Escalating term deposits.
For non-registered accounts.
| The Vancity 3-Year Escalating Term Deposit (minimum balance $500) | Rates as of 2026-02-27 |
|---|---|
| Year 1 | 2.85% |
| Year 2 | 3.30% |
| Year 3 | 3.60% |
Our term deposit rates.
Lock in a great rate for funds that you aren’t using in the short and medium term.
Types of term deposits
2.95%‡
Limited time offer
1 year non-redeemable
Exclusive on new deposits to registered accounts.
3.25%‡
Promotional rate
3 year non-redeemable
Grow your savings faster with registered accounts.
3.10%‡
Limited time offer
1 year registered impact term deposit
Earn competitive returns and support community impact initiatives.
Non-redeemable term deposits.
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 as of 2026-02-27 |
|---|---|
| Non-redeemable, 12 to less than 18 months | 2.85% |
| Non-redeemable, 18 to less than 24 months | 2.90% |
| Non-redeemable, 24 to less than 30 months | 3.00% |
| Non-redeemable, 30 to less than 36 months | 3.05% |
| Non-redeemable, 36 to less than 48 months | 3.15% |
| Non-redeemable, 48 to less than 60 months | 3.25% |
| Non-redeemable, 60 months | 3.30% |
| Semi-Annual Interest Term Deposit (minimum balance $500) | Rates as of 2026-02-27 |
|---|---|
| Semi-annual term, 12 to less than 18 months | 2.80% |
| Semi-annual term, 18 to less than 24 months | 2.85% |
| Semi-annual term, 24 to less than 30 months | 2.95% |
| Semi-annual term, 30 to less than 36 months | 3.00% |
| Semi-annual term, 36 to less than 48 months | 3.10% |
| Semi-annual term, 48 to less than 60 months | 3.20% |
| Semi-annual term, 60 months | 3.25% |
| Semi-Annual Compound Interest Term Deposit (minimum balance $100) | Rates as of 2026-02-27 |
|---|---|
| Semi-annual term, 12 to less than 18 months | 2.80% |
| Semi-annual term, 18 to less than 24 months | 2.85% |
| Semi-annual term, 24 to less than 30 months | 2.95% |
| Semi-annual term, 30 to less than 36 months | 3.00% |
| Semi-annual term, 36 to less than 48 months | 3.10% |
| Semi-annual term, 48 to less than 60 months | 3.20% |
| Semi-annual term, 60 months | 3.25% |
| Monthly Income Term Deposit (minimum balance $1,000) | Rates as of 2026-02-27 |
|---|---|
| Non-redeemable, 12 to less than 18 months | 2.75% |
| Non-redeemable, 18 to less than 24 months | 2.80% |
| Non-redeemable, 24 to less than 30 months | 2.90% |
| Non-redeemable, 30 to less than 36 months | 2.95% |
| Non-redeemable, 36 to less than 48 months | 3.05% |
| Non-redeemable, 48 to less than 60 months | 3.15% |
| Non-redeemable, 60 months | 3.20% |
| Monthly Plus Income Term Deposit (minimum balance $1,000) | Rates as of 2026-02-27 |
|---|---|
| Non-redeemable, 12 to less than 18 months | 2.85% |
| Non-redeemable, 18 to less than 24 months | 2.90% |
| Non-redeemable, 24 to less than 30 months | 3.00% |
| Non-redeemable, 30 to less than 36 months | 3.05% |
| Non-redeemable, 36 to less than 48 months | 3.15% |
| Non-redeemable, 48 to less than 60 months | 3.25% |
| Non-redeemable, 60 months | 3.30% |
Vancity Impact™ Term Deposit.
With the Vancity Impact™ Term Deposit, you’ll simply earn interest at maturity while knowing your money is helping finance local impact projects.
| Vancity Impact™ Term Deposit (minimum balance $500) | Rates as of 2026-01-28 |
|---|---|
| Non-registered, non-redeemable | 3.00% |
| RRSP, TFSA, RRIF, non-redeemable | 3.10% |
Cashable term deposits.
Interest is paid at maturity or upon withdrawal.
| Cashable Term Deposit (minimum balance $500) | Rates as of 2025-12-18 |
|---|---|
| Cashable (30-day lock-out) term, 12 months | 2.15% |
| Cashable (90-day lock-out) term, 12 months | 2.25% |
RRSP/RRIF convertible term deposits.
You’ll earn simple interest at maturity or at conversion. The interest gets reinvested with your principle if you renew the term deposit or goes into the new investment when you convert.
| RRSP/RRIF Convertible Term Deposit (minimum balance $500) | 2026-02-27 |
|---|---|
| 12-month RRIF convertible | 1.75% |
Planet-Wise™ index-linked term deposit
Choose the Planet-Wise™ index-linked term deposit that offers your ideal term and rate details.
| 3-year non-redeemable¹ | 5-year non-redeemable¹ | |
|---|---|---|
| Guaranteed minimum rate Your principal is protected, no matter if the market rises or falls. | 0.00% | 0.00% |
| Maximum cap rate | 17.00% (5.37% annual compound) | 40.00% (6.96% annual compound) |
USD term deposits.
Get a guaranteed interest rate as long as your money stays put until maturity. You can withdraw your money at any time but, if you do so before the maturity date, you won’t receive any interest, only your deposited amount. Simple interest is paid in USD at maturity. If redeeming early, you will need to redeem the whole amount.
Special 3.85% rate offer
Earn this limited time rate with our 364-day USD Short-Term Redeemable Term Deposit. Eligible with new deposits to Vancity. View FAQs or terms & conditions.
| U.S. Dollar Short-Term Redeemable (minimum balance US$5,000) | Rates as of as of 2024-11-19 |
|---|---|
| Short-term, US$, 30 to 59 days | 1.75% |
| Short-term, US$, 60 to 89 days | 1.95% |
| Short-term, US$, 90 to 119 days | 2.15% |
| Short-term, US$, 120 to 179 days | 2.40% |
| Short-term, US$, 180 to 269 days | 3.10% |
| Short-term, US$, 270 to 364 days | 3.15% |
Open a term deposit online.
Members can open non-registered term deposits or add a term deposit to an existing TFSA, RRSP, FHSA, RRIF, or RDSP in Account Services.
Talk to a pro.
New to vancity or opening a new TFSA, RRSP, FHSA, RRIF, or other registered account? Let’s chat.
‡
Rate is subject to change or may be withdrawn without notice at any time. Terms and Conditions for each term deposit apply: