Rates

Featured Rates

High Interest eSavings Account Rates
All Balances 1.95%
Annualized interest rate calculated daily on the closing balance and paid monthly.
No Fee eChequing Account Rates
All Balances 0.05%
Annualized interest rate calculated daily on the daily closing balance and paid monthly.
TFSA eSavings Account Rates
All Balances 1.95%
Interest rate is annualized and subject to change without notice. Interest is calculated daily on the closing balance and paid monthly.
RRSP eSavings Account Rates
All Balances 1.95%
Interest rate is annualized and subject to change without notice. Interest is calculated daily on the closing balance and paid monthly.
eTerm Deposit Annual Interest (Rates effective 2016-12-20) Rates
1 Year 1.50%
2 Year * 1.85%
3 Year 1.70%
4 Year 1.80%
5 Year 1.90%
*Registered 2 Year eTerm rate.
Minimum Deposit $500
1-5 Year eTerm Deposits: Annual compound interest paid monthly or annually
eTerm Deposits are only available for purchase through online banking
1 Year Redeemable Promo (Rates effective 2016-12-20) Rates
1 Year Redeemable Term Deposit - New Money Only 1.50%
Rate subject to change without notice. Available for new deposits only. Annual compound interest paid at maturity. If term is redeemed after 60 days prior to the 1 year anniversary, simple interest will be calculated. Rate shown for annual interest. Maximum investment $500,000. Available to personal accounts only. Visit alterna.ca or an Alterna branch for details.
28 Month Term Deposit (Rates effective 2016-12-20) Rates
28 Month Term Deposit 1.75%
Rate subject to change without notice. Annual compound interest paid monthly or annually. Rate shown for annual interest. Maximum investment $500,000.
38 Month Term Deposit (Rates effective 2016-12-20) Rates
38 Month Term Deposit 1.95%
Rate subject to change without notice. Annual compound interest paid monthly or annually. Rate shown for annual interest. Maximum investment $500,000.
3 Year Nest Egg Term Deposit (Rates effective 2016-12-20) Rates
3 Year Nest Egg Term Deposit 1.75%
Rate subject to change without notice. Interest calculated on the daily closing balance and paid annually. Rate shown for annual interest.
Investment Savings Account** (non-Registered & RRSP) Rates
$0.01 - $4,999.99 0.15%
$5,000.00 and Over 0.70%
Investment Savings Account** (Tax-Free Savings Account) Rates
$0.01 - $4,999.99 0.70%
$5,000.00 and Over 0.70%
Term Deposits Rates
See more term deposits
1 Year Redeemable 0.75%
1 Year Fixed - Annual Interest 1.15%
1 Year Fixed - Monthly Interest 1.14%
2 Year Closed - Annual Interest 1.20%
3 Year Closed - Annual Interest 1.20%
2 Year Closed - Monthly Interest 1.19%
3 Year Closed - Monthly Interest 1.19%
3 Year Flexi Term 1.20%
4 Year Closed - Annual Interest 1.35%
4 Year Closed - Monthly Interest 1.34%
5 Year Closed - Annual Interest 1.60%
5 Year Flexi Term 1.60%
5 Year Closed - Monthly Interest 1.59%
Note: The 1, 2, 3, 4 and 5-year annual interest term deposits, 3 and 5-year rate builder and 18-month fixed term deposits are also available as TFSAs.
1 Year Redeemable: Annual compound interest paid at redemption or at maturity
1 – 5 Year Term Deposits: Annual compound interest paid monthly or annually
18-23 Month Term Deposit: Annual compound interest paid annually and at maturity
Flexi Term Deposit: Annual compound interest paid annually and at maturity
3 year rate builder - Effective Yield: 1.20% (Rates effective 2016-12-20) Rates
Year 1 1.00%
Year 2 1.20%
Year 3 1.40%
RateBuilder Term Deposits:  Annual compound interest paid annually or at maturity
5 year rate builder - Effective Yield: 1.60% (Rates effective 2016-12-20) Rates
Year 1 0.80%
Year 2 1.30%
Year 3 1.40%
Year 4 1.50%
Year 5 3.01%
RateBuilder Term Deposits:  Annual compound interest paid annually or at maturity
Rates are subject to change without notice and are for information only. Promotional rates on term deposits are for registered and non-registered deposits. For more information about personal loan rates contact us.
**Interest is calculated on daily closing balance and paid monthly. Rates subject to change at any time.