CWB Canadian Western Bank

WestEarner® Convertible RRIF GIC

Maximum flexibility, because you never know what your retirement will bring.

Three generations of men working in a shop

Having flexible options to manage your retirement income is important. The WestEarner Convertible RRIF offers a floating rate with the option to convert to a fixed rate at any time.

Term length  1 year
Minimum investment  $5,000
Interest rate  Floats with CWB Prime
Interest paid  At maturity
  • Benefit when interest rates rise while having the flexibility to convert to another WestEarner GIC at any time.
  • Select when you would like to receive your required minimum annual payment. You can set up your payments as monthly, quarterly, semi-annually or annually depending on what works best for you.
  • Choose to renew automatically for maximum convenience.
Term Rate 
12 months 1.950%
Minimum $5,000.00 deposit. Interest is paid at maturity or on conversion.
Effective date: 10-Dec-18
Posted rates available at branches only. All rates are per annum and are subject to change without notice. For deposits greater than $100,000, please contact your branch for rates.
CDIC bilingual

CWB Prime

CDN 3.95%
US    5.25%

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Stop by your local branch or call today to get started. One of our personal banking specialists will be pleased to help you.

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