Rates
GIC Special Rates
| GIC Rate Specials (Rates effective 2015-02-06)
|
Rates |
| 12 Month Term |
2.05% |
| 15 Month Term |
2.00% |
| 18 Month Term |
1.75% |
Account Interest Rates
Savings Accounts
| Motive™ Savings Account1,2 (Rates effective 2022-04-21)
|
Rates |
| $0 - $5,000,000 |
1.00% |
| $5,000,000.01 and over |
0.50% |
| Motive Savvy Savings Account™1,3 (Rates effective 2023-04-17)
|
Rates |
| $0 - $5,000,000 |
4.10% |
| $5,000,000.01 and over |
0.50% |
| $5,000,000.01 and over |
0.50% |
Registered Products
| Motive™ RSP Savings Account4 (Rates effective 2022-07-25)
|
Rates |
| $0 - $2,500 |
0.25% |
| $2,500.01 and over |
2.60% |
| Motive™ TFSA Savings Account1 (Rates effective 2023-06-12)
|
Rates |
| $0 and over |
4.10% |
Chequing Accounts
| Motive™ Chequing Account1 (Rates effective 2022-05-16)
|
Rates |
| $0 and over |
0.15% |
| Motive Cha-Ching Chequing Account™1 (Rates effective 2018-11-05)
|
Rates |
| $0 and over |
0.25% |
Legal Things Expand/Collapse
1Interest is calculated on the daily closing balance at the applicable rate tier and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month.
2If you have more than one Motive Savings Account, where combined Motive Savings Account Balances exceed $5 million, the posted rate for $5,000,000.01 and over will apply.
3If you have more than one Motive Savvy Savings Account, where combined Motive Savvy Savings Account Balances exceed $5 million, the posted rate for $5,000,000.01 and over will apply.
4Interest is calculated on the daily closing balance at the applicable rate tier and paid on December 31st. Notes Regarding Interest Earned on Deposit Accounts:
- Interest will accrue on deposited funds as of the date funds are deposited.
- Interest rates and rate tiers are subject to change without notice.
- Interest is paid in the currency of the account.
GICs and Term Deposits
| Non-Redeemable Motive™ GICs5,7 (Rates effective 2023-12-04)
|
Rates |
| 12 Month Term |
6% |
| 24 Month Term |
5.90% |
| 36 Month Term |
5.50% |
| 48 Month Term |
5.30% |
| 60 Month Term |
5.30% |
| Non-Redeemable Motive™ RSP GICs6 (Rates effective 2023-12-04)
|
Rates |
| 12 Month Term |
6.00% |
| 24 Month Term |
5.90% |
| 36 Month Term |
5.50% |
| 48 Month Term |
5.30% |
| 60 Month Term |
5.30% |
| Motive™ TFSA GICs5,8 (Rates effective 2023-12-04)
|
Rates |
| 12 Month Term |
6% |
| 24 Month Term |
5.90% |
| 36 Month Term |
5.50% |
| 48 Month Term |
5.30% |
| 60 Month Term |
5.30% |
Legal Things Expand/Collapse
5Minimum balance of $1,000 required.6Minimum balance of $500 required.7The holder has the option to receive interest paid annually into a Motive Savings Account or to have the interest compounded annually and paid at maturity. 8Fully redeemable at 0.00% interest from start date.
Notes Regarding Interest Earned on GICs:
- Interest is compounded annually and paid at maturity. Interest will accrue on deposited funds as of the date funds are deposited.
- Interest rates and rate tiers are subject to change without notice.
- Interest is paid in the currency of the account.
- All rates quoted are annual interest rates.
- Special rate offers are subject to change without notice and cannot be combined with another other rate offers, bonus programs or special promotions.
- Customers can obtain more information by contacting Motive Financial at 1.877.441.2249 or info@motivefinancial.com
