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  5. Floating Rate Redeemable Term Deposit

Floating rate redeemable term deposit

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Floating rate redeemable term deposit

Put your money to work with an interest-earning investment you can redeem after a short period of time as you see fit. Calculated based on the CWB Prime rate, if the rate goes up, so does your investment. If rates decline, you can fully redeem your deposit and interest with no interest penalty anytime 30 days after investing.

The monthly interest option for Gold Leaf PLUS® clients provides a steady income stream.

 Term Rate
30 days to 3 years   3.800%

Effective date: 30-January-2023
Minimum $1,000 deposit. Posted rates available at Canadian Western Bank branches only. Applicable for deposits up to $100,000 and subject to change without notice. For deposits greater than $100,000, please contact your branch.

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