For guaranteed returns or shorter term investments, it’s tough to beat term deposits. Whether you’re saving small amounts or big amounts, you get competitive rates and lots of choice to match your investment needs.
Non-redeemable term deposit
Features and benefits
$500 minimum investment
Term lengths from 12 months to 60 months
Interest guaranteed and compounded annually
No fees
Redeemable only at maturity
3-year escalating term deposit
Provides you with an interest rate guaranteed to rise each year and the flexibility to switch to another Vancity investment without penalty.
Features and benefits
$500 minimum investment
Rates guaranteed to increase each year
Pays higher average interest rate than regular three-year term deposits
Interest compounded annually
Redeemable only at maturity, but convertible on each anniversary to another Vancity term deposit or investment, or a Credential Direct investment
5-year escalating term deposit
Guaranteed annual rate increases keep your returns on the rise. On the third and fourth anniversary, you are free to switch your investment to any Vancity investment option without penalty.
Features and benefits
$500 minimum investment
Rates guaranteed to increase each year
Pays higher average interest rate than regular five-year term deposits
Interest compounded annually
Redeemable only at maturity, but convertible on the third and fourth anniversary to another Vancity term deposit or investment, or a Credential Direct investment
If you transfer your investment to another financial institution once it matures, a $25 transfer fee applies.
Features and benefits
