Rates

RRSP & RRIF

Effective Date: Thursday, March 11, 2010
Fixed Rate WestEarner® RRSP
Term (Days)Fixed Short Term GIC1
30 to 3640.100%
Term (Months)Premium GIC2
121.100%
241.950%
362.500%
482.900%
603.250%
Term (Years)Convertible RRSP1
10.250%
High Rise® RRSP - 3 Year Term2
High Rise® GIC RRSPs are convertible or redeemable on anniversary dates only.
1st Year0.500%
2nd Year1.450%
3rd Year3.750%
If held to maturity, the average yield will be 1.900% (based on annual interest)
High Rise® RRSP - 5 Year Term2
High Rise® GIC RRSPs are convertible or redeemable on anniversary dates only.
1st Year0.500%
2nd Year1.500%
3rd Year2.100%
4th Year2.600%
5th Year6.200%
If held to maturity, the average yield will be 2.580% (based on annual interest)
Fixed Rate WestEarner RRIF
Term (Months)Fully Redeemable2
120.900%
241.650%
361.950%
482.100%
602.500%
Term (Months)Premium GIC2
121.100%
241.950%
362.500%
482.900%
603.250%
Term (Years)Convertible RRIF3
10.250%
WestEarner® Account
RRSP/RRIF4
(Min $50)
$50.00 - $2500.000.250%
$2500.01 & Over0.300%
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