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Term savings interest rates

See interest rates and terms for our term savings, and find the best guaranteed investment for your needs.

Rates in effect on ${currentDate}

Promotion

Promotional rates

Term S@vings

  • 3.00% for a 38-month term1
  • 2.85% for an 18-month term1

Until March 27, 2026, purchase or renew eligible Term S@vings to get these rates on AccèsD.1

Term S@vings rates

This non-redeemable investment is only available online.

TermInterest rate
1 year2.70%
2 years2.80%
3 years2.90%
4 years3.00%
5 years3.15%

Term Savings rates

This non-redeemable investment is only available at a caisse or branch.

TermInterest rate
30 to 59 days1.70%
60 to 89 days1.70%
90 to 119 days1.90%
120 to 179 days1.90%
180 to 269 days2.20%
270 to 364 days2.30%
1 year2.60%
2 years2.70%
3 years2.80%
4 years2.90%
5 years3.05%
6 years3.05%
7 years3.05%
8 years3.05%
9 years3.05%
10 years3.05%

Redeemable Term Savings rates

This investment is redeemable anytime.2

TermInterest rate
1 year2.00%

Redeemable Climbing-Rate Term Savings rates

This investment offers an increasing rate and a redemption option on the anniversary date.3 The average rate shows the rate of return at maturity.

TermAverage interest rate
3 years2.65%
5 years2.90%

Regular Income Term Savings rates

This investment offers guaranteed returns and regular income for a set period.

TermInterest rate
1 year2.60%
2 years2.70%
3 years2.80%
4 years2.90%
5 years3.05%

Personalized Annuity Term Savings rates

This investment allows you to receive retirement income from your RRIF or LIF.

TermInterest rate
1 year2.60%
2 years2.70%
3 years2.80%
4 years2.90%
5 years3.05%

Need more information?

See all our term savings products and find the right investment for you.

FAQ

Should I choose redeemable or non-redeemable term savings?

Redeemable term savings allow you to withdraw funds before the investment matures. You can withdraw all or part of the amount you invested, under certain conditions depending on the product.

With non-redeemable term savings, you can’t withdraw money for the entire term.

In both cases, you’ll have to renew or redeem these investments at maturity since they’re for a fixed term.

Are term savings the same as GICs?

Term savings are similar to GICs. With both options, you invest money for a fixed period and you know how much interest you’ll earn based on the term chosen.

Rates subject to change without notice. Rates subject to change without notice. This promotional offer is valid only for non-redeemable Term S@vings products purchased or renewed online between January 8 and March 27, 2026, at 11:30 PM (Eastern Time). Eligible plans include TFSA, FHSA, RRSP and non-registered. RRIF, LIF, RDSP and LIRA plans are excluded from this online offer. This offer may change or end at any time without notice. Other conditions apply.Redemption in whole or in part is possible at all times. This transaction is free of charge. Partial redemption must be at least $1,000 with a remaining balance of at least $1,000. No interest is paid if a redemption is done in the first 30 days.Redemption in whole or in part is possible each year on the anniversary date of the investment. This transaction is free of charge and must be made during an appointment with an employee of your caisse or branch. Partial redemption must be at least $1,000 with a remaining balance of at least $1,000.