A $1,000 deposit and a little bit of patience pay off with fixed rates earned over a set term.
Key Features
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Competitive Interest
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Fixed Terms
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No Setup or Maintenance Fees
Details
- Fixed rates, higher than regular savings
- Receive higher rates by selecting a longer term
- Provides more guarantee than risky investments
- Set aside for future savings goals
- A wide range of terms available (from 3 months to 4 years)
- No setup or maintenance fees
- Early withdrawals subject to penalty*
- $1,000 minimum deposit to open
*Early withdrawals will result in interest penalties, depending on the term:
- 3 month – 1 month interest penalty on the amount withdrawn
- 6 month – 3 months interest penalty on the amount withdrawn
- 1 year – 3 months interest penalty on the amount withdrawn
- 2 year – 6 months interest penalty on the amount withdrawn
- 3 year – 6 months interest penalty on the amount withdrawn
- 4 year – 6 months interest penalty on the amount withdrawn