Progress RRSP

At a glance

What is a Progress RRSP?

A Progress RRSP allows you to make quick RRSP contributions before the deadline, then transfer the funds to the investment solution you want. It's ideal if you're in a rush or having trouble making up your mind.

Perfect if you are looking to:

Contribute now and decide where to invest later
Benefit from an interest rate that increases based on the amount invested
Invest in a tax-sheltered vehicle
Reduce your taxable income
Choose an RRSP that can be transferred to a National Bank solution at any time

Minimum contribution

$500

Administration fees

$0

Investment horizon

No fixed term, transferable at any time

When it comes to my retirement, should I settle for less now to dream big later?

Feel free to ask an advisor

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Rate of return based on balance

Daily closing balance	Rate
$0 to $4,999	0.05%
$5,000 to $9,999	0.10%
$10,000 to $24,999	0.10%
from $25,000 to $49,999	0.15%
$50,000 or more	0.20%

Not sure what to do? Contribute now and sort the details out later.

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Little details that matter

Fees related to RRSPs

For information on fees related to RRSPs, refer to our brochure: Fees – Your Guide to Personal Banking Solutions, under "Registered Plans."

For information on rate increases or our new fee notification procedure, refer to our brochure: Fees – General Information and Agreement, under "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions."

Process for handling requests and complaints

For information on the procedure for submitting claims regarding RRSP product fees, see the complaint settlement process page.

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Cash Advance Liquidity Solution

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See the Cash Advance Liquidity Solution

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Enjoy a high interest rate on your RRSP contributions.

See the Altamira^® High-Interest CashPerformer Account

See all our solutions

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