Long term
- Non-redeemable, non-registered.
- Terms between 1-5 years.
- $1,0001 minimum investment.
- Access to funds on maturity only.
- Interest can be paid annually to your Conexus U.S. deposit account or compound to the term allowing you to earn interest on your interest.
- Minimum quarterly statements.
- Automatic reinvestment at current rate2.
- Potential to earn a higher interest rate than a U.S. dollar chequing account.
- Generally, longer term lengths earn a higher rate of interest.
- Must be purchase in U.S. funds.
Rates
| 1 year | 2.00% | |
|---|---|---|
| 2 years | 2.50% | |
| 3 years | 2.70% | |
| 4 years | 3.00% | |
| 5 years | 3.30% |
- Minimum deposit for youth is $500.00 USD (0-18 years).
- Unless other instructions provided prior to maturity.