motusbank - Rates | Our best rates

Accounts

Savings Chequing Investing Mortgages
Ways to bank
Good to know
Search for:
Join now
Sign in

Account sign in

Email or member # Remember me Password I forgot my password
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Yep, we use cookies. Who doesn’t right? Still, we know having to dismiss these boxes is annoying. Sorry about that.

Privacy policy

Mortgage rates

6-month convertible fixed mortgage

4.00%

4.00%
Apply Now

1-year fixed mortgage (open)

6.00%

6.00%
Apply Now

1-year fixed mortgage

2.94%

2.94%
Apply now

2-year fixed mortgage

2.94%

2.94%
Apply Now

3-year fixed mortgage

2.94%

2.94%
Apply Now

4-year fixed mortgage

2.94%

2.94%
Apply now

5-year fixed mortgage

2.94%

2.94%
Apply now

5-year fixed mortgage (high ratio)

2.94%

2.94%
Apply now

Variable rate mortgages

5-year variable mortgage (open)

4.45%

4.45%
Apply now

5-year variable mortgage

2.85%

2.85%
Apply Now

5-year variable mortgage (high ratio)

2.85%

2.85%
Apply Now

Fixed rate mortgages

Variable rate mortgages

6-month convertible fixed mortgage

4.00%

4.00%

1-year fixed mortgage (open)

6.00%

6.00%

1-year fixed mortgage

2.94%

2.94%

2-year fixed mortgage

2.94%

2.94%

3-year fixed mortgage

2.94%

2.94%

4-year fixed mortgage

2.94%

2.94%

5-year fixed mortgage

2.94%

2.94%

5-year fixed mortgage (high ratio)

2.94%

2.94%

5-year variable mortgage (open)

4.45%

4.45%

5-year variable mortgage

2.85%

2.85%

5-year variable mortgage (high ratio)

2.85%

2.85%

Long term non-redeemable GICs (RRSP)

1-year RRSP GIC

2.25%

2.25%
Open a GIC

3-year RRSP GIC

2.40%

2.40%
Open a GIC

18-month RRSP GIC

2.30%

2.30%
Open a GIC

4-year RRSP GIC

2.45%

2.45%
Open a GIC

2-year RRSP GIC

2.35%

2.35%
Open a GIC

5-year RRSP GIC

2.50%

2.50%
Open a GIC

Long term non-redeemable GICs (RRSP)

1-year RRSP GIC

2.25%

2.25%

Open a GIC

3-year RRSP GIC

2.40%

2.40%

Open a GIC

18-month RRSP GIC

2.30%

2.30%

Open a GIC

4-year RRSP GIC

2.45%

2.45%

Open a GIC

2-year RRSP GIC

2.35%

2.35%

Open a GIC

5-year RRSP GIC

2.50%

2.50%

Open a GIC

Long term non-redeemable GICs (TFSA)

1-year TFSA GIC

2.25%

2.25%
Open a GIC

3-year TFSA GIC

2.40%

2.40%
Open a GIC

18-month TFSA GIC

2.30%

2.30%
Open a GIC

4-year TFSA GIC

2.45%

2.45%
Open a GIC

2-year TFSA GIC

2.35%

2.35%
Open a GIC

5-year TFSA GIC

2.50%

2.50%
Open a GIC

Long term non-redeemable GICs (TFSA)

1-year TFSA GIC

2.25%

2.25%

Open a GIC

3-year TFSA GIC

2.40%

2.40%

Open a GIC

18-month TFSA GIC

2.30%

2.30%

Open a GIC

4-year TFSA GIC

2.45%

2.45%

Open a GIC

2-year TFSA GIC

2.35%

2.35%

Open a GIC

5-year TFSA GIC

2.50%

2.50%

Open a GIC

Long term non-redeemable GICs

1-year fixed rate GIC

2.20%

2.20%
Open a GIC

3-year fixed rate GIC

2.35%

2.35%
Open a GIC

18-month GIC

2.25%

2.25%
Open a GIC

4-year fixed rate GIC

2.40%

2.40%
Open a GIC

2-year fixed rate GIC

2.30%

2.30%
Open a GIC

5-year fixed rate GIC

2.45%

2.45%
Open a GIC

Long term non-redeemable GICs

1-year fixed rate GIC

2.20%

2.20%

Open a GIC

3-year fixed rate GIC

2.35%

2.35%

Open a GIC

18-month GIC

2.25%

2.25%

Open a GIC

4-year fixed rate GIC

2.40%

2.40%

Open a GIC

2-year fixed rate GIC

2.30%

2.30%

Open a GIC

5-year fixed rate GIC

2.45%

2.45%

Open a GIC

Long term non-redeemable GICs (RRIF)

1-year RRIF GIC

2.25%

2.25%
Contact Us Contact Us

3-year RRIF GIC

2.40%

2.40%
Contact us Contact us

18-month RRIF GIC

2.30%

2.30%
Contact Us Contact Us

4-year RRIF GIC

2.45%

2.45%
Contact us Contact us

2-year RRIF GIC

2.35%

2.35%
Contact Us Contact Us

5-year RRIF GIC

2.50%

2.50%
Contact us Contact us

Long term non-redeemable GICs (RRIF)

1-year RRIF GIC

2.25%

2.25%

Contact Us Contact Us

3-year RRIF GIC

2.40%

2.40%

Contact us Contact us

18-month RRIF GIC

2.30%

2.30%

Contact Us Contact Us

4-year RRIF GIC

2.45%

2.45%

Contact us Contact us

2-year RRIF GIC

2.35%

2.35%

Contact Us Contact Us

5-year RRIF GIC

2.50%

2.50%

Contact us Contact us

Escalator GICs

3-year escalator RRSP GIC

3-year escalator RRSP GIC

Year 1

2.10%

Year 2

2.30%

Year 3

2.80%

Yield

2.40%

Open a GIC

5-year escalator RRSP GIC

5-year escalator RRSP GIC

Year 1

2.10%

Year 2

2.20%

Year 3

2.45%

Year 4

2.65%

Year 5

3.10%

Yield

2.50%

Open a GIC

3-year escalator TFSA GIC

3-year escalator TFSA GIC

Year 1

2.10%

Year 2

2.30%

Year 3

2.80%

Yield

2.40%

Open a GIC

5-year escalator TFSA GIC

5-year escalator TFSA GIC

Year 1

2.10%

Year 2

2.20%

Year 3

2.45%

Year 4

2.65%

Year 5

3.10%

Yield

2.50%

Open a GIC

3-year escalator RRIF GIC

3-year escalator RRIF GIC

Year 1

2.10%

Year 2

2.30%

Year 3

2.80%

Yield

2.40%

Contact us

5-year escalator RRIF GIC

5-year escalator RRIF GIC

Year 1

2.10%

Year 2

2.20%

Year 3

2.45%

Year 4

2.65%

Year 5

3.10%

Yield

2.50%

Contact us

Escalator GICs are redeemable on each anniversary date.

Escalator GICs

3-year escalator RRSP GIC

3-year escalator RRSP GIC

Year 1

2.10%

Year 2

2.30%

Year 3

2.80%

Yield

2.40%

Open a GIC

5-year escalator RRSP GIC

5-year escalator RRSP GIC

Year 1

2.10%

Year 2

2.20%

Year 3

2.45%

Year 4

2.65%

Year 5

3.10%

Yield

2.50%

Open a GIC

3-year escalator TFSA GIC

3-year escalator TFSA GIC

Year 1

2.10%

Year 2

2.30%

Year 3

2.80%

Yield

2.40%

Open a GIC

5-year escalator TFSA GIC

5-year escalator TFSA GIC

Year 1

2.10%

Year 2

2.20%

Year 3

2.45%

Year 4

2.65%

Year 5

3.10%

Yield

2.50%

Open a GIC

3-year escalator RRIF GIC

3-year escalator RRIF GIC

Year 1

2.10%

Year 2

2.30%

Year 3

2.80%

Yield

2.40%

Contact us

5-year escalator RRIF GIC

5-year escalator RRIF GIC

Year 1

2.10%

Year 2

2.20%

Year 3

2.45%

Year 4

2.65%

Year 5

3.10%

Yield

2.50%

Contact us

Escalator GICs are redeemable on each anniversary date.

Short term non-redeemable GICs (TFSA)

30-day TFSA GIC

1.60%

1.60%
Open a GIC

180-day TFSA GIC

1.90%

1.90%
Open a GIC

60-day TFSA GIC

1.70%

1.70%
Open a GIC

270-day TFSA GIC

2.00%

2.00%
Open a GIC

90-day TFSA GIC

1.80%

1.80%
Open a GIC

Short term non-redeemable GICs (TFSA)

30-day TFSA GIC

1.60%

1.60%

Open a GIC

180-day TFSA GIC

1.90%

1.90%

Open a GIC

60-day TFSA GIC

1.70%

1.70%

Open a GIC

270-day TFSA GIC

2.00%

2.00%

Open a GIC

90-day TFSA GIC

1.80%

1.80%

Open a GIC

Short term non-redeemable GICs (RRIF)

30-day RRIF GIC

1.60%

1.60%
Contact us Contact us

180-day RRIF GIC

1.90%

1.90%
Contact us Contact us

60-day RRIF GIC

1.70%

1.70%
Contact us Contact us

270-day RRIF GIC

2.00%

2.00%
Contact us Contact us

90-day RRIF GIC

1.80%

1.80%
Contact us Contact us

Short term non-redeemable GICs (RRIF)

30-day RRIF GIC

1.60%

1.60%

Contact us Contact us

180-day RRIF GIC

1.90%

1.90%

Contact us Contact us

60-day RRIF GIC

1.70%

1.70%

Contact us Contact us

270-day RRIF GIC

2.00%

2.00%

Contact us Contact us

90-day RRIF GIC

1.80%

1.80%

Contact us Contact us

Other fees

Incoming wires

$10.00

Stop payment: partial details

$15.00

NSF fee

$45.00

Replacement debit card

$5.00

Accepted NSF

(Overdraft handling fee)

$5.00

Coverdraft

$2.00

Canadian Dollar (CAD) draft

$6.50

Bill payment trace

$10.00

Overdraft interest rate

21.00%

Post dated cheque held for deposit

$2.00

Closing account within 90 days of account opening

$25.00

Charge back

(Retail)

$0.00

Balance of account transfer

$15.00

Cheque sent on collection

$20.00

Inactive account fee

(Annualized fee)

$30/year

Stop payment: full details

$12.00

Cheque Order

(Additional orders starting at $34.80)

First 25 free

Other fees

Incoming wires

$10.00

Stop payment: partial details

$15.00

NSF fee

$45.00

Replacement debit card

$5.00

Accepted NSF

(Overdraft handling fee)

$5.00

Coverdraft

$2.00

Canadian Dollar (CAD) draft

$6.50

Bill payment trace

$10.00

Overdraft interest rate

21.00%

Post dated cheque held for deposit

$2.00

Closing account within 90 days of account opening

$25.00

Charge back

(Retail)

$0.00

Balance of account transfer

$15.00

Cheque sent on collection

$20.00

Inactive account fee

(Annualized fee)

$30/year

Stop payment: full details

$12.00

Cheque Order

(Additional orders starting at $34.80)

First 25 free

Legal
Mortgage and other loan rates are annual and subject to change without notice. Rates are current as of today’s date. All applicants must meet the motusbank lending criteria.

Interest on Savings and Chequing accounts is calculated on the closing daily balance and is paid monthly. Interest on GICs is calculated and accrued daily. To calculate the daily interest, we divide the annual interest by 365. We multiply that figure by the GIC book value to determine how much interest to accrue. Interest is paid on maturity for GICs that do not pay interest during their term.