Long-term redeemable deposits

Personal

Business

Why us

Join us

Low-risk investments to be fearless with.

Vancity deposits help support

Building energy-efficient homes and retrofits.

Time Horizon

1 to 5 years

Risk

Low risk, guaranteed return

Options for

Non-registered accounts

Get started

Ask the pros.

Our pros with some advice on this term deposit.

Should I get a redeemable term deposit or a non-redeemable one?

Think about whether you'll need to use the money during the investment period. If you can commit to leaving it untouched, non-redeemable will give you a better rate. If you're unsure, you can also split your investment and put some in each.

What if I want to invest longer?

Mutual funds* introduce risk but could potentially earn more than term deposits if you're investing longer than 5 years. The best portfolios include a mix of investments so you can get potentially higher returns and the access you need. Let's chat! Our professional advice is always free.

How do I withdraw from my term deposit?

To withdraw from a term deposit, please call us, visit a branch or send us a secure message in Online Banking with your request.

Term deposits have different conditions around withdrawing before maturity which will affect the interest you earn.

Non-redeemable term deposits cannot be withdrawn before maturity.

Get free personalized advice

Let's get saving.

Members can open non-registered term deposits or add a term deposit to an existing TFSA, RRSP, RRIF or RDSP in Account Services.

New to Vancity or opening a new TFSA, RRSP, RRIF or other registered account? Let's chat.

Book a call

Long-term redeemable term deposits

Low-risk investments to be fearless with.

Show me the goods.

Earning interest.

Interest type

Minimum balance

Ask the pros.

Let's get saving.

Online

Talk to a pro

Long-term redeemable term deposits

Low-risk investments to be fearless with.

Show me the goods.

Earning interest.

Interest type

Minimum balance

Ask the pros.

Let's get saving.

Online

Talk to a pro

Explore other deposits.

Cashable term deposit

Non-redeemable