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Regular Deposit Term Savings

Quick facts

Main feature: capital 100% guaranteed
Terms: 1 to 5 years
Interest rate: 0.90% to 1.85% (fixed, guaranteed until maturity)
Redemption terms: cashable in full without penalty on the 3rd and 4th anniversary dates of the deposit, under certain conditions

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Who should get this investment?

Savers who want to accumulate capital by making regular automatic deposits to a term savings account for a predetermined time period. Ideal if you want to put aside money on a regular basis to help you carry out your projects or spread out your RRSP contribution over the entire year.

Features


Interest rate	Guaranteed until maturity. See current rates

Eligible for these plans	Registered plans: TFSA, RRSP, FTA and RDSP. Non-registered plans.

Minimum savings objective	$1,200 for 1-year term. $3,000 for other terms.

Deposit amount and frequency	Flexible . Can be changed at any time. Frequency of transfers: weekly, every 2 weeks, twice a month or monthly.

Conversion	May be converted to a downpayment on a house at any time when the mortgage is obtained from your caisse.

Other	Desjardins caisses in Quebec are registered with the Autorité des marchés financiers, in conformity with the terms of the Deposit Insurance Act. In Ontario, deposits in registered savings plans are insured for their total amount by the Deposit Insurance Corporation of Ontario. Other deposits in Canadian dollars are insured up to $100,000. Find out more about deposit insurance. Eligible for potential member dividends. Find out more about member dividends. Savings-Life Insurance available.

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	Online	Fill out the form


	By phone (Members)	Montreal area: 514-CAISSES (514-224-7737) Elsewhere in Canada and the U.S.: 1-800-CAISSES (1-800-224-7737)


	At the caisse	Make an appointment with a caisse advisor: online by phone