Term deposit / GIC rates

Rates are subject to change without notice. For more information about Vancity's interest rates, please call us at 604.877.7000 or toll-free at 1.888.Vancity (826.2489).

Escalating term deposits

Escalating term deposits are eligible with non-registered accounts, TFSA, RRSP, RRIF, RESP and RDSP.

The Vancity 3-Year Escalating Term Deposit (minimum balance $500)
(Rates effective 2022-06-23)
Rates
Year 1 2.85%
Year 2 3.10%
Year 3 5.00%
The Vancity 5-Year Escalating Term Deposit (minimum balance $500)
For RRSP, RRIF, RESP and RDSP only
(Rates effective 2022-06-23)
Rates
Year 1 2.85%
Year 2 3.20%
Year 3 3.30%
Year 4 4.00%
Year 5 5.00%

Non-redeemable term deposits

For registered accounts

This term deposit is eligible with TFSA, RRSP, RRIF, RESP, RDSP accounts.

Annual / Annual Compound Interest Term Deposit (minimum balance $500)
(Rates effective 2022-06-23)
Rates
Non-Redeemable, 12 to less than 18 months 3.15%
Non-Redeemable, 18 to less than 24 months 3.15%
Non-Redeemable, 24 to less than 30 months 3.50%
Non-Redeemable, 30 to less than 36 months 3.20%
Non-Redeemable, 36 to less than 48 months 3.80%
Non-Redeemable, 48 to less than 60 months 4.00%
Non-Redeemable, 60 months 4.10%

For non-registered accounts

You can choose how often you receive interest payments. If you'd like to leave your interest earned in the account to compound instead of paying out, give us a call or visit us in-person.

Annual / Annual Compound Interest Term Deposit (minimum balance $500)
(Rates effective 2022-06-23)
Rates
Non-Redeemable, 12 to less than 18 months 3.15%
Non-Redeemable, 18 to less than 24 months 3.15%
Non-Redeemable, 24 to less than 30 months 3.50%
Non-Redeemable, 30 to less than 36 months 3.20%
Non-Redeemable, 36 to less than 48 months 3.80%
Non-Redeemable, 48 to less than 60 months 4.00%
Non-Redeemable, 60 months 4.10%

Semi-Annual Interest Term Deposit (minimum balance $500)
(Rates effective 2022-06-23)
Rates
Semi Annual Term, 12 to less than 18 months 3.10%
Semi Annual Term, 18 to less than 24 months 3.10%
Semi Annual Term, 24 to less than 30 months 3.45%
Semi Annual Term, 30 to less than 36 months 3.15%
Semi Annual Term, 36 to less than 48 months 3.75%
Semi Annual Term, 48 to less than 60 months 3.95%
Semi Annual Term, 60 months 4.05%

Semi-Annual Compound Interest Term Deposit (minimum balance $100)
(Rates effective 2022-06-23)
Rates
Non-Redeemable, 12 to less than 18 months 3.10%
Non-Redeemable, 18 to less than 24 months 3.10%
Non-Redeemable, 24 to less than 30 months 3.45%
Non-Redeemable, 30 to less than 36 months 3.15%
Non-Redeemable, 36 to less than 48 months 3.75%
Non-Redeemable, 48 to less than 60 months 3.95%
Non-Redeemable, 60 months 4.05%

Monthly Income Term Deposit (minimum balance $1,000)
(Rates effective 2022-06-23)
Rates
Non-Redeemable, 12 to less than 18 months 3.05%
Non-Redeemable, 18 to less than 24 months 3.05%
Non-Redeemable, 24 to less than 30 months 3.40%
Non-Redeemable, 30 to less than 36 months 3.10%
Non-Redeemable, 36 to less than 48 months 3.70%
Non-Redeemable, 48 to less than 60 months 3.90%
Non-Redeemable, 60 months 4.00%

Monthly Plus Income Term Deposit (minimum balance $1,000)
(Rates effective 2022-06-23)
Rates
Non-Redeemable, 12 to less than 18 months 3.15%
Non-Redeemable, 18 to less than 24 months 3.15%
Non-Redeemable, 24 to less than 30 months 3.50%
Non-Redeemable, 30 to less than 36 months 3.20%
Non-Redeemable, 36 to less than 48 months 3.80%
Non-Redeemable, 48 to less than 60 months 4.00%
Non-Redeemable, 60 months 4.10%

Cashable term deposits

Cashable term deposits are eligible with non-registered accounts or TFSA.

Cashable Term Deposit (minimum balance $500)
(Rates effective 2022-06-23)
Rates
Cashable (30 Day Lock-out) Term, 12 months 1.50%
Cashable (90 Day Lock-out) Term, 12 months 1.80%

Redeemable term deposits

Redeemable term deposits are eligible with non-registered accounts only.

Long Term Redeemable (minimum balance $500)
(Rates effective 2022-06-23)
Rates
Redeemable, 12 to less than 24 months 1.15%
Redeemable, 24 to less than 36 months 1.40%
Redeemable, 36 to less than 48 months 1.65%
Redeemable, 48 to less than 60 months 1.90%
Redeemable, 60 Months 2.25%
Short Term Redeemable (minimum balance $5,000)
(Rates effective 2022-06-23)
Rates
Short Term, 30-59 days 0.25%
Short Term, 60-89 days 0.35%
Short Term, 90-119 days 0.45%
Short Term, 120-179 days 0.45%
Short Term, 180-269 days 0.55%
Short Term, 270-364 days 0.65%

RRSP/RRIF convertible term deposits

RRSP/RRIF convertible term deposits are eligible with RRSP and RRIF.

RRSP/RRIF Convertible Term Deposit (minimum balance $500)
(Rates effective 2022-06-23)
Rates
12 Month RRIF Convertible 1.50%

USD term deposits

USD term deposits are eligible with non-registered accounts only.

U.S. Dollar Short-Term Redeemable (minimum balance US$5,000)
(Rates effective 2022-06-23)
Rates
Short Term, US$, 30-59 days 0.05%
Short Term, US$, 60-89 days 0.05%
Short Term, US$, 90-119 days 0.10%
Short Term, US$, 120-179 days 0.10%
Short Term, US$, 180-269 days 0.10%
Short Term, US$, 270-364 days 0.15%