Five Year Rate Climber
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.
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.
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