Term Deposits

A short-term commitment with big gains


A flexible option that responds to your changing needs

Step into a world of financial growth and security with Term Deposits from Luminus Financial. With a Term Deposit, your money not only stays safe but provides consistent and predictable growth, offering you a reliable and rewarding investment that can weather the changes in global markets with ease.

Term Deposit products

Short-Term Deposits

A secure investment option that offers a guaranteed return at competitive rates over a fixed term.
  • Terms available from 30 to 180 days
  • Interest rate guaranteed and paid at maturity
  • Redeemable prior to maturity
  • Minimum $500 deposit required

Long-Term Deposits

Whether you have specific financial goals or simply want to build a solid nest egg, our long-term deposit options offer the stability and growth potential you need.
  • Unlike mutual funds or stocks, which can go up or down, you are guaranteed a highly competitive interest rate.
  • You can use your term deposit within your RRSP.
  • Eligible deposits are insured by the FSRA up to $250,000 while registered deposits have unlimited coverage.

Escalator Term Deposits

A secure investment option with a guaranteed return at a competitive rate that increases annually over the length of your deposit.
  • Rates increase annually throughout your term
  • RRSP eligible
  • Interest compounded annually
  • Minimum $500 deposit required

Index-Linked Term Deposits

A secure investment option that offers a return based on the performance of the S&P/TSE 60 Index Funds.
  • Three- or five-year terms available
  • RRSP eligible
  • No service charges
  • Minimum $500 deposit required
  • Subject to availability

Want to earn even MOR?

With the More Rewards Program (MOR), you could earn up to 0.25% EXTRA on your investments. Learn more and join the MOR program today!

Are deposits insured with Luminus Financial?

Ready to get started?

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