Redeemable Climbing-Rate Term Savings

Interest rate rises each year

  • Capital 100% guaranteed
  • 3- and 5-year terms
  • Interest rate increases from year to year, guaranteed until maturity
  • Redeemable on the anniversary date under certain conditions

It's ideal if you want to earn higher returns or save for a medium-term project.

Interest rate

  • Increases from year to year
  • Guaranteed until maturity

See current rates

Minimum deposit



  • redeemable: on the anniversary date, you can redeem all or a portion with no penalty (partial withdrawal of at least $1,000 if you maintain a balance of $1,000)


1. For income tax purposes, interest declared annually is based on average return at maturity.

  • Increasing yield: Interest rate that increases every year
  • Flexible:
    • You can redeem all or part of your investment at anniversary dates
    • Ideal when interest rates are rising
  • Stable and secure: your capital and interest are guaranteed