Invest your U.S. dollars to earn more

The U.S. term deposit gives you the potential to earn a higher interest rate than a U.S. dollar chequing account. If you’re looking to get the most out of your initial investment, remember that longer term lengths earn a higher rate of interest.

U.S. term deposits mean you don’t have to wrestle with exchange rates while trying to invest U.S. dollars.

What you need to know 

  • Non-redeemable, non-registered 

  • Terms between 1-5 years

  • $1,0001 minimum investment 

  • Access to funds on maturity only

  • Interest can be paid annually to your Conexus U.S. deposit account or compound to the term allowing you to earn interest on your interest.

  • Minimum quarterly statements

  • Automatic reinvestment at current rate2

  • Potential to earn a higher interest rate than a U.S. dollar chequing account. Generally, longer term lengths earn a higher rate of interest.

  • Must be purchased in U.S. funds

Rates 

  • ​1 year → 2.00%

  • ​2 years → 2.50%​

  • ​3 years → 2.70% ​

  • ​4 years → 3.00% ​

  • ​5 years → 3.30%​

  1. Minimum deposit for youth is $500.00 USD (0-18 years). 

  2. Unless other instructions provided prior to maturity.