Rates

Non-Redeemable Motive™ GICs1 (Rates effective 2018-11-13) Rates
12 Month Term 2.79%
24 Month Term 3.10%
36 Month Term 3.31%
48 Month Term 3.35%
60 Month Term 3.49%
Motive Savvy Savings Account™
Daily Closing Balance2 (Rates effective 2018-11-01)
Rates
$0 - $1,000,000 2.80%
$1,000,000.01 and over 0.25%
Motive™ Savings Account
Daily Closing Balance3 (Rates effective 2015-07-17)
Rates
$0 - $5,000,000 1.50%
$5,000,000.01 and over 0.50%
Non-Redeemable Motive™ RSP GICs4 (Rates effective 2018-11-13) Rates
12 Month Term 2.79%
24 Month Term 3.10%
36 Month Term 3.31%
48 Month Term 3.35%
60 Month Term 3.49%
Motive™ RSP Savings Account5 (Rates effective 2015-07-17) Rates
$0 - $2,500 0.25%
$2,500.01 and over 1.25%
Motive™ TFSA GICs6 (Rates effective 2018-11-13) Rates
12 Month Term 2.79%
24 Month Term 3.10%
36 Month Term 3.31%
48 Month Term 3.35%
60 Month Term 3.49%
Motive™ TFSA Savings Account7 (Rates effective 2015-10-06) Rates
$50 - $999.99 1.80%
$1,000 - $2,499.99 1.80%
$2,500 - $4,999.99 1.80%
$5,000 and over 1.80%
Motive Cha-Ching Chequing Account™10 (Rates effective 2018-11-05) Rates
All Balances 0.25%
Motive™ Chequing Account10 (Rates effective 2018-11-01) Rates
Entire balance 0.60%
Prime Rate (Rates effective 2018-10-25) Rates
Prime Rate 3.95%

All rates quoted are annual interest rates and subject to change without notice. Tiers are also subject to change without notice. Interest is paid or charged as applicable in the currency of the account or product.

*Non-redeemable. Interest is compounded annually and paid at maturity. Your deposit and interest rate will be value-dated to the date Motive receives your completed application and funds. The Motive GIC has a minimum balance requirement of $1,000.

Special rate offers are subject to change without notice and cannot be combined with any other rate offers, bonus programs or special promotions.

Depending on the type of investment (GIC, RRSP GIC or TFSA GIC) held:

1The holder has the option to receive interest paid annually into a Motive Savings Account or to have the interest compounded annually and paid at maturity.

All Motive GICs have a minimum balance of $1,000.

2Interest is calculated on the daily closing balance at the applicable rate tier and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month. If you have more than one Motive Savvy Savings Account, where combined Motive Savvy Savings Account Balances exceed $1 million, the posted rate for $1,000,000.01 and over will apply.

3Interest is calculated on the daily closing balance at the applicable rate tier and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month. If you have more than one Motive Savings Account, where combined Motive Savings Account Balances exceed $5 million, the posted rate for $5,000,000.01 and over will apply.

4Interest is compounded annually and paid at maturity. Your deposit and interest rate will be value-dated to the date Motive receives your completed application, including funds and/or an authorization to transfer funds. All Motive RSP GICs have a minimum balance of $500.

5Interest is calculated on the daily closing balance at the applicable rate tier and paid December31. The minimum contribution for the Motive RSP Savings Account is $50.

6Interest is compounded annually and paid at maturity. Fully redeemable at 0.00% interest from start date. All Motive TFSA GICs have a minimum balance of $1,000.

Interest is calculated on the daily closing balance, at the applicable rate tier, and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month. The minimum contribution for the Motive TFSA Savings Account is $50.

8Interest rate compounded monthly, not in advance.

9Interest rate compounded half yearly, not in advance.

10Interest is calculated on the daily closing balance at the applicable rate tier and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month. Interest and rate tiers are subject to change without notice. Interest is paid in the currency of the account.

Motive Financial is a division of Canadian Western Bank. Canadian Western Bank is a member of the CDIC. Learn more about CDIC eligible deposits at Motive. Learn more about CDIC eligible deposits at Motive.

 

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