Our current rates for personal members
Investment Shares
6.00%
13-month FlexSavings Cashable GIC
3.00%
3-year Fixed High Ratio Mortgage
4.24%
Personal accounts
Daily Interest Savings Account
| Balance | Rate* |
|---|---|
| $0 – $1,000.00 | 0.05% |
| $1,000.01 – $5,000.00 | 0.05% |
| $5,000.01 – $10,000.00 | 0.05% |
| $10,000.01+ | 0.05% |
Daily Interest Savings Account for seniors (60+)
| Balance | Rate* |
|---|---|
| $0 – $1,000.00 | 0.05% |
| $1,000.01 – $5,000.00 | 0.05% |
| $5,000.01 – $10,000.00 | 0.05% |
| $10,000.01+ | 0.05% |
High Interest eSavings Account
| Balance | Rate* |
|---|---|
| $0 – $100,000.00 | 0.60% |
| $100,000.01 – $200,000.00 | 0.75% |
| $200,000.01+ | 0.80% |
Investment Savings Account
| Account type | Rate* |
|---|---|
| Non-Registered Savings | 0.30% |
| TFSA Investment Savings | 0.60% |
| FHSA Investment Savings | 3.20% |
| RRSP Investment Savings | 0.05% |
| RRIF Investment Savings | 0.05% |
U.S. Dollar Investment Savings Account
| Balance | Rate* |
|---|---|
| All balances | 0.15% |
Loans and lines of credit
Personal Loans
| Loan Type | Rate* |
|---|---|
| Fixed Rate Secured Loan | 6.89% |
| Fixed Rate Unsecured Loan | 8.49% |
| Variable Rate Secured Loan | 6.99% |
| Variable Rate Unsecured Loan | 7.49% |
Personal Lines of Credit
| Loan Type | Rate* |
|---|---|
| Secured Line of Credit | 6.49% |
| Unsecured Line of Credit | 7.49% |
| Student Line of Credit | 5.50% |
MeritLine Home Equity Line of Credit
| Product | Rate* |
|---|---|
| MeritLine Home Equity Line of Credit | 4.85% |
Mortgages
Fixed Rate Mortgage
| Term | Rate* |
|---|---|
| 6-month convertible closed | 6.34% |
| 6-month open | 8.09% |
| 1-year closed | 5.44% |
| 1-year open | 8.09% |
| 2-year closed |
4.84% |
| 3-year closed | 4.59% |
| 4-year closed | 4.89% |
| 5-year closed | 4.69% |
| 7-year closed | 5.69% |
| 10-year closed | 5.89% |
Variable Rate Mortgage
| Term | Rate* |
|---|---|
| 5-year open | 5.95% |
| 5-year closed | 4.15% |
GICs
GIC Specials
| Term | Rate* |
|---|---|
| 13-month FlexSavings Cashable GIC | 3.00% |
| 14-month non-redeemable | 3.30% |
| 26-month non-redeemable | 3.75% |
Short-term GICs
| Term | Rate* |
|---|---|
| 90–179 days redeemable | 2.10% |
| 180–269 days redeemable | 2.10% |
| 270–364 days redeemable | 2.25% |
| 90–179 days non-redeemable | 2.60% |
| 180–269 days non-redeemable | 2.60% |
| 270–364 days non-redeemable | 2.75% |
Long-term GICs
| Term | Rate* |
|---|---|
| 1-year redeemable | 2.30% |
| 2-year redeemable | 2.75% |
| 3-year redeemable | 2.80% |
| 4-year redeemable | 2.80% |
| 5-year redeemable | 2.85% |
| 1-year non-redeemable | 3.00% |
| 2-year non-redeemable | 3.25% |
| 3-year non-redeemable | 3.35% |
| 4-year non-redeemable | 3.35% |
| 5-year non-redeemable | 3.50% |
Accelerator GIC
| Year | Rate* |
|---|---|
| Year 1 | 3.00% |
| Year 2 | 3.10% |
| Year 3 | 3.15% |
| Year 4 | 3.50% |
| Year 5 | 5.00% |
| Effective yield | 3.55% |
Escalator GIC
| Month | Rate* |
|---|---|
| Months 1–8 | 3.00% |
| Months 9–16 | 3.20% |
| Months 17–24 | 4.00% |
| Average yield | 3.40% |
Market-linked GICs
| Type | Rate** | Details |
|---|---|---|
| 3-year Canadian market-linked | up to 7.43% | Fact sheet |
| 5-year Canadian market-linked | up to 9.02% | Fact sheet |
| 3-year Global market-linked | up to 8.29% | Fact sheet |
| 5-year Global market-linked | up to 9.16% | Fact sheet |
U.S. dollar GICs
| Term | Rate* |
|---|---|
| 30–59 days | 2.80% |
| 60–89 days | 2.85% |
| 90–179 days | 2.90% |
| 180–269 days | 3.00% |
| 270–364 days | 3.10% |
| 1-year | 3.80% |
| 2-year | 3.75% |
| 3-year | 3.75% |
| 4-year | 3.80% |
| 5-year | 3.80% |
Foreign exchange
| Currency | Buy rate* | Sell rate* |
|---|---|---|
| U.S. dollar (cash) | 1.3923 | 1.3323 |
| U.S. dollar (cheque/transfer) | 1.3828 | 1.3408 |
Contact us to get more information on rates for more than 50 currencies and to order ahead of your planned travel dates.
Make the most of your money
We can help find the right financial solutions​ over the phone or online, and you can visit us in person at a branch.
Call us
at 1‑800‑616‑8878
Book an appointment
to meet with us virtually
Visit us
at one of our branches