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Step Rate Term Deposits Step up to higher returns with London Civic’s Step Rate Term Deposit! On a minimum deposit of $500, your interest rates automatically ‘step up’ every year over the course of a three or five-year term. Interest may be paid annually or compounded at maturity – whatever works best for you. Our Step Rate Term Deposits feature both registered and non-registered products. And yes, your investments are eligible for your RRSP.
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