The rating of the best interest rates under the business term deposit for 1 year20.09.2019

Bankchart.ca has surveyed the terms of obtaining business term deposit 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 deposit offers from all Canadian banks, which place rates on their websites. Review date - 20.09.2019

As of 05 September 2019 the deposits under review have been offered by 6 banks.  The average interest rate under such deposits equals 1,20 % p.a. The total number of the deposits programs available for the specified terms is 45.

The maximal return among the deposits under review is offered by Manulife Bank Of Canada. The interest rate under "Guaranteed Investment Certificates" deposit program constitutes 1,90 % p.a. The table below shows the best offers by each bank selected by Bankchart.ca (in terms of profitability) for the aforementioned terms.

The TOP-6 business term deposit for 1 year, as of 05 September 2019

#

Name

Interest Rate

1

1,90

interest rate, %

rate type

fixed

interest periodicity

annually

minimum sum

$ 2 500,00

2

1,80

interest rate, %

rate type

fixed

interest periodicity

at maturity

minimum sum

$ 0,00

3

1,70

interest rate, %

rate type

fixed

interest periodicity

at maturity

minimum sum

$ 100 000,00

4

1,70

interest rate, %

rate type

variable

interest periodicity

at maturity

minimum sum

$ 1 000,00

5

1,05

interest rate, %

rate type

fixed

minimum sum

$ 0,00

6

0,85

interest rate, %

rate type

fixed

minimum sum

$ 0,00

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

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