Callable Term Deposits 

Term Deposits are secure investments that can generally offer a higher rate of interest than a simple savings account. Term Deposits are available in Canadian Dollars only for a variety of term lengths. With the IC Savings Callable Term Deposit, we guarantee your principal and interest, while giving you the option to cash out at any time. We commit for a 1-year term and you earn a guaranteed rate of interest, even though the deposit is callable (i.e., cashable) at your option.

At the end of the term, you redeem the full amount of your deposit plus your interest, guaranteed! If you decide you need your money back sooner, you have the option to withdraw your funds at any point in time, with interest paid up to the time of withdrawal.