Interest rate
2.90% to 3.40%
Terms available
1 to 5 years
Redeemability
Non-redeemable
Promotions
Already contributed the maximum amount to your TFSA for 2025?
Until December 31, 2025, invest your 2026 TFSA contribution in term savings and get a promotional rate of 2.75%
At maturity on January 5, 2026, your capital will be automatically transferred to your TFSA savings account.
Why choose Term S@vings?
Guaranteed principal and interest
The money you invest is guaranteed and earns interest at a fixed rate.
Return known from day one
Your investment return is guaranteed, no matter how the market performs.
Online-exclusive investment
Log in to AccèsD to purchase this investment on your own.
Term S@vings interest rates
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Fixed rate – 1 to 5 years
| Term | Interest rate |
|---|---|
| 1 year | 2.90% |
| 2 years | 2.95% |
| 3 years | 3.00% |
| 4 years | 3.10% |
| 5 years | 3.40% |
Eligible savings plans and accounts
| Plan or account | Minimum investment |
|---|---|
| TFSA | $500 |
| FHSA | $500 |
| RRSP | $500 |
| Non-registered | $1,000 |
Renew your term savings on AccèsD
If your term savings investment is eligible for online renewal, you can renew it on AccèsD 60 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.