Rates and Service Fees
Service Fees and Account Charges
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Important information about your SPARK The Energy Credit Union accounts
Posted: 2 November 2020
At SPARK, we’re committed to providing you products and services to help you meet your financial needs. With this in mind, we will be making some adjustments to our account charges to ensure we always deliver on this promise.
Click here for more information about the new service charges that will take effect on January 1, 2021.
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Last updated: February 2016
Download SPARK's current fee schedule here.
| Prime Rate (Rates effective 2020-03-31)
|
Rates |
| SPARK The Energy Credit Union Prime Rate |
2.45% |
| Mortgages (Rates effective 2020-10-19)
|
Rates |
| 3 Year Closed Variable |
2.45% |
| 5 Year Closed Variable |
2.45% |
| 6 Month Fixed Open Mortgage |
6.75% |
| 1 Year Fixed Open Mortgage |
6.35% |
| 1 Year Fixed Closed Mortgage |
2.30% |
| 2 Year Fixed Closed Mortgage |
2.32% |
| 3 Year Fixed Closed Mortgage |
2.17% |
| 4 Year Fixed Closed Mortgage |
2.24% |
| 5 Year Fixed Closed Mortgage |
2.21% |
| Registered Savings (Rates effective 2020-08-05)
|
| RRSP Variable |
0.10% |
| RRIF Variable |
0.10% |
| RESP Variable |
0.10% |
| LIRA or LIF Variable |
0.10% |
| TFSA Variable |
0.10% |
| Non-Registered, RRSP, TFSA, RRIF, and RESPs (Rates effective 2020-09-30)
|
Rates |
| 90 Day Non Redeemable |
0.15% |
| 180 Day Non Redeemable |
0.20% |
| 1 Year Non-Redeemable |
0.60% |
| 16 Month Non-Redeemable |
0.60% |
| 2 Year Non-Redeemable |
0.65% |
| 30 Month Non-Redeemable |
0.65% |
| 3 Year Non-Redeemable |
0.70% |
| 4 Year Non-Redeemable |
0.80% |
| 5 Year Non-Redeemable |
0.90% |
| Redeemable Term Deposits (Rates effective 2020-09-30)
|
| 90 Day Redeemable Term |
0.15% |
| 180 Day Redeemable Term |
0.20% |
| 5 Year Redeemable Term |
0.75% |
| CAD Savings (Rates effective 2020-08-05)
|
Rates |
| Regular Savings |
0.05% |
| Visions Youth Account |
0.10% |
| Premium Savings |
0.10% |
All principal and interest is 100% guaranteed by the Credit Union Deposit Guarantee Corporation, excluding common shares, investment shares, and mutual funds.
Click here to learn more about our deposit protection.
All rates and products are subject to change without notice.
