Rates

We offer competitive rates to help you maximize your earnings and manage your growing portfolio.

Rates are quoted on a per annum percentage unless otherwise stated.

Guaranteed Investment Certificates (GICs) 1 to 10 Years1

Minimum Deposit Term
1 2 3 4 5 6 7 8 9 10
Annual & Compound Annual $1000 0.69% 0.89% 0.93% 1.10% 1.35% 1.65% 1.70% 1.75% 1.85% 1.85%
Semi-Annual $1000 0.65% 0.85% 0.89% 1.06% 1.31% 1.61% 1.66% 1.71% 1.81% 1.81%
Quarterly $1000 0.62% 0.82% 0.86% 1.03% 1.28% 1.58% 1.63% 1.68% 1.78% 1.78%
Monthly* $1000 0.60% 0.80% 0.84% 1.01% 1.26% 1.56% 1.61% 1.66% 1.76% 1.76%
30 Day Cashable** $1000 0.05% - - - - - - - - -

Short-Term Deposits 30 to 270 Days1

Minimum Deposit Term
30 60 90 120 180 270
Paid at Maturity $1000 0.15% 0.15% 0.15% 0.15% 0.15% 0.15%

Tax-Free Savings Accounts1

Account Type Minimum Deposit Rates
Tax-Free Savings Account $25 0.05%

Tax-Free GICs 1 to 5 Years1

Minimum Deposit Term
1 2 3 4 5
Annual & Compound Annual $500 0.50% 0.50% 0.50% 0.50% 0.50%
Semi-Annual $500 0.46% 0.46% 0.46% 0.46% 0.46%
Quarterly $500 0.43% 0.43% 0.43% 0.43% 0.43%
Monthly* $500 0.41% 0.41% 0.41% 0.41% 0.41%
30 Day Cashable** $500 0.05% - - - -

Tax-Free Short-Term GIC 30 to 270 Days1

Minimum Deposit Term
30 60 90 120 180 270
Paid at Maturity $500 0.15% 0.15% 0.15% 0.15% 0.15% 0.15%

Prepared by CANNEX Friday, August 7, 2020 11:01:56 AM.
This information is current as of the date and time posted and is subject to change without notice.
© Copyright 2020 CANNEX Financial Exchanges Limited. All rights reserved.

*Monthly interest paid only by pre - authorized direct deposit to your bank account.
**Our 1 year cashable after 30 days with per diem interest at the contract rate.

1 Deposit products may be issued by Equitable Bank, or by Equitable Trust—a wholly-owned subsidiary of Equitable Bank—or both. Please contact our Deposit Services team for additional details around how to purchase our products.


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