Five Year Rate Climber
The Five Year Rate Climber rewards you for taking a long term approach to your savings and investment plan. With only a $1,000.00 minimum deposit the interest rate on this term deposit will rise each year for five years.
Redeem or reinvest without penalty
- The Five Year Rate Climber is redeemable or reinvestable without penalty on each anniversary date.
Maximize your savings
- Your Five Year Rate Climber can compound annually or pay out annually. Maximize your savings by compounding the interest earned annually: each year the interest earned will be deposited back into the account, effectively earning interest on the interest you've already earned.
100% deposit guarantee
- Like all credit union accounts, your reinvestable term deposit is guaranteed by unlimited CUDIC insurance.
Terms & Conditions
|Five Year Rate Climber Terms & Conditions|
|Term length:||Five Years|
|Interest rate:||Escalating, see our term deposit interest rates
Note different rates for compounding and annual interest options
|Redeemable:||Without penalty on each anniversary date|
|Interest Payout:||For annual interest, to chequing or savings account on anniversary date
For compounding interest, to chequing or savings account at end of five year term
|Other:||Partial withdrawals are not permitted|
Tools & Calculators
Use our online guide to get a better understanding of term deposits.
Get sound advice about investing, retirement and estate planning
We have savings and investment options for any type of person
Speak to one of our certified Financial Planners
Talk to a Financial Expert today.
Our financial experts will answer any of your term deposit questions. Call us at 604-517-0100 or send us your question online and we'll respond to you within one business day.