Rates

RRSP & RRIF

Effective Date: Tuesday, April 22, 2014
Fixed Rate WestEarner® RRSP
Term (Days)Fixed Short Term GIC1
30 to 3640.100%
Term (Months)Premium GIC2
121.650%
241.950%
362.000%
482.300%
602.420%
Term (Years)Convertible RRSP1
11.000%
High Rise® RRSP - 3 Year Term2
High Rise® GIC RRSPs are convertible or redeemable on anniversary dates only.
1st Year1.000%
2nd Year1.500%
3rd Year2.500%
If held to maturity, the average yield will be 1.667% (based on annual interest)
High Rise® RRSP - 5 Year Term2
High Rise® GIC RRSPs are convertible or redeemable on anniversary dates only.
1st Year1.000%
2nd Year1.250%
3rd Year2.000%
4th Year2.750%
5th Year4.500%
If held to maturity, the average yield will be 2.300% (based on annual interest)
Fixed Rate WestEarner RRIF
Term (Months)Fully Redeemable2
121.000%
241.100%
361.250%
481.600%
601.900%
Term (Months)Premium GIC2
121.650%
241.950%
362.000%
482.300%
602.420%
Term (Years)Convertible RRIF3
11.000%
WestEarner® Account
RRSP/RRIF4
(Min $50)
$50.00 - $2500.000.250%
$2500.01 & Over1.350%
Interest is calculated on the daily closing balance, at the applicable rate tier and paid to the account annually on December 31st. Note: Minimum Contribution for RRSP is $50.
 
* All rates are per annum and are subject to change without notice.
1 Interest paid at maturity
2 Interest is compounded annually
3 Interest paid at maturity or upon conversion
4 Interest is calculated on the daily closing balance and paid on Dec 31 annually.

Arrows indicate a change from previous rate bulletin