RESPs

Registered Education Savings Plans

Rates are stated per annum and subject to change at any time without notice. For more information about Tandia's interest rates, visit your branch, call our Member Solutions Centre: 1.800.598.2891 or contact us.

Tandia RESPs are administered in trust by Concentra Financial and statements are issued annually.
1 - 5 Year Non-Redeemable RESPs (Rates effective 2018-10-12) Rates
1 Year RESP 1.45%
18 Mo. RESP 1.45%
2 Year RESP 1.45%
3 Year RESP 3.00%
4 Year RESP 1.70%
5 Year RESP 3.25%
Minimum $500, non-redeemable. Renews for same term at maturity.
1 Year Cashable RESP (Rates effective 2018-10-12) Rates
minimum $500 1.20%
Cashable with penalty. Renews for same term at maturity.
RESP Variable Savings (Rates effective 2018-10-12) Rates
no minimum 0.25%
Interest is calculated on the closing daily balance and paid semi-annually.

Interest rates are stated per annum and are subject to change at any time without notice.

Unless otherwise noted, interest on RESP deposits of 1 year or more is paid or compounded annually.

Deposits insured by the Deposit Insurance Corporation of Ontario.  Deposits in registered plans are fully insured.  Other Canadian dollar deposits insured up to $250,000.  For further information on deposit insurance, call DICO at 1.800.268.6653 visit www.dico.com.

 

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