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Savings · Canada

Peoples Bank of Canada

e-Savings Account

1.20% AER · fixed rate
Min. Deposit
No minimum
Term
1 year
Protection
CDIC Coverage

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You're in the Queue

What $25,000.00 Earns You

At 1.20% AER over 1 year. Take the interest once a year, or leave it in to compound.

You Deposit $25,000.00
Paid Once a Year $300.00
Total Interest $300.00
Balance at the End $25,300.00

Each $300.00 interest payment is paid to you directly, and $300.00 is what they add up to over the term. The figure at the end is your initial investment of $25,000.00 paid back plus your final interest payment.

Where You Stand

CDIC Coverage

Covered up to $100,000.00 per person if Peoples Bank of Canada fails.

Product Details

Type
Savings
Term
1 year
How Interest Is Paid
Once a year Left to compound
Min. Deposit
No minimum
Protection
CDIC Coverage
Coverage
$100,000.00
Region
Canada

Eligibility & Details

  • CDIC member.
  • Requires linked account for GIC payouts.

Happy Saver is a comparison site, not a financial adviser. Figures use a $25,000.00 example at 1.20% over 1 year, compounded annually where shown. Confirm all terms with Peoples Bank of Canada before you commit.