Consider this GIC if you:
- Want to be able to access funds at any time after 30 days without penalty.
- Want a guaranteed interest rate.
- One year term GIC’s that can be renewed automatically on maturity.
- Available as part of an RRSP, TFSA, RESP, RDSP or Non-Registered portfolio.
- Minimum investment of $500 ($5,000 for monthly interest payments).
- Interest paid monthly or at maturity*.
- Eligible for CDIC insurance. Issued by The Bank of Nova Scotia, Montreal Trust Company of Canada, and National Trust Company. Please see CDIC Deposit Insurance Information for further details.CDIC (Canada Deposit Insurance Corporation) Eligibility does not apply to US currency.1
* Interest paid at maturity is the only option available for RRSP.
1 Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are insurable under the Canada Deposit Insurance Corporation Act.