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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.

Apply online

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


Features

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
Minimum deposit: $1,000.00
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
Currency: Canadian (CAD)
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

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.

 

Featured Rates

5 Year Rate Climber

Year 1

1.35%

Year 2

1.50%

Year 3

1.65%

Year 4

1.75%

Year 5

3.55%

5 Year Rate Climber (Compounding)

Year 1

1.25%

Year 2

1.40%

Year 3

1.55%

Year 4

1.65%

Year 5

3.45%

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