Escalating Rate RRSPs

Escalating rate RRSPs reward longer term investing with interest rate increases each year without sacrificing flexibility.

Apply online

visit a branch near you or call 604-517-0100 to set up an RRSP today.

Escalating Options

We all know saving for retirement is important, whether you are just starting or are nearing retirement age. We offer several plans to help you prepare for your future.

  • 2-year Higher Rate

    Enjoy a higher interest rate in year two with the flexibility to reinvest without penalty on the first anniversary of the term. Interest compounds annually and you can begin with as little as $1,000.

    Apply online

  • 3-year Rate Climber

    An escalating term desposit with increasing interest rates over the course of the investment. The term is redeemable or reinvestable without penalty on each anniversary date. Interest compounds annually and you can begin with as little as $1,000.

    Apply online

  • 5-year Rate Climber

    A flexible long-term investment offering a higher return with an increasing interest rate over the course of the investment. Interest compounds annually and you can begin with as little as $1,000.

    Apply online

  • Super Climber RRSP

    A five year non-redeemable term deposit featuring escalating interest rates over the course of the investment and a compounding annual interest rate. This term rewards long term investors with an extra high interest rate in the fifth year.

    Apply online

Current Rates

Can't find a rate? Contact us online or phone 604-517-0100.

2 Year Higher RateRates
Year 1 1.10%
Year 2 2.25%
3 Year Rate ClimberRates
Year 1 1.10%
Year 2 1.20%
Year 3 3.20%
5 Year Rate Climber (Paid Annually)Rates
Year 1 1.10%
Year 2 1.25%
Year 3 1.40%
Year 4 2.25%
Year 5 3.25%
5 Year Rate Climber (Compounding)Rates
Year 1 1.00%
Year 2 1.15%
Year 3 1.30%
Year 4 2.15%
Year 5 3.15%

Apply for or contribute to an RRSP

Don't have a Westminster Savings RRSP?
Apply online, on the phone at 604-517-0100 or at your nearest branch.

Contribute to a Westminster Savings RRSP
If you already have a WSCU RRSP you can contribute to it in Online Banking, on the phone at 604-517-0100 or at your nearest branch.