RRSP loans

Replenish your retirement savings and get instant tax benefits

Catch-up RRSP loan

Boost your Registered Retirement Savings Plan with an RRSP loan

Get your retirement savings on track with a loan that offers low interest rates, extra payment options, and an annual cash rebate. Plus, take advantage of the 60 day payment deferral option and push off your first payment until you receive your tax refund.

Flexible options
- Interest rate
  Save more with a competitive variable interest rate
- Terms for catch-up loans
  1 to 5 year terms available based on the total loan amount and your financial situation
- Available all year
  RRSP loans are available throughout the year
- Payment frequency
  Monthly, semi-monthly, bi-weekly, and weekly payment plans available

Features
- 60 day payment deferral option
  Delay your first loan payment until you receive your tax refund
- Lower interest rates
  Get competitive interest rates so you can save more for your future
- Easy approval process
  Fill out an application and get approved quickly
- Receive an annual cash rebate
  Earn cash on interest paid during the previous calendar year through memberSHARE*

Apply now Book an appointment

*memberSHARE Loyalty Program dividend, bonus and rebate percentages are announced annually and payment is not guaranteed. A $5 minimum payment per account is required to receive payment.

Re-advanceable RRSP loan

Stay on track — apply once and simply re-borrow each year

Save for your future with an RRSP loan that offers low interest rates, extra payment options, and an annual cash rebate. Plus, take advantage of the 60 day payment deferral option every year and push off your first payment until you receive your tax refund.

Flexible options
- Interest rate
  Save more with a competitive variable interest rate
- Terms for re-advanceable RRSP loans
  Available for up to one year based on the total loan amount and your financial situation
- Available all year
  RRSP loans are available throughout the year
- Payment frequency
  Monthly, semi-monthly, bi-weekly, and weekly payment plans available

Features
- Lower interest rates
  Get competitive interest rates so you can save more for your future
- Easy approval process
  Get approved instantly, then simply re-advance each year by phone, email, or in person
- 60 day payment deferral option
  Delay your first loan payment until you receive your tax refund
- Receive an annual cash rebate
  Earn cash on interest paid during the previous calendar year through memberSHARE*

Apply now Book an appointment

More RRSP loan features

memberSHARE Loyalty Program	Eligible for annual product bundle payments and cash rebates on loan interest*
Made to fit	Payment amounts and frequency tailored to your budget and lifestyle
Pay your loan off faster	Use your tax refund to pay down your RRSP loan
Payment protection	Get insurance to cover your payments in case of the unexpected

Apply now Book an appointment

*memberSHARE Loyalty Program dividend, bonus and rebate percentages are announced annually and payment is not guaranteed. A $5 minimum payment per account is required to receive payment.

memberSHARE eligible

Earn when you bank
Tax-Free Savings Accounts are memberSHARE eligible. Earn cash bonuses every year when you bundle qualifying products.

"I'm happy to be on a program where I earn more than I expect each year."

- Sara J.

Learn how

Loan calculator

Use the loan calculator to determine how much you can borrow and to estimate your monthly payments

Borrowing tips

When to choose a loan

You want a structured plan with set monthly payments. Get funds to make a one-time large purchase, or catch up on your RRSP contributions. Consider a loan if you want to: