Competitive interest and guaranteed returns on US dollars (USD).
Put US dollars to work
Make your US dollars earn even more. Take advantage of competitive interest rates paid 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
You can at any time.
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. When you pool your resources, everyone wins. You can open this GIC as a joint investment.
Depends on term and frequency selected.
$100 for Generation Account holders. For all other investors, $500 for terms 1 year or greater and $1,000 for terms less than 1 year.