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Deposit Broker Rates

Rates Effective: December 14, 2024

RRSP and TFSA Savings Account Rates:*

Account TypeInterest Rate
TFSA Sunrise Savings Account1.050%
RRSP Savings Account1.050%

* Rates subject to change without notice.
Interest is payable monthly at the rate(s) per annum, as offered.
Interest is paid on the total daily closing balance.
Eligible for:

  • Registered Retirement Savings Plans(RRSP)
  • Tax Free Savings Plans (TFSA)

.

Short Term Guaranteed Investment Certificate Rates:*

TermInterest Rate
30-59 Days3.210%
60-89 Days3.210%
90-119 Days3.520%
120-179 Days3.520%
180-269 Days3.500%
270-364 Days3.500%

* Rates subject to change without notice.
* Minimum deposit is $5,000.00.
* Certificates are non-redeemable before maturity.

Guaranteed Investment Certificate (GIC) Rates:*

TermCompounded AnnuallyPaid AnnuallyPaid MonthlyPaid Semi-annually
1 years3.870%3.870%3.670%3.720%
2 years3.510%3.510%3.310%3.360%
3 years3.480%3.480%3.280%3.330%
4 years3.400%3.400%3.200%3.250%
5 years3.400%3.400%3.200%3.250%

* Rates subject to change without notice.
* Minimum deposit is $1,000.00.
* Minimum deposit on monthly certificates is $5,000.00.
* Certificates are non-redeemable before maturity.

RRSP and TFSA GIC Rates:*

TermNew Business & TransfersRenewals Only
1 years3.870%3.870%
2 years3.510%3.510%
3 years3.480%3.480%
4 years3.400%3.400%
5 years3.400%3.400%
  • Rates subject to change without notice.
  • Minimum deposit is $1,000.00.
  • Certificates are non-redeemable before maturity.
  • Eligible for:
    • Registered Retirement Savings Plans (RRSP)
    • Tax Free Savings Accounts (TFSA)
  • Compounded Annually only.

All rates are expressed in annual terms.
Deposits made in Canadian Dollars only.

For more information please contact us at 1-800-213-4282
www.versabank.com

Deposit Insurance

VersaBank is a member of the Canada Deposit Insurance Corporation.

For more information about what’s covered and how it works, click the digital symbol.

CDIC Digital Membership Sign - This logo signifies that this institution is a CDIC Member

View list of VersaBank’s Deposit Register of Eligible products.