Skip to main content
Term Deposit Promo
Personal investing

Promotional rates for term deposits

Exclusive new deposit rates for a limited time.

Exclusive new deposit rates



with a 15-month re-investable term deposit1


with a 18-month redeemable term deposit1

Growth guaranteed

Save with confidence by investing in Prospera term deposits that are that are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia.2 These promotional rates won’t last!
15-month re-investable term

Earn 5.50%*

Option to re-invest during your term
Interest paid annually
New deposits only
$1,000 minimum
RSP, RIF, TFSA, FHSA eligible

Submit form to invest

18-month redeemable term

Earn 5.45%*

Option to redeem every 6 months
Interest paid semi-annually 
New deposits only
$1,000 minimum
RSP, RIF, TFSA, FHSA eligible

Submit form to invest

How to invest in a promotional rate term deposit

  1. Our featured promotional term deposit rates are for new deposits only. Ensure the money you plan to invest has been deposited at Prospera Credit Union within 30 days.
  2. Call our local BC Member Service Centre at 1 888 440 4480, submit an online form, or visit your local Prospera branch to speak with an advisor about investing in one of our promotional rate term deposits.

Call our Member Service Centre

Toll free 1 888 440 4480
Monday to Friday
8 am - 8 pm
9 am - 5 pm

Interested in learning about other available term deposit rates?


Re-investable vs Redeemable


A re-investable term deposit provides a great short-term rate, with the flexibility to switch into a different non-redeemable product at any point during the term should rates increase.

  • The non-redeemable term you switch to must be longer than the remaining term left on the initial re-investable term deposit.
  • An ideal product for people who are seeking a guaranteed return and are optimistic that rates may continue to climb.
  • Can be re-invested any time during the term- there are no anniversary dates or redemption periods that need to be considered.
  • Interest is paid annually.


A redeemable term deposit offers a high interest rate with multiple opportunities to redeem the term early with full interest up to that point.

  • The term deposit can be redeemed with full interest at the 6- and 12-month anniversary dates.
  • An ideal product for people who would like to take advantage of a high, short-term rate but may need access to their funds in a shorter timeframe.
  • The term deposit can be redeemed at their 6- or 12-month anniversary date and then that money can be invested in a brand-new term deposit.
  • Interest paid semi-annually.
Term Deposit

What are your choices when it comes to investing?

Learn about other investment options in our blog Term Deposit vs Mutual Funds vs Stocks & More

*Rates are per annum and subject to change. Terms and conditions apply.

1Valid for a limited time and available to Prospera Credit Union members making new deposits only. Additional terms, conditions and restrictions apply.

2Deposits are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC).

Mutual funds are offered through Credential Asset Management Inc. Mutual funds and other securities are offered through Credential Securities, a division of Credential Qtrade Securities Inc. Credential Securities is a registered mark owned by Aviso Wealth Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured or guaranteed and are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Their values change frequently and past performance may not be repeated.