Risk-Free RSP
5 Year RSP. 3.00%.
LOW RISK. HIGH REWARD.
With our Risk-Free RSP, you’re guaranteed a 3.00% interest rate if you lock in for the full 5 years. However, this isn’t like any other locked-term investment products; if you need access to your money for any reason, you can withdraw it anytime at a rate of 1.75% instead.*
Want an even higher rate? Ask one of our representatives about our MOR Program.
What are the Benefits of an RSP?
Predictable
Investing
Over the 5 years, your contributions will earn you more money on your balance as interest builds up.
Tax-Deductible Contributions
Contributions are tax-deductible, meaning they can be used to reduce the amount you owe on your taxes.
Tax-Sheltered
Earnings
Any interest earned on your RSP is generally exempt from tax as long as your earnings stay within the plan.
Need more reasons to switch?
We'll Pay The Transfer Fees
Looking to transfer funds from another financial institution? Ask one of our Member Relations staff how you can save on transfer-in fees.
Your Deposits Are Insured
The Financial Services Regulatory Authority of Ontario (FSRA) provides unlimited deposit insurance protection for deposits held in registered savings plans!
Connect with us today to get your RSP started!
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Interested in our other great investing rates?
Investment
Savings Account
High rate. No locking in.
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Earn interest while holding
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Secure & Flexible
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No fees on deposits
Tax Free
Savings Account
Earn tax-free interest.
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Withdraw whenever
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Earn interest without getting taxed
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No fees on deposits
1 Year
Fixed GIC
Short term lock. Solid return.
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Earn interest while holding
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Secure & Flexible
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No fees on deposits
*Deposit is for a 5-year term. Interest is paid at a rate of 3.00% annually, and either compounded or paid to the depositor each year, as the depositor elects.
Redemption of the deposit prior to the expiry of its term is permitted, but will reduce the rate paid to 1.75% annually from the date of the deposit until the date of redemption.
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