longer being offered. |
|
|---|---|
Fat Cat, Youth Savings Account |
0.45% |
Headstart, Youth Banking Account |
0.25% |
Investment Savings Account |
0.45% |
Maximizer, Chequing Account |
0.00% |
Maximizer Plus, Chequing Account – For the balance up to $300,000 |
0.45% |
Maximizer Plus – For the portion of the balance above $300,000 |
0.00% |
Savings Plus – For the balance up to $500,000 |
0.45% |
Savings Plus – For the portion of the balance above $500,000 |
0.05% |
