Is it possible to get the same interest rate as my old Time Deposit (TD)?

The rate that you will get for the new term of your Time Deposit (TD) will depend on the rate that is in effect on the rollover date.


For example, if Tonik still offers the 6% interest rate for 6 months TD on your rollover date, then your existing 6 months TD that's earning 6% interest rate will continue earning the same interest rate. But if the interest rate that is in effect on your rollover date will be at 4%, then your TD rollover will earn the new 4% interest rate. You can learn more about this in our website.