Guaranteed Investment Certificate (GIC)
A Guaranteed Investment Certificate (GIC) is an investment account where funds are deposited for a set amount of time and the interest rate remains constant. GICs offer higher returns than standard savings accounts, making them a great option for those looking to save up for special events like weddings or vacations.
500
Minimum investment
At maturity
Access to your money
Some benefits of Guaranteed Investment Certificate (GIC)
Top rates
Get higher interest rates the longer you stay invested
Fixed interest
Make a once-off deposit and watch your money grow at a fixed rate
No Fees
No management fees are charged on your account
Flexibility
Several investment period options are available – from 730 days to 10,950 days
What you get
- You can choose an investment period
- There are no service fees charged
- Several investment period options are available – from 730 days to 10,950 days
- You can have more than one fixed deposit if you want to save for different goals
- You cannot withdraw funds from your fixed deposit during the term of your investment
- If you end your investment early, you will need to pay a penalty
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What you get
- You can choose an investment period
- There are no service fees charged
- Several investment period options are available – from 730 days to 10,950 days
- You can have more than one fixed deposit if you want to save for different goals
- You cannot withdraw funds from your fixed deposit during the term of your investment
- If you end your investment early, you will need to pay a penalty