Risk-Free RSP


Fear of commitment?

This is the RSP you’ve been looking for.

or call us at 1-877-713-6236

5 Year RSP. 3.00%.


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?


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.


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!

Are you a phone person? Call us at:


Interested in our other great investing rates?

Savings Account

High rate. No locking in.
1.75% Monthly
  • Earn interest while holding
  • Secure & Flexible
  • No fees on deposits

Tax Free
Savings Account

Earn tax-free interest.
1.50% Monthly
  • Withdraw whenever
  • Earn interest without getting taxed
  • No fees on deposits

1 Year
Fixed GIC

Short term lock. Solid return.
2.30% Monthly
  • Earn interest while holding
  • Secure & Flexible
  • 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.

Copyright 2020 Luminus Financial  |  Luminus Financial Website is subject to our privacy & legal terms