Guaranteed rates up to 3.21%APY1
Plus, options to cash out without penalty!
Watch your savings grow with interest rates that increase the longer you stay invested. Plus the option to cash out without penalty!
"Now, this is the CD for me! If I need my money, I can get it – for whatever reason – and still earn high rates. Scotia, you’ve got something here!" – Ashok Chugani, St. Thomas
With a Scotiabank Rate Booster CD, you can:
- Choose between 18-month and 3-year terms2
- Enjoy a guaranteed and competitive interest rate
- Reinvest if interest rates increase or stay invested at the current rate if interest rates decline
- Cash out at designated times ("sub-terms") without penalty
Visit your local branch or call us today to grow your savings!
1 Interest is compounded at the end of each sub-term and paid at maturity. Interest paid is calculated using the daily balance from each sub-term. Minimum opening deposit $1,000. Minimum daily balance to obtain APY $1,000.
2 For 18-month term, no penalty if all or part of the deposit is redeemed at the 6- or 12-month designated time. APY assumes interest will remain on deposit until maturity. Disclosed APY will not be obtained if funds are withdrawn at non-designated times. Withdrawn funds earn 2.05% (prior to 6 mos); 2.45% (prior to 12 mos); 2.90% (prior to 18 mos). For 3-year term, no penalty if al or part of the deposit is redeemed at the 1- or 2-year designated time.
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