Redeemable Term Deposit

When you get more than you banked on, that’s the Moya advantage.

Interested in a higher rate of return than a standard deposit account? With a Redeemable Term Deposit, you’ll build your investment portfolio with a higher-than-standard, guaranteed interest rate paired with withdrawal flexibility.

Features

  • Guaranteed investment principal and interest rate
  • Minimum investment of $500
  • 1-year term (365 days)
  • Partial or full funds may be redeemed on or after 90 days with no interest penalty*
  • Automatically renews, with interest, at maturity unless you choose to redeem it
  • Not available for registered products
  • Insurable deposits covered by the Deposit Insurance Corporation of Ontario (DICO)
 
*No interest is paid if redeemed within 1-89 days of deposit. Interest is calculated daily, non-compounded, and paid at time of redemption or at maturity.

Ready to start investing? Call or visit our Main Branch and ask to speak with one of our Financial Services Representatives.

feedback_mix.png