Rate Option Term Deposit

Lock in at higher interest rates if they rise

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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


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

Our featured rates

3-Year Rate Option


5-Year Rate Option


2-Year Rate Option



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


Not finding what you're looking for?

Let one of Island-based experts help. 

 Talk to a representative online now

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.

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