Compare GIC's (Guaranteed Investment Certificates)

Compare Competitive Interest Rate’s And Have The Flexibility To Choose Term’s That Matches Your Investment Goals.

Non registered GIC only

Compare Guaranteed Investment Certificates (G.I.C's)

What you'll need to apply


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12 Month Term
This option gives you a competitive rate, while offering the flexibility of a shorter term.
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24 Month Term
If you’re happy to lock it away for a bit longer, make your money work even harder for you.
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60 Month Term

Simply want to lock your money away for a year and forget about it? This is an example of a rate you will get

Monthly account fee
Application fee

The above rates are based on an investment of between $25,000 and $499,999


The GIC works much like a certificate of deposit in the U.S. In the case of GICs, you deposit money in the bank and earn interest on that money. The catch is, the money must be deposited for a fixed length of time, and interest rates vary according to how long that commitment is. When you buy a GIC, you are basically lending the bank money and getting paid interest in return for the favor.

GICs are considered safe investments because the financial institutions that sell them are legally obligated to return investors’ principal and interest. Even if the bank fails, investors are insured for up to 100,000 Canadian dollars by the Canadian Deposit Insurance Corporation (GDIC). People often purchase them for retirement plans because they provide a low-risk fixed rate of return and are insured, to a degree, by the Canadian government.


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Once you’ve compared, we will pass your details on to the most suitable Investment Provider

The investment provider will contact you directly to discuss their investment in more detail

If you are happy to go ahead, invest your money directly with the firm you are in contact with


Interest is calculated daily and paid when your GIC matures. For terms of 12 months or more, you can elect to have your interest paid half-yearly or annually – whichever works best for you.

This varies from provider to provider, but in general you’ll need to give at least 31 days’ notice. Please note that accessing your funds before maturity will often incur a prepayment cost, which is usually outlined in the terms and conditions.

If you haven’t provided instructions for when your term deposit matures, more often than not it will automatically be reinvested for the same term at the interest rate applicable on the date of maturity. You often will have seven calendar days after your funds are reinvested to make any changes (such as adding or withdrawing funds) at no cost.

The maximum amount you can deposit depends on the provider.

In general the maximum deposits are $499,999

If you’d like to apply for a higher term deposit amount, speak with the product provider who can instruct you on the process.

Compare Canada's best gic rates today