U.S. term deposits
Invest your U.S. dollars to earn more
The U.S. term deposit gives you the potential to earn a higher interest rate than a U.S. dollar chequing account. If you’re looking to get the most out of your initial investment, remember that longer term lengths earn a higher rate of interest.
U.S. term deposits mean you don’t have to wrestle with exchange rates while trying to invest U.S. dollars.
What you need to know
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 purchased in U.S. funds
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.