Products

AcceleRate Savings
Acelerate GICs
AcceleRate TFSAs
AcceleRate RRSPs
AcceleRate RRIFs


AcceleRate RRSPs

A Registered Retirement Savings Plans is an investment designed primarily to save for your retirement. Contributing annually to an RRSP, may greatly reduce the amount of income tax you pay each year. In addition, the funds you deposit will have years of tax-deferred growth potential.

AcceleRate Financial offers two RRSP investment options:

Variable RRSP Savings

  • 100% guaranteed by the Deposit Guarantee Corporation of Manitoba
  • Start earning interest on the day the deposit is made regardless what day of the month it was deposited
  • 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
  • Automatic Transfer available from other financial institutions, minimum amount must be $25
  • Redeemable or transferable at any time
  • Cash withdrawals are subject to withholding tax
  • 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
  • 14 day rate guarantee for new money mailed to AcceleRate Financial
  • Maturity notices mailed 21 days in advance
  • 14 day rate guarantee for renewal of AcceleRate maturing GICs
  • Principal and interest will automatically renew upon maturity, unless otherwise instructed
  • 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