Term Deposit Offer
Earn 2.15% interest* On New Deposits For A Limited Time!
Get a guaranteed rate of 2.15%*. This limited-time, 1-year non-redeemable term deposit is available for new deposits of $2,500+, and is eligible for both registered and non-registered products.
The best part? Your deposit and interest are 100% guaranteed** at maturity, regardless of market movements.
This offer May Be Right For you If:
- You’ve been waiting for the “right time” to invest some idle cash.
Avoid accruing limited interest in a chequing or savings account. A 1-year commitment with a guaranteed 2.15%* return allows you to diversify your saving strategy or dip your toe into the market to get your money working for you.
- You like the idea of laddering.
Laddering maximizes your investment return, as deposits have different maturity dates. By staggering your terms into 1-year to 5-year investments you can access and/or reinvest your funds as new opportunities arise, without being locked into a long-term commitment.
- You’re saving for a vacation, renovation or big event in a year’s time.
Grow your saved amount with a 2.15%* term deposit. With your principal amount protected and return guaranteed, there’s no down-side to investing your funds for the year. Plus you’ll have more to spend by the time you need to access your money.
- You’re retired or nearing retirement.
As you get closer to retirement, the idea of longer-term investments may not work for you. This 1-year 2.15%* term allows you to keep funds earning, without a lengthy lock-in timeframe.
Ready to get started?
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The Legal Stuff:
*Terms and conditions apply. Limited time offer. All rates and products are subject to change without notice. This offer is eligible for new investments to Connect First Credit Union between $2,500 and $2,000,000. A new dollar amount of $2,500 must be applied to investment to qualify for the promotional rate. New dollar amount shall be defined as money transferred in from an external source within the last 30 days. All principal and interest is 100% guaranteed by the Credit Union Deposit Guarantee Corporation, excluding common shares, investment shares, and mutual funds. This offer is eligible for non-registered investment products, RSPs, RIFs and TFSAs.