Term DepositsThere’s a term deposit that’s right for you
Are you saving for the long-term, such as a comfortable retirement or your children's education? Are you saving for a short-term goal such as a car or your first home? Or do you want to set aside some funds and earn the best possible rate of interest while maintaining access to your money just in case you may need it? No matter what your needs, we have a Term Deposit solution that is right for you.
With Scotiabank Term Deposits you enjoy:
Security – With Term Deposits, your initial investment (principal) is protected.
Predictable Returns – Term Deposits give you peace of mind with a guaranteed rate of interest for the term of your investment.
Flexibility – Whether fixed or cashable, short or long term, Term Deposits give you the flexibility to decide what's right for you.
- Interest payment annually or at maturity
- Available terms from 90 days to three years
Fixed Term - Monthly Income
- Regular monthly income
- Available terms from one year to three years
- Access to your savings anytime (after 31 days)
- One year term available
- Increasing rate the longer you stay invested
- Access to your savings at designated times if you need it
- Flexibility to respond to rising interest rates
- Available terms: 18 months