Term Savings
Invest in Term Savings and choose from multiple term options with competitive rates.
Not a member? Schedule a call to book an appointment.
Interest rate
1.70% to 3.25%
Terms available
30 days to 10 years
Redeemability
Non-redeemable
Why choose Term Savings?
Guaranteed principal and interest
The money you invest is guaranteed and earns interest at a fixed rate.
Competitive interest rates
Get a competitive rate for your investment, depending on the term length you choose.
Tax benefits
You can hold your term savings in several registered savings plans.
Term Savings interest rates
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Most common term lengths
| Term | Interest rate |
|---|---|
| 1 year | 2.60% |
| 3 years | 3.00% |
| 5 years | 3.25% |
Fixed rate – Less than 1 year
| Term | Interest rate |
|---|---|
| 30 to 59 days | 1.70% |
| 60 to 89 days | 1.70% |
| 90 to 119 days | 1.90% |
| 120 to 179 days | 1.90% |
| 180 to 269 days | 2.20% |
| 270 to 364 days | 2.30% |
Fixed rate – 1 to 10 years
| Term | Interest rate |
|---|---|
| 1 year | 2.60% |
| 2 years | 2.85% |
| 3 years | 3.00% |
| 4 years | 3.05% |
| 5 years | 3.25% |
| 6 years | 3.25% |
| 7 years | 3.25% |
| 8 years | 3.25% |
| 9 years | 3.25% |
| 10 years | 3.25% |
Eligible savings plans and accounts
| Plan or account | Minimum investment – Less than 1 year | Minimum investment – 1 to 10 years |
|---|---|---|
| TFSA, FHSA, RRSP, RRIF, RDSP, locked-in RRSP and locked-in accounts like LIRA and LIF | $5,000 | $500 |
| Non-registered | $5,000 | $1,000 |
Renew your term savings on AccèsD
If your term savings investment is eligible for online renewal, you can renew it on AccèsD 25 days before maturity (see how to renew online your term savings).
More information
Deposit insurance coverage
Your investment is eligible for deposit insurance, up to a certain limit.
Eligible for member dividends
Term savings are included when calculating your member dividends, if your caisse or credit union pays them.
Book an appointment to invest in term savings
By phone
Montreal area:
514-224-7737 This link opens your phone app. (514-CAISSES)
Elsewhere in Canada:
1-800-224-7737 This link opens your phone app. (1-800-CAISSES)
Or we can call you when it's convenient.