Top up your retirement savings with an RRSP investment loan.
Whether you’re looking to make a smaller RRSP contribution or meet your annual contribution limit, this convenient product lets you take advantage of the tax break this year. Choose from one of our flexible repayment terms then come back next year to top up again.
Key features of our RRSP investment loan:
Terms available from 1–5 years
Competitive variable rate of 4.25%
Choice of repayment schedule
Option to make extra payments at any time without penalty
Option to include life, disability and critical illness insurance
You can also choose our RRSP investment line of credit and pay it down at your convenience then use it again next year without having to re-apply! Don’t wait – the RRSP deadline is March 1st, 2019.
*Offer is available for a limited time and is subject to important conditions. Prospective new members must open a membership and purchase $5.00 in Membership Shares. Momentum Credit Union rates and offers are subject to change at any time without notice. Rate subject to change based on approved credit.