Flexi-Growth Term Deposit

Flexi-Growth 2 & 3 Year Term Deposits Non-Registered, TFSA, and RRSP Eligible
Key Differentiating Features
- Provides the opportunity to cash in the term any time after 90 days, at no penalty, while taking advantage of competitive interest rates.
- Interest is not tiered. For example, if redeemed within the 18 - 24 month range, earned interest is 1.10% from the start date of the investment based on the example chart below.
- Interest will be compounded annually and paid at redemption or maturity, interest earned is automatically reinvested into the term deposit.
- Deposits insured by Financial Services Regulatory Authority of Ontario (FSRA), formerly DICO, fsrao.ca

Features and benefits:
- Flexible – access your funds whenever you need them with no penalty
- Increase your earnings the longer you hold it - whenever you choose to redeem, you will earn the interest rate at your redemption level for the full duration that you held the term deposit (no tiered interest rates!)
- Competitive rates
- Available for registered and non-registered
- Have a minimum of $500 to invest ($100 if under 19 years of age)
- Alterna’s 2- and 3-Year Flexi-Growth Term Deposits can be redeemed in full any time after 90 days (no partial redemptions permitted)
- No penalties for redemptions
Visit your nearest Alterna Savings branch, or give us a call to purchase today!