Regular Income Term Savings

Do you have non-RRSP savings, lottery winnings, a school bursary or other such funds?

You can convert these into a Regular Income Term Savings account and have the funds paid out to you by automatic periodic payments while earning an attractive rate of interest.

Features

  • Minimum amount: $10,000.
  • 1- to 5-year terms.
  • Interest rate is determined by term selected and guaranteed until maturity. See rates
  • Frequency of transfers: weekly, every two weeks, twice a month or monthly.
  • Lump sum amount may be withdrawn annually without charge or penalty1.

Advantages

  • Capital 100% guaranteed.
  • You determine the amount and frequency of withdrawals.
  • Amount and frequency can be changed each year.
  • Provides you with guaranteed returns on your total deposit for the duration of the term selected.
  • Entitles you to potential member dividends from your caisse.
How to get this product
By phone By phone
(Members and non-members)
Montreal area: 514-522-2373
Elsewhere in Canada and the US: 1-800-CAISSES (1-800-224-7737)
At the caisse At the caisse
(Members and non-members)
Make an appointment with a caisse advisor:

1. Certain conditions apply.

Interest rates

Regular Income Term Savings
As of October 11, 2008
Term
Rate
1 year
2.25%
3 years
2.85%
5 years
3.20%
Minimum investment amount: $10,000
Other terms

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