Redeemable Term Deposits

Redeemable Term Deposits

If you’re looking for a place to park some funds for a short period of time, a redeemable term deposit could be right for you. It features:

  • terms from 32 days - 7 years
  • competitive interest rates guaranteed for the full term of the investment
  • access to your investment when you need it

Redeemable term deposits are available in RRSP, TFSA, RESP, RRIF and LIF plans.

Open a term deposit online 

Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Eligible deposits in non-registered accounts are insured up to $250,000 through the Financial Services Regulatory Authority.