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Scotiabank Rate Booster Term Deposit

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Scotiabank Rate Booster Term Deposit

Get the benefit of the higher interest rates normally associated with a longer term investment and the flexibility of a short term deposit with the Scotiabank Rate Booster Term Deposit.

Scotiabank Rate Booster Term Deposit


  • Start with a minimum of $300,000
  • Enjoy a guaranteed and competitive interest rate
  • Earn higher interest rates the longer you stay invested
  • Get interest payments every six months
  • Reinvest if interest rates increase or stay invested for the full 18 months at the current rate, if interest rates decline.

Visit your local branch or call us today to boost your savings!


For 18-month term, no penalty if all or part of the deposit is redeemed at the 6- or 12-month designated time (“sub-term”).

Interest is compounded at the end of each sub-term and paid at maturity. Interest paid is calculated using the average rate of interest from each sub-term. Minimum Investment required.

Offer ends January 31, 2010



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