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Non-registered accounts Registered accounts GICs and term deposits

Non-registered accounts

Savings
Motive® Savings Account1,2
$0 - $5,000,000
1.25%
$5,000,000.01 and over
0.50%

 

Motive Savvy Savings Account™1
$0 and over
1.750%
Chequing
Motive Chequing Account1
$0 and over
0.60%

 

Motive Cha-Ching Chequing Account™1
$0 and over
0.25%

Registered accounts

Registered savings
Motive TFSA Savings Account1
$0 and over
1.750%

 

Motive RRSP Savings Account3
$0 - $2,500
0.25%
$2,500.01 and over
1.25%

GICs and term deposits

GICs and term deposits
Non-Redeemable Motive GICs4,6
12 Month Term
1.600%
24 Month Term
1.700%
36 Month Term
1.800%
48 Month Term
1.900%
60 Month Term
2.000%

 

Non-Redeemable Motive RRSP GICs5
12 Month Term
1.600%
24 Month Term
1.700%
36 Month Term
1.800%
48 Month Term
1.900%
60 Month Term
2.000%

 

Non-Redeemable Motive TFSA GICs4,7
12 Month Term
1.600%
24 Month Term
1.700%
36 Month Term
1.800%
48 Month Term
1.900%
60 Month Term
2.000%
Legal things

1. 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.
2. 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.
3. Interest is calculated on the daily closing balance at the applicable rate tier and paid on December 31.
4. Minimum balance of $1,000 required.
5. Minimum balance of $500 required.
6. The 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. On Motive GICs with a term of at least 12 months, customers over the age of 57 also have the option of having interest paid monthly into a Motive Savings account.
7. Fully redeemable at 0.00% interest from start date.

Notes regarding interest earned on deposit accounts:

- Interest will accrue on deposited funds as of the date funds are deposited.
- Interest rates and rate tiers are subject to change without notice. Interest is paid in the currency of the account.

Notes regarding interest earned on GICs:

- Interest is compounded annually and paid at maturity. Interest will accrue on deposited funds as of the date funds are deposited.
- Interest rates and rate tiers are subject to change without notice. Interest is paid in the currency of the account.
- All rates quoted are annual interest rates.
- Special rate offers are subject to change without notice and cannot be combined with another other rate offers, bonus programs or special promotions.
- Customers can obtain more information by contacting Motive Financial at 1.877.441.2249 or [email protected].