Rates
| Prime (Rates effective 2018-01-19) | Rates |
|---|---|
| Luminus Financial Prime Rate | 3.45% |
| Limited Time Special Offers** | Rates |
|---|---|
| Investment Savings Account | 2.50% |
| 1 Year fixed GIC | 2.30% |
| 2 Year fixed GIC | 2.45% |
| 5 Year Escalator Deposit | 3.50% |
| Investment Savings (Regular, RSP, RIF, and TFSA eligible) | Rates |
|---|---|
| Any Balance | 1.75% |
| Mortgages | Rates |
|---|---|
| Meritline/Equity Line of Credit from | 4.75% |
| Variable Open from | 4.75% |
| Variable Closed from | 4.00% |
| 1 Year Open from | 6.25% |
| 1 Year Closed from | 4.10% |
| 2 Year Closed from | 4.20% |
| 3 Year Closed from | 4.35% |
| 4 Year Closed from | 4.50% |
| 5 Year Closed from | 4.99% |
| 7 Year Closed from | 5.65% |
| Loans | Rates |
|---|---|
| Personal Line of Credit from | 4.75% |
| Personal Loan Variable from | 4.75% |
| Personal Loan Fixed | 7.00% |
| Vehicle Loan Variable from | 4.75% |
| RRSP and Investment Loan from | 4.75% |
| 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% |
| Term Deposits (Minimum $500 deposit, RSP, RIF and TFSA eligible) | Rates |
|---|---|
| 30 to 59 days redeemable | 1.05% |
| 60 to 89 days redeemable | 1.20% |
| 90 to 179 days redeemable | 1.35% |
| 180 to 269 days redeemable | 1.45% |
| 270 to 364 days redeemable | 1.45% |
| 1 Year Fixed | 2.30% |
| 18 Months | 2.10% |
| 18 Months (cashable) | 1.85% |
| 2 Year Fixed | 2.45% |
| 3 Year Fixed | 2.30% |
| 4 Year Fixed | 2.35% |
| 5 Year Fixed | 2.40% |
| 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 (check yearly limit) | 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% |
| Co-Op and Co-Ownership Mortgages | Rates |
|---|---|
| Meritline Equity Line of Credit from | 5.00% |
| Variable Open from | 5.00% |
| Variable Closed from | 4.50% |
| 1 Year Open from | 7.25% |
| 1 Year Closed from | 4.60% |
| 2 Year Closed from | 4.70% |
| 3 Year Closed from | 4.80% |
| 4 Year Closed from | 5.00% |
| 5 Year Closed from | 5.50% |
| 7 Year Closed from | 6.65% |