GICs

Business Cashable GIC

A fixed-term, cashable investment with guaranteed returns.

Grow your business funds

Deposit your money for a limited period of time and earn a predictable return. It's minimal risk investing with the option to cash in without penalty.

Rest assured

​​​Your original investment amount (principal) and return are fully guaranteed, so you don't need to worry about a fluctuating stock market.

Earn guaranteed interest

Need to withdraw earlier than the 1-year term? There's no penalty to do so but you'll get a lower (still guaranteed) rate of return.

Key product details

Fees No fees
Interest earned Check current rates1
Term range 1 year with different rates for redemption:
>less than 30 days
>30 to 90 days
>greater than 90 days
Minimum investment $1,000 
Cashability No fees or redemption penalty

Frequently Asked Questions

Your rate of return changes based on when you make a withdrawal:

Non-Registered Investments

Withdrawal Period      Rate of Return

First 29 days of term      Current rate

First 30-89 days of term Current rate

90 days of term or later  Current rate

When you cash a GIC, you get your principal back along with interest earned at the GIC's standard rate. That means that if you have a GIC designed to be 'cashable' before the end of its term, your principal earns full interest for as long as the money remains in your GIC.

Some cashable GICs have restrictions on specific portions of your term during which you can access your funds at the full rate of return.

When you have a GIC designed to be 'redeemable' before the end of its term, you can still get your full principal back, but with interest earned at a lower rate than if you left your principal in the GIC for the full term.

Redeemable GICs are typically redeemable in any point in your term—though how soon you redeem your principal may affect how much interest you earn.

Yes, you can. The Business Cashable GIC can be held as a joint investment between two co-signers.

Connect with an expert.

ATB's Business Cashable GIC. A smart investment to help you grow your money—safely and predictably.

Need help?

Our Client Care team will be happy to assist.