Investors can get the benefits of a competitive return on their deposits in a safe parking place without having to commit to any specific fixed-rate or term. This investment tool is suitable for investors with cash that may be ear-marked for a particular use in the near-future, for people who want to stay out of the market temporarily (waiting for an opportunity) or for those that need the flexibility of having access to their money “just-in-case”. These accounts are used for non-registered monies and are a great place for investors to accumulate savings that will be paid a guaranteed rate of return.