Rates
| Prime (Rates effective 2022-07-14) | Rates |
|---|---|
| Luminus Financial Prime Rate | 5.45% |
| Limited Time Special Offers | Rates |
|---|---|
| 1-Year Term Deposit | 4.25% |
| 6-Month Prime Investment Savings Account (Prime Less 1%) | 4.45% |
| Investment Savings (Regular, RSP, RIF, and TFSA eligible) | Rates |
|---|---|
| Any Balance | 1.75% |
| Investment Savings (Business) | Rates |
|---|---|
| Any Balance | 1.35% |
| Mortgages | Rates |
|---|---|
| Meritline/Equity Line of Credit from | 7.00% |
| Variable Closed from | 6.20% |
| 1 Year Open from | 6.95% |
| 1 Year Closed from | 4.99% |
| 2 Year Closed from | 5.19% |
| 3 Year Closed from | 5.44% |
| 4 Year Closed from | 5.59% |
| 5 Year Closed from | 5.99% |
| 7 Year Closed from | 6.74% |
| Co-Op and Co-Ownership Mortgages | Rates |
|---|---|
| Meritline Equity Line of Credit from | 7.00% |
| Variable Closed from | 6.55% |
| 1 Year Open from | 7.30% |
| 1 Year Closed from | 5.34% |
| 2 Year Closed from | 5.54% |
| 3 Year Closed from | 5.79% |
| 4 Year Closed from | 5.94% |
| 5 Year Closed from | 6.34% |
| 7 Year Closed from | 7.09% |
| Loans | Rates |
|---|---|
| Personal Line of Credit from | 7.00% |
| Personal Loan Variable from | 7.00% |
| Personal Loan Fixed | 7.50% |
| RRSP and Investment Loan from | 7.00% |
| Overdraft Protection from | 21.00% |
| Unauthorized Overdraft for: Business Chequing, Golden Chequing, Investment Savings, The Personal 1, Plan 24, Savings Bonds, TFSA and $US Chequing | 40.00% |
| Term Deposits (Minimum $500 deposit, RSP, RIF and TFSA eligible) | Rates |
|---|---|
| 30 to 59 Days Redeemable | 0.35% |
| 60 to 89 Days Redeemable | 0.50% |
| 90 to 179 Days Redeemable | 0.65% |
| 180 to 269 Days Redeemable | 0.75% |
| 270 to 364 Days Redeemable | 0.75% |
| 18 Months Redeemable | 0.75% |
| 6 Months Fixed | 1.10% |
| 1 Year Fixed | 2.90% |
| 18 Months Fixed | 1.65% |
| 2 Year Fixed | 3.00% |
| 3 Year Fixed | 3.40% |
| 4 Year Fixed | 3.60% |
| 5 Year Fixed | 3.80% |
| 5 Year Escalator GIC (Minimum $500 deposit, RSP, RIF and TFSA eligible) | Rates |
|---|---|
| 1st Year | 1.50% |
| 2nd Year | 2.50% |
| 3rd Year | 3.00% |
| 4th Year | 3.50% |
| 5th Year | 4.10% |
| Average rate of | 2.92% |
| 3 Year Escalator GIC (Minimum $500 deposit, RSP, RIF and TFSA eligible) | Rates |
|---|---|
| 1st Year | 1.50% |
| 2nd Year | 2.75% |
| 3rd Year | 3.50% |
| Average rate of | 2.58% |
| Tax-Free Savings | Rates |
|---|---|
| Any Balance (check yearly limit) | 1.75% |
| RSP Variable | Rates |
|---|---|
| $0 - $5,000 | 0.05% |
| $5,001 - $25,000 | 0.15% |
| $25,001 and over | 0.35% |
| Regular Savings | Rates |
|---|---|
| Plan 24 | 0.05% |
| Free Chequing (Personal 1 and Golden) | Rates |
|---|---|
| $10,001 and over | 0.05% |
| US Chequing (Paid in US funds) | Rates |
|---|---|
| $1,001 - $5,000 | 0.05% |
| $5,001 and over | 0.15% |