|Daily closing balance||Rate||contribute|
|$ 0.00 to $ 4,999.99||0.500%|
|$ 5,000.00 to $ 9,999.99||0.900%|
|$ 10,000.00 to $ 24,999.99||1.000%|
|$ 25,000.00 to $ 49,999.99||1.250%|
|$ 50,000.00 and more||1.500%|
With the Systematic Savings RRSP, you decide the amount and the frequency of your contributions, which are then automatically withdrawn from your account. Easier to manage than one large contribution at the end of the year, the Systematic Savings RRSP is transferable at any time and its tiered interest rate is higher than that of the Progress RRSP.