Our Rates — Posted, Real, Final
No negotiation required. No hidden "special" tier. No branch-manager discretion pricing. The rate you see is the rate you get — whether you're depositing $5,000 or $500,000, whether you walked in today or opened your account in 2014.
One Rate for Every Client
At most banks, posted rates are a starting position. The rate you actually receive depends on how aggressively you negotiate, how much business you bring, or whether your advisor feels like making an exception that day. We think that's fundamentally unfair.
At RosalBank, every client receives the same posted rate for the same product and term. A first-time saver opening a 1-Year GIC gets 4.25% — the same rate as the business owner rolling over $400,000. No loyalty tiers, no relationship pricing games, no "let me talk to my manager." We set competitive rates, we publish them, and we honour them for everyone.
All deposit products below are eligible for CDIC insurance up to $100,000 per insured category, per depositor. Rates are reviewed monthly by our treasury team and updated on this page the same day any change takes effect. If you'd prefer to discuss rates in person, visit any of our five branches or call (778) 268-2255.
Earn More on Every Dollar You Save
Effective date: January 15, 2026
Whether you're building an emergency fund in our High-Interest Savings Account or locking in a guaranteed return with a GIC, your money works harder at RosalBank. Our GIC rates consistently outperform the Big Five banks because we don't carry the overhead of 1,200 branches and a Super Bowl ad budget. That savings goes directly into your return.
| Product | Rate (Annual) |
|---|---|
| High-Interest Savings Account | 3.25% |
| 30-Day GIC | 3.50% |
| 90-Day GIC | 3.75% |
| 6-Month GIC | 4.00% |
| 1-Year GIC | 4.25% |
| 2-Year GIC | 4.35% |
| 3-Year GIC | 4.40% |
| 5-Year GIC | 4.50% |
| Non-Profit GIC Bonus | +0.15% on all terms |
Deposits above $100,000 may qualify for a modest term-dependent premium — typically an additional 0.05% to 0.10% depending on the term selected. Ask your advisor or contact us for details.
GIC interest can be paid monthly, annually, or at maturity depending on the term. All GICs are non-redeemable before maturity unless otherwise noted at the time of purchase. For a full breakdown of savings account tiers and features, visit our personal banking page.
Mortgage Rates That Don't Require Haggling
Effective date: January 15, 2026
Every RosalBank mortgage is underwritten by a human lending officer right here in British Columbia — not scored by an algorithm in another province. Our posted mortgage rates are real rates, not inflated starting points designed to be "negotiated down." Whether you're a first-time buyer in Surrey or refinancing a property in Abbotsford, you'll receive the rate listed below if you qualify. Learn more about our full mortgage process on the loans page.
| Term | Fixed Rate | Variable Rate |
|---|---|---|
| 1-Year Fixed | 5.84% | — |
| 2-Year Fixed | 5.49% | — |
| 3-Year Fixed | 4.99% | — |
| 5-Year Fixed | 4.74% | — |
| 7-Year Fixed | 5.19% | — |
| 10-Year Fixed | 5.69% | — |
| Variable Rate | — | Prime − 0.45% |
All rates subject to qualification. The B-20 stress test applies: you must qualify at the contract rate + 2% or the benchmark rate (currently 5.25%), whichever is higher. Amortization periods up to 25 years on insured mortgages and up to 30 years on conventional mortgages with 20%+ down payment.
Pre-approvals are available for up to 120 days with a rate hold at today's posted rate. Portable and assumable mortgage options are available on select fixed-rate terms. Prepayment privileges of up to 20% of the original principal per calendar year are included on all RosalBank mortgages at no penalty.
Average time from application to approval: 8 business days. Not 8 weeks. See the full lending process →
Personal & Business Lending — Transparent Spreads
Our lending rates are expressed as a spread above the Bank of Canada prime rate so you always know exactly what you're paying and why. For business clients, the specific rate within the posted range is determined by your credit profile, industry, collateral, and cash flow — and your assigned lending officer will walk you through the exact factors in your case. No surprises at closing. Explore our full range of loan products or learn about business banking relationships.
| Product | Rate |
|---|---|
| Personal Line of Credit (Secured) | Prime + 0.50% |
| Personal Line of Credit (Unsecured) | Prime + 2.50% |
| HELOC | Prime + 0.50% |
| Business Line of Credit | Prime + 1.25% to Prime + 2.75% |
| Equipment Financing | Prime + 1.50% to Prime + 2.25% |
| Commercial Term Loan | Prime + 1.60% to Prime + 3.00% |
Rates vary based on creditworthiness, collateral quality, industry factors, and the overall banking relationship. Every application is reviewed by a human underwriter at our Surrey office — we never outsource credit decisions to automated scoring systems or third-party processors.
HELOCs are available up to 65% loan-to-value on residential properties in British Columbia. Business lines of credit are revolving and reviewed annually. Equipment financing terms range from 24 to 84 months depending on asset type and useful life.
Current Bank of Canada Prime Rate: 5.45%
Account Fees With Nothing Hidden
We publish every fee, for every account, on this page. There are no "miscellaneous service charges" buried in fine print, no surprise monthly maintenance fees that only appear on your first statement, and no penalty for calling us to ask questions. Our Essential Chequing account is genuinely free — no minimum balance, no direct deposit requirement, no strings. For a more detailed comparison of what's included in each tier, visit our personal banking or business banking pages.
| Account | Monthly Fee | Transactions | e-Transfers |
|---|---|---|---|
| Essential Chequing | $0 | 15 included, $0.65 each after | $1.50 each |
| Advantage Chequing | $9.95 | Unlimited | Free |
| Premium Chequing | $17.95 | Unlimited | Free |
| Business Operating | $14.95 | 50 included, $0.30 each after | Free |
| Non-Profit Account | $0 | $0 electronic, $0.50/cheque | Free |
Advantage and Premium Chequing monthly fees are waived when you maintain a minimum daily balance of $3,000 or $5,000 respectively. Senior clients (65+) receive a $2.00 monthly discount on any fee-bearing personal account. Students and newcomers to Canada within their first 12 months may qualify for the Advantage tier at no monthly charge — ask us about eligibility.
Full Fee Disclosure Summary available at any of our five branch locations, by email request, or by calling (778) 268-2255.
Other Common Fees
We know surprise fees erode trust faster than almost anything else in banking. Here are the most commonly asked-about service charges so you're never caught off guard.
| Service | Fee |
|---|---|
| NSF / Returned Item | $45.00 |
| Certified Cheque | $10.00 |
| Bank Draft | $8.50 |
| Wire Transfer (Outgoing Domestic) | $25.00 |
| Wire Transfer (Outgoing International) | $45.00 |
| Stop Payment | $15.00 |
| Paper Statement (mailed monthly) | $2.00 / month |
| e-Statements | Free |
| Safety Deposit Box (Small) | $60.00 / year |
| Safety Deposit Box (Large) | $120.00 / year |
Premium Chequing clients receive two complimentary bank drafts and one free wire transfer per calendar year. All account holders receive unlimited free e-statements and free online/mobile banking access.
Why Transparent Pricing Works
No spread between posted and offered. No haggling bonus. One rate, every client, same term. Since our founding in 2014, this approach has built a bank that grows almost entirely through referrals — because when clients know they're getting the real rate, they tell their families, their business partners, and their neighbours. The result is a 94% retention rate and a default rate 40% below the national average, because trust works both ways.
Want to understand how a small bank consistently outperforms? Read our story →
These Are Our Rates. Not a Starting Position.
Open an account and receive the posted rate — the same one every other client gets. No negotiation, no tiered loyalty programs, no bait-and-switch. Transparent, competitive, final. Walk into any of our five BC branches, call (778) 268-2255, or fill out the form online. Most accounts are fully opened within 10 minutes.