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Accord D RRSP financing

Borrowing to contribute to your RRSP could be beneficial. The real cost of the loan is offset by your income tax savings, and, of course, by the investment income that accumulates tax free.

Accord D RRSP financing1 compares favourably with the RRSP loan. The interest rate is as good as that on a Desjardins RRSP loan. Accord D financing is the ideal solution for your RRSP contribution or if you want to invest the loan amount in a Desjardins investment vehicle2.

Features

  • Interest rate as good as that on an RRSP loan3. View interest rates
  • Accord D RRSP financing rate is separate from the rate applicable to your current transactions on your VISA Desjardins card.
  • Payments in equal instalments over a 12- to 60-month period, depending on the amount required and included in the minimum amount due on your VISA Desjardins card.

Advantages

  • Application processed in less than 15 minutes4.
  • Death and disability coverage5 only for the primary accountholder is automatically included. No other form of financing offers you this advantage!
  • You can take advantage of a six-month period to defer payment of the principal on your financing until you get your income tax refund (if you are eligible for such a refund).
  • Pay your Accord D Desjardins RRSP financing ahead of schedule at any time, without penalty.



Online Online
(Members)
AccèsD Internet users:
  • Log on to AccèsD
  • Follow the instructions on the appropriate page.

AccèsD Internet non-users: Fill out the form
By phone By phone
(Members and non-members)
Montreal area: 514-522-2373
Elsewhere in Canada and the U.S.: 1-800-CAISSES (1-800-224-7737)
At the caisse At the caisse
(Members and non-members)
Make an appointment with a caisse advisor:
Documents to bring to your meeting

1. Subject to approval by the Desjardins Card Services credit department.
2. Borrowing to invest is a leverage opportunity. If the loan amount is invested in investment funds, the risk is even higher. See a Mutual Funds Representative to find out more.
3. Cash advance must be invested in a Desjardins investment vehicle to benefit from this rate.
4. During Desjardins Card Services credit department business hours.
5. Insurance coverages are underwritten by Desjardins Financial Security Life Assurance Company. Certain conditions and restrictions apply.

Interest rate

Accord D RRSP financing ($12,500 or less) – Fixed rate
As of December 1, 2008
Term
Rate
1 year
5.60%
5 years
7.95%
Other rates - RRSP loan

Publications

Money working for people

Les grands prix Québécois de la qualité - Grand Prix 2007