BC damage deposit interest.
At the RTB's yearly rates.
Interest owed: $72.93
| Tenancy year | Interest |
|---|---|
| 2023-06-01 to 2024-06-01 | $33.97 |
| 2024-06-01 to 2025-06-01 | $30.25 |
| 2025-06-01 to 2026-06-01 | $8.71 |
| 2026-06-01 to 2026-11-12 | $0.00 |
This follows the method of the Residential Tenancy Branch's own calculator; if the two ever disagree, the Branch's figure is the one to use.
BC deposit interest rates
| Year | Rate |
|---|---|
| 2026 | 0% |
| 2025 | 0.95% |
| 2024 | 2.7% |
| 2023 | 1.95% |
| 2022 | 0% |
| 2021 | 0% |
| 2020 | 0% |
| 2019 | 0% |
| 2018 | 0% |
| 2017 | 0% |
| 2016 | 0% |
| 2015 | 0% |
| 2014 | 0% |
| 2013 | 0% |
| 2012 | 0% |
| 2011 | 0% |
| 2010 | 0% |
| 2009 | 0% |
Source: the Residential Tenancy Branch calculator's rate table (2000 onward; the calculator above covers those years). Checked October 16, 2026.
Questions
What is the BC deposit interest rate for 2026?
0%. The Residential Tenancy Branch set 0.95% for 2025, 2.7% for 2024 and 1.95% for 2023; it was 0% from 2009 through 2022.
How is the interest calculated?
The Residential Tenancy Branch calculator accrues interest daily at each calendar year's rate and adds it to the deposit on each anniversary of the tenancy. This calculator follows the same method.
When must a BC landlord return the deposit?
The tenant gives a forwarding address in writing. If there are no damages and the deposit has not been returned 15 days after that, the tenant can apply to the Residential Tenancy Branch. The deposit is returned with any interest owed.
How large can a BC damage deposit be?
A security deposit of up to half of one month's rent, and a separate pet damage deposit of up to half of one month's rent.
Return rules: gov.bc.ca, returning deposits.
More: British Columbia landlord-tenant laws · deposit rules by province · Ontario rent deposit interest calculator
General information, not legal advice.