Products

AcceleRate Savings
Acelerate GICs
AcceleRate TFSAs
AcceleRate RRSPs
AcceleRate RRIFs


AcceleRate RRIFs

AcceleRate Financial offers Registered Retirement Income Fund products to all investors who have contributed to an RRSPs through-out the years. RRIFs can easily be transferred to AcceleRate Financial from other financial institutions across Canada.

By investing in an AcceleRate RRIF you will not only receive high rates of return on your investments, but our RRIF offers these services in addition:

  • Minimum amount required to open your RRIF is $5,000
  • Payment frequency is monthly, quarterly, semi-annually or annually
  • Payment options may be minimum payment, specified payment or specified term
  • Additional lump sum payments of up to 20% of RRIF balance permitted annually (conditions may apply)
  • RRIF payments paid to an AcceleRate high interest savings account

AcceleRate Financial offers two RRIF investment options:

Variable RRIF Savings

  • 100% guaranteed by the Deposit Guarantee Corporation of Manitoba
  • No minimum balance required to earn our high rates of interest
  • No length of time the funds must be on deposit to earn our high rates of interest
  • No monthly maintenance fees
  • Interest calculated on the daily closing balance and paid annually on December 31
  • Redeemable or transferable at any time
  • Cash withdrawal are subject to withholding tax where applicable
  • Account information available on Internet Banking or by ExpressLine Telephone Banking or on a descriptive quarterly statement

Guaranteed Investment Certificates

  • 100% guaranteed by the Deposit Guarantee Corporation of Manitoba
  • Terms from 1-7 years
  • Minimum deposit of only $500
  • Terms not redeemable prior to maturity
  • Interest compounded annually
  • Maturity notices mailed 21 days in advance
  • 14 day rate guarantee for renewal of AcceleRate maturing GICs
  • 30 day rate guarantees for transfers from other financial institutions
  • Account information available on Internet Banking or by ExpressLine Telephone Banking or on a descriptive quarterly statement