MENU Log In Rate Option Term Deposit Lock in at higher interest rates if they rise Chat with an Expert Personal Investing & Retirement Term Deposits Rate Option Take advantage of rising rates In times of rising rates, this popular choice is perfect for investors looking for a guaranteed long-term investment with their option to change to a higher rate. Choose this term deposit if you: Want to lock in a longer term Want the option to lock into a higher rate Are looking for higher interest RATE OPTION TERM DEPOSIT Guaranteed rates with option to change You get the security of a guaranteed rate with the peace of mind of being able to lock in to a new rate when rates are rising. Rate Option Term Deposit Features: Term Rate Options — A choice of 2, 3 or 5 year terms Non-Redeemable — To ensure you get the best rate, funds are locked in for the duration of the term Option for new rate — Should rates rise, convert to the higher rate once during the term Chat with an Expert Our featured rates 3-Year Rate Option 0.850% 5-Year Rate Option 1.000% 2-Year Rate Option 0.650% View all term deposit rates OPENING A TERM DEPOSIT Talk to an advisor to get the right term deposit Term deposits are a great investment tool. We'll help you determine what term deposit fits your savings goals, including: Saving for a short-term or longer term goal Needing access to the funds Getting the best rate available Chat with an Expert ONLINE SUPPORT Not finding what you're looking for? Let one of Island-based experts help. Talk to a representative online now Not quite the right term deposit? Take me to a term deposit that: Is redeemable during the term Has a rate increase every year Provides higher interest but is not redeemable Products, features and rates are subject to change without notice. All rates are quoted per annum, unless otherwise noted. In the event of a discrepancy between the rates posted on this website and the official rates posted in our branches, the latter shall prevail. Connect with Coastal Community We're here for you. 1-888-741-1010 service@cccu.ca Find a branch/ATM Chat now Book a meeting ABOUT US Why Join? Our Story Media Reports Leadership Careers Member News COMMUNITY Programs Get Support SECURITY & PRIVACY Protecting Yourself Report Fraud Report Lost/Stolen Card Security/Privacy Policy Accessibility Legal TOOLS Rates Calculators LOGIN Online Banking Collabria Credit Card myCoastal Retirement Plan Qtrade Direct InvestingTM Insurance Connect Together, let's do great things. © Copyright 2021 Coastal Community Credit Union Check your Financial Health