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Get rates that escalate with Prospera’s rate climber term deposits.
Personal investing

Rate climber term deposits

Enjoy higher rates the longer you stay invested — but you can cash out at the end of each year.

Watch your interest rate rise

Earning a little bit more every year is a good feeling. So is flexibility. Our rate climber term deposits give you both. Every year, we increase your interest rate. And every year, you can choose to stay invested or redeem and withdraw your money.
  • Invest $1000 or more
  • Terms of 3 or 5 years
  • Redeemable on annual anniversary
  • Interest paid annually
  • Non-registered
  • TFSA
  • RRSP
  • RESP

Ways to bank with us

The many ways you can access your accounts, documents, statements, and more:

Explore all term deposits


Get a better interest rate if you don’t need to touch your money before the maturity date.

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Stay flexible with the option to withdraw your money anytime after 30 days.

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If interest rates rise, you can switch to a non-redeemable term deposit of equal or greater length.

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Non-redeemable US dollar

Earn interest on extra US dollars without converting currencies.

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Get guaranteed returns whether you need flexibility or can lock in for a higher rate.

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A Wealth Advisor can recommend investments to meet your goals.
We’re here to help

Talk to an advisor

Our knowledgeable advisors can guide you through life’s big and small financial decisions — and their services are completely free of charge for our members.

How to reach us

Call our Member Service Centre

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1 888 440 4480

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Saturday 9 am - 5 pm

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