2,55 % p.a. is the maximal interest rate under the term deposits for 1 year

Bankchart.ca has surveyed the terms of term deposits for 1 year in the national currency. The survey covered all the deposits with any form of interests repayment, regardless of the replenishment option or the deposit partial withdrawal option. Our website's analysts have studied the loan offers from all Canadian banks, which place rates on their websites.

As of 18 March 2019 the deposits under review have been offered by 10 banks.  The average interest rate under such deposits equals 0,98 % p.a. The total number of the deposits programs available for the specified terms is 38.

The table below shows the best offers by each bank selected by Bankchart.ca (in terms of profitability) for the aforementioned terms.

The TOP -10 term deposits for 1 year, as of 18 March 2019

To view the up-to-date rating of the deposits at our website here.

Published: 05 April 2019

Source: https://bankchart.ca


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