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
Minimum deposit
$1,000
Return
- 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)
Other
- Learn more about deposit insurance.
- Entitles you to any member dividends your caisse may pay.
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