Variable Rate TD Products | | Prime Rate Time Deposit
If you prefer to have your time deposit interest rate “float” with the market, the Prime Rate Time Deposit may be for you. The interest rate for a one-year Prime Rate Time Deposit is set at a spread below the prime rate as published in The Wall Street Journal. When the prime rate rises, so does the rate on your Prime Rate Time Deposit. You can invest comfortably knowing you have upside interest rate protection. U.S. Prime Rate Time Deposits for individuals or businesses require a $50,000 minimum opening balance. International Prime Rate Time Deposits for individuals or businesses require a $100,000 minimum opening balance. | Rising Rate Time Deposit
The Rising Rate Time Deposit enables you to benefit from rising rates, protects you from falling rates, and provides you with liquidity and flexibility. The 21-month term consists of three periods, each 210 days long. The initial interest rate will rise twice – at the start of the second period and again at the start of the third period. At the end of the first or second period you may withdraw either the interest or the entire deposit (not a portion) without penalty. U.S. Rising Rate Time Deposits for individuals or businesses require a $50,000 minimum opening balance. International Rising Rate Time Deposits for individuals or businesses require a $100,000 minimum opening balance. | Triple Choice Time Deposit
The Triple Choice Time Deposit provides the ultimate in flexibility with three options. Increase your rate. You get our current rate guaranteed for one year. If interest rates rise, you can lock in a higher rate – only the interest rate changes, not the maturity date. If interest rates fall, you continue to enjoy our guaranteed rate. Add to your original deposit. You can make an additional deposit up to 100% of your current balance (minimum $10,000) once during the year. Withdraw up to 50% of your current balance without penalty. You may withdraw up to 50% of your current balance without penalty once during the term while the remaining deposit continues to earn interest at our guaranteed rate. This time deposit requires a $50,000 minimum opening balance. | Flexible Time Deposit
The Flexible Time Deposit offers flexibility and liquidity in a three-year term with two exit points. You can withdraw your funds without penalty at the end of the first year or at the end of the second year, but you’ll earn the highest rate of interest if you leave your money on deposit for the full three years. U.S. Flexible Time Deposits for individuals or businesses require a $50,000 minimum opening balance. International Flexible Time Deposits require a $100,000 minimum opening balance. |
For specific information about a particular account, refer to the Account Terms and Fee Schedules for each region. To get more information, contact us by email, region or call 1.800.892.5430.
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