Flex Step-Up Term Deposits/RRSPs

Maximize your investment returns while minimizing your interest rate risk with our most flexible plan. Based on an escalating rate schedule, the rate will "step up" on the anniversary date of each term, giving you more interest over the life of your term. Cashable within 7 days of the anniversary date with no penalty.

All deposits are insured for up to $100,000 per account through the Deposit Insurance Corporation of Ontario.

Effective May 3, 2008

3-Year Term

Year 12.70%
Year 22.90%
Year 34.30%

5-Year Term

Year 12.90%
Year 23.10%
Year 33.30%
Year 43.85%
Year 55.10%

your interest rate increases every year