2021 Deposit Interest Rate – BC

The interest rate for Security and Pet Damage Deposits for 2021 is 0.00%. It is important to note that interest is calculated annually but has been at 0.00% since 2009. If you are returning a deposit taken prior to January 1, 2009 you may need to pay interest. Use the Residential Tenancy Branch’s Deposit Interest Calculator to determine how much interest is owed.