Term deposit / GIC rates

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 2024-04-23)	Rates
Year 1	4.00%
Year 2	4.10%
Year 3	4.20%

The Vancity 5-Year Escalating Term Deposit (minimum balance $500) For RRSP, RRIF, RESP and RDSP only (Rates effective 2024-04-23)	Rates
Year 1	3.00%
Year 2	3.15%
Year 3	4.00%
Year 4	4.50%
Year 5	5.00%

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Non-redeemable term deposits.

Combine a lower interest rate with a predictable payment schedule and the option to repay a portion of your mortgage ahead of time.

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 2024-04-23)	Rates
Non-Redeemable, 12 to less than 18 months	4.75%
Non-Redeemable, 18 to less than 24 months	4.50%
Non-Redeemable, 24 to less than 30 months	4.50%
Non-Redeemable, 30 to less than 36 months	4.00%
Non-Redeemable, 36 to less than 48 months	4.25%
Non-Redeemable, 48 to less than 60 months	4.25%
Non-Redeemable, 60 months	4.25%

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 2024-04-23)	Rates
Non-Redeemable, 12 to less than 18 months	4.75%
Non-Redeemable, 18 to less than 24 months	4.50%
Non-Redeemable, 24 to less than 30 months	4.50%
Non-Redeemable, 30 to less than 36 months	4.00%
Non-Redeemable, 36 to less than 48 months	4.25%
Non-Redeemable, 48 to less than 60 months	4.25%
Non-Redeemable, 60 months	4.25%

Semi-Annual Interest Term Deposit (minimum balance $500) (Rates effective 2024-04-23)	Rates
Semi Annual Term, 12 to less than 18 months	4.70%
Semi Annual Term, 18 to less than 24 months	4.45%
Semi Annual Term, 24 to less than 30 months	4.45%
Semi Annual Term, 30 to less than 36 months	3.95%
Semi Annual Term, 36 to less than 48 months	4.20%
Semi Annual Term, 48 to less than 60 months	4.20%
Semi Annual Term, 60 months	4.20%

Semi-Annual Compound Interest Term Deposit (minimum balance $100) (Rates effective 2024-04-23)	Rates
Non-Redeemable, 12 to less than 18 months	4.70%
Non-Redeemable, 18 to less than 24 months	4.45%
Non-Redeemable, 24 to less than 30 months	4.45%
Non-Redeemable, 30 to less than 36 months	3.95%
Non-Redeemable, 36 to less than 48 months	4.20%
Non-Redeemable, 48 to less than 60 months	4.20%
Non-Redeemable, 60 months	4.20%

Monthly Income Term Deposit (minimum balance $1,000) (Rates effective 2024-04-23)	Rates
Non-Redeemable, 12 to less than 18 months	4.65%
Non-Redeemable, 18 to less than 24 months	4.40%
Non-Redeemable, 24 to less than 30 months	4.40%
Non-Redeemable, 30 to less than 36 months	3.90%
Non-Redeemable, 36 to less than 48 months	4.15%
Non-Redeemable, 48 to less than 60 months	4.15%
Non-Redeemable, 60 months	4.15%

Monthly Plus Income Term Deposit (minimum balance $1,000) (Rates effective 2024-04-23)	Rates
Non-Redeemable, 12 to less than 18 months	4.75%
Non-Redeemable, 18 to less than 24 months	4.50%
Non-Redeemable, 24 to less than 30 months	4.50%
Non-Redeemable, 30 to less than 36 months	4.00%
Non-Redeemable, 36 to less than 48 months	4.25%
Non-Redeemable, 48 to less than 60 months	4.25%
Non-Redeemable, 60 months	4.25%

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Cashable term deposits.

Cashable Term Deposit (minimum balance $500) (Rates effective 2024-04-23)	Rates
Cashable (30 Day Lock-out) Term, 12 months	3.00%
Cashable (90 Day Lock-out) Term, 12 months	3.05%

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Redeemable term deposits.

Take advantage of a lower interest rate and fixed monthly payments with a variable mortgage, available with open or fixed term.

Long Term Redeemable (minimum balance $500) (Rates effective 2024-04-23)	Rates
Redeemable, 12 to less than 24 months	1.50%
Redeemable, 24 to less than 36 months	1.75%
Redeemable, 36 to less than 48 months	2.00%
Redeemable, 48 to less than 60 months	2.50%
Redeemable, 60 Months	3.00%

Short Term Redeemable (minimum balance $5,000) (Rates effective 2024-04-23)	Rates
Short Term, 30-59 days	1.75%
Short Term, 60-89 days	1.85%
Short Term, 90-119 days	2.15%
Short Term, 120-179 days	2.50%
Short Term, 180-269 days	2.50%
Short Term, 270-364 days	2.65%

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RRSP/RRIF convertible term deposits.

Get a low interest rate guaranteed for 5 years, predictable fixed payments and the flexibility to prepay annually a portion of your mortgage ahead of time.

RRSP/RRIF Convertible Term Deposit (minimum balance $500) (Rates effective 2024-04-23)	Rates
12 Month RRIF Convertible	2.65%

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USD term deposits.

Get a low interest rate guaranteed for 5 years, predictable fixed payments and the flexibility to prepay annually a portion of your mortgage ahead of time.

U.S. Dollar Short-Term Redeemable (minimum balance US$5,000) (Rates effective 2024-04-23)	Rates
Short Term, US$, 30-59 days	1.75%
Short Term, US$, 60-89 days	1.95%
Short Term, US$, 90-119 days	2.15%
Short Term, US$, 120-179 days	2.40%
Short Term, US$, 180-269 days	3.50%
Short Term, US$, 270-364 days	3.50%

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Our term deposit rates.

4.75%^‡

4.50%^‡

4.50%

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