Rates

Non-Redeemable KeyReturn® GICs1 (Rates effective 2017-01-16) Rates
12 Month Term 1.60%
24 Month Term 1.80%
36 Month Term 1.95%
48 Month Term 2.11%
60 Month Term 2.26%
KeyRate® Savings Account
Daily Closing Balance2 (Rates effective 2015-07-17)
Rates
$0 - $5,000,000 1.50%
$5,000,000.01 and over 0.50%
Non-Redeemable KeyReach® RSP GICs3 (Rates effective 2017-01-16) Rates
12 Month Term 1.60%
24 Month Term 1.80%
36 Month Term 1.95%
48 Month Term 2.11%
60 Month Term 2.26%
KeyReach® RSP Savings Account4 (Rates effective 2015-07-17) Rates
$0 - $2,500 0.25%
$2,500.01 and over 1.25%
KeyReach® TFSA GICs5 (Rates effective 2017-01-16) Rates
12 Month Term 1.60%
24 Month Term 1.80%
36 Month Term 1.95%
48 Month Term 2.11%
60 Month Term 2.26%
KeyReach® TFSA Savings Account6 (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%
KeyDirect® Chequing Account2 (Rates effective 2015-12-01) Rates
All Balances 0.60%
Prime Rate (Rates effective 2015-07-17) Rates
Prime Rate 2.70%
KeyFlex® Mortgage Line7 (Rates effective 2014-04-04) Rates
Line Of Credit (prime + 0.50%) 3.20%
KeyFlex® Mortgage Line
Mortgage Rates8 (Rates effective 2014-04-04)
Rates
1 year open 5.99%
5 year Variable Rate (prime + 0.20%) 2.90%
1 year closed 2.99%
2 year closed 2.59%
3 year closed 2.99%
4 year closed 3.19%
5 year closed 3.49%

All rates quoted are annual interest rates and tiers are 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 for the date your completed application and funds have been received at CDF. The KeyReturn GIC has a minimum balance requirement of $1,000. The KeyReturn GIC is not eligible for GoldKey® Service.

Special rate offers are subject to change without notice. Cannot be combined with any other rate offers, bonus programs, or special promotions. Depending upon the type of investment (GIC, RRSP GIC, or TFSA GIC), please refer to the respective footnotes listed below for these investment types.

1 The holder has the option to receive interest paid annually into a KeyRate Savings Account or to have the interest compounded annually and paid at maturity. On KeyReturn GICs with a term of at least 12 months, customers eligible for GoldKey service also have the option of having interest paid monthly into a KeyRate Savings account.

All KeyReturn GICs have a minimum balance of $1,000. Please contact us for rates on KeyReturn GIC balances over $1,000,000.

2 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. If you have more than one KeyRate Savings Account, where combined KeyRate Savings Account Balances exceed $5 million, the posted rate for $5,000,000.01 and over will apply.

3 Interest is compounded annually and paid at maturity. Your deposit and interest rate will be value dated for the date your completed application, including funds and /or an authorization to transfer funds, has been received at CDF. All KeyReach RSP GICs have a minimum balance of $500.

4Interest is calculated on the daily closing balance at the applicable rate tier and paid December31. The minimum contribution for the KeyReach RSP Savings Account is $50.

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

6 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 KeyReach TFSA Savings Account is $50.

7 Interest rate compounded monthly, not in advance.

8 Interest rate compounded half yearly, not in advance.


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