Current Rates
To understand how we calculate the applicable interest, please refer to the specific product page or contact us for more details. Rates are per annum (p.a.) and are subject to change without notice.
Prime Rate
| Prime Lending Rate (effective October 30, 2025) | 4.45% |
Personal Accounts
| Perfetto. – For the balance up to $500,000 | 0.45% |
| Perfetto. – On the portion of the balance above $500,000 | 0.05% |
| Euro Savings Account | 0.05% |
Interest is not paid on our US Dollar Chequing Account.
Business Accounts
| Business Operating Account | 0.00% |
| Business Savings+ | 0.35% |
| Community (Chequing) Account – For the balance up to $5,000 | 0.00% |
| Community (Chequing) Account – On the portion of the balance between $5,000.01 and $50,000 | 0.10% |
| Community (Chequing) Account – On the portion of the balance above $50,000 | 0.20% |
Interest is not paid on our foreign (euro, USD) currency business accounts.
Guaranteed Investment Certificates - Registered*
| 1 year | 2.60% |
| 18 month | 2.55% |
| 2 year | 2.50% |
| 3 year | 2.65% |
| 4 year | 2.60% |
| 5 year | 2.55% |
* Non-redeemable. Includes FHSA, RDSP, RESP, RRIF, RRSP and TFSA.
Guaranteed Investment Certificates - Non‑Registered*
| 1 year | 2.60% |
| 18 month | 2.55% |
| 2 year | 2.50% |
| 3 year | 2.65% |
| 4 year | 2.60% |
| 5 year | 2.55% |
* Non-redeemable.
Guaranteed Investment Certificates - Short-Term, Redeemable
| 30 day | 0.00% |
| 60 day | 0.00% |
| 90 day | 0.00% |
| 180 day | 1.75% |
| 270 day | 1.85% |
| 1 year | 2.00% |
Guaranteed Investment Certificates - Short-Term, Non‑Redeemable
| 30 day | 0.40% |
| 60 day | 0.55% |
| 90 day | 0.65% |
| 180 day | 1.95% |
| 270 day | 2.00% |
US Dollar Term Deposits*
| 30 day | 0.05% |
| 60 day | 0.05% |
| 90 day | 0.05% |
| 180 day | 0.10% |
| 270 day | 0.05% |
* Minimum of $10,000 USD
Euro Term Deposits*
| 90 day | 0.10% |
* Minimum of €10,000
Variable-Rate Open Line of Credit*
| Home Equity Line of Credit (HELOC) | 5.20% |
* Subject to approval of fully qualified loans. See 'Terms and Conditions' for 'Mortgage and Line of Credit Definitions'.
Fixed-Rate Closed Mortgages*
| Term | Rate | APR 1 |
| 1 year | 4.99% | 5.77% |
| 2 year | 4.54% | 4.93% |
| 3 year | 4.39% | 4.65% |
| 4 year | 4.49% | 4.68% |
| 5 year | 4.54% | 4.70% |
* Subject to approval of fully qualified loans. See 'Terms and Conditions' for 'Mortgage and Line of Credit Definitions'.
Legacy Accounts
Please note that these accounts are no longer being opened.
| Fat Cat, Youth Savings Account | 0.45% |
| Headstart, Youth Banking Account | 0.25% |
| Investment Savings Account | 0.45% |
| Maximizer, Chequing Account | 0.00% |
| Maximizer Plus, Chequing Account – For the balance up to $300,000 | 0.45% |
| Maximizer Plus – For the portion of the balance above $300,000 | 0.00% |
| Savings Plus – For the balance up to $500,000 | 0.45% |
| Savings Plus – For the portion of the balance above $500,000 | 0.05% |
Mortgage & Line of Credit Definitions
- Fixed means that your interest rate, along with your principal and interest payments, will stay exactly the same during your mortgage term.
- Variable means that your interest rate can fluctuate based on changes to our prime rate.
- Closed means that you cannot pay down your mortgage more than your prepayment privilege without also paying a prepayment charge.
- Open means that your mortgage can be prepaid at any time without paying a prepayment charge.
Terms and Conditions
1. The Annual Percentage Rate (APR) is the cost of borrowing, including interest and fees, expressed as a percentage. The APR is not the rate used to calculate your regular payments. The APR has been calculated based on a mortgage amount of $400,000 with an amortization period of 30 years, and assumes monthly payments, no lender fee, a property valuation fee of $600 and legal fees of $2,500. If there are no additional cost of borrowing charges, the APR will be equivalent to the stated interest rate. Should any additional fees apply, the APR may increase accordingly. The calculation further assumes that the interest rate remains fixed and does not fluctuate over the term of the mortgage.
