Competitive interest and guaranteed returns on US dollars (USD).
Earn USD interest on USD
Conducting business in US dollars? Make those dollars earn even more. Take advantage of competitive interest rates in USD.
Choose from flexible terms
Only you know when you'll need access to your US dollars. Leave your money in this GIC for a term that works for you, from 30 days to five years.
Invest safely and securely. You won't lose sleep at night because your original investment and the interest you earn are fully guaranteed.
Frequently Asked Questions
The minimum investment is $1,000 USD, regardless of the length of term.
You can redeem at any time without penalty.
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 the specific portions of your term during which you can access your funds.
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 at any point in your term—though how soon you redeem your principal may affect how much interest you earn.
Yes, you can. The Business US Dollar Non-Redeemable GIC can be held as a joint investment between two co-signers.
Rates can depend on the term, interest frequency and investment option you select and are subject to change without notice.
Non-registered product. Also referred to as a Fixed Date Deposit.
This product is for Business & Agriculture clients only.