Rates
| Prime (Rates effective 2014-11-20) | Rates |
|---|---|
| Luminus Financial Prime Rate | 4.00% |
| Investment Savings (Regular savings, TFSA and RSP eligible) | Rates |
|---|---|
| Any Balance | 1.75% |
| Limited Time Special Offers | Rates |
|---|---|
| 1 Year fixed GIC | 2.10% |
| 5 Year Escalator Deposit* | 3.50% |
| 2 Year fixed GIC | 2.25% |
| 65th Anniversary GIC Special (Non-redeemable) | Rates |
|---|---|
| 30-59 Days | 1.05% |
| 60-89 Days | 1.20% |
| 90-179 Days | 1.35% |
| 180-269 Days | 1.45% |
| 270-364 Days | 1.45% |
| 18 Months | 2.00% |
| 2 Year | 2.25% |
| 3 Year | 2.15% |
| 4 Year | 2.30% |
| 5 Year | 2.40% |
| Loans | Rates |
|---|---|
| Personal Line of Credit from | 4.00% |
| Personal Loan Variable from | 4.00% |
| Personal Loan Fixed | 7.00% |
| Vehicle Loan Variable from | 4.00% |
| RRSP and Investment Loan from | 4.00% |
| Overdraft Protection from | 21.00% |
| Unauthorized Overdraft for: Business Chequing, Golden Chequing, Investment Savings, The Personal 1, Plan 24, Savings Bonds, TFSA and $US Chequing | 40.00% |
| Mortgages | Rates |
|---|---|
| Meritline/Equity line of credit | 4.00% |
| Variable open | 4.00% |
| Variable closed | 3.25% |
| 1 year open from | 6.25% |
| 1 year closed from | 3.25% |
| 2 year closed from | 3.20% |
| 3 year closed from | 3.65% |
| 4 year closed from | 4.00% |
| 5 year closed from | 4.80% |
| 7 year closed from | 5.65% |
| Term Deposits (Minimum $500 deposit, RSP, RIF and TFSA eligible) New money transferred in from another financial institution or as a new deposit | Rates |
|---|---|
| 30 to 59 days redeemable (T30, R30) | 0.40% |
| 60 to 89 days redeemable (T60, R60) | 0.55% |
| 90 to 179 days redeemable (T90, R90) | 0.70% |
| 180 to 269 days redeemable (T26,R26) | 0.80% |
| 270 to 364 days redeemable (T27,R27) | 0.80% |
| 1 year Fixed (T1Y, R1Y, TF1) | 2.10% |
| 18 months (T18, R18, TF8) | 1.35% |
| 18 months (cashable) | 1.00% |
| 2 year Fixed (T2Y, R2Y, TF2) | 2.25% |
| 3 year Fixed (T3Y, R3Y, TF3) | 1.50% |
| 4 year Fixed (T4Y, R4Y, TF4) | 1.65% |
| 5 year Fixed (T5Y, R5Y, TF5) | 1.75% |
| 5 Year Escalator (Minimum $500 deposit, RSP and RIF eligible) | Rates |
|---|---|
| 1st Year | 1.35% |
| 2nd Year | 1.55% |
| 3rd Year | 1.75% |
| 4th year | 1.95% |
| 5th year | 3.50% |
| Average rate of | 2.10% |
| Savings Bonds | Rates |
|---|---|
| Luminus Savings Bond | 0.75% |
| Tax-Free Savings | Rates |
|---|---|
| Any Balance | 1.50% |
| Investment Savings (Business) | Rates |
|---|---|
| Any Balance | 1.35% |
| RSP Variable | Rates |
|---|---|
| $0 - $5,000 | 0.05% |
| $5,001 - $25,000 | 0.15% |
| $25,001 and over | 0.35% |
| Regular Savings | Rates |
|---|---|
| Plan 24 | 0.05% |
| Free Chequing (Personal 1 and Golden) | Rates |
|---|---|
| $10,001 and over | 0.05% |
| US Chequing (Paid in US funds) | Rates |
|---|---|
| $1,001 - $5,000 | 0.05% |
| $5,001 and over | 0.15% |