Non-Redeemable GICs

Right for you if:

  • You want competitive rates
  • You are willing to have your funds locked-in
  • Get a higher return A non-redeemable GIC generally yields a higher return.
  • Choose better rates and increased flexibility
    Pick terms from 30 days to 10 years for non-registered GICs, and 90 days to 5 years for RRSPs/RRIFs.
  • Guaranteed interest rate and security of principal


Available as part of an RRSP, RRIF, TFSA, RESP, RDSP or Non-Registered portfolio.

Minimum investment of $1,000 ($5,000 for monthly interest payments)

Interest payment options ranging from monthly to annually.

Issued by the Bank of Nova Scotia, Montreal Trust Company of Canada, National Trust Company and Scotia Mortgage Corporation.

Can be renewed automatically on maturity.

View current rates

Pre-book up to 14 days in advance on renewals and new purchase for non-registered plans. Pre-book on Special Non-Redeemable GIC rates is available for up to 3 days only.

Get guaranteed rates for up to 35 days prior to maturity, and 60 days for RRSP/RRIF transfers-in.

Option Term Interest Payment Frequency Minimum Investment
30-364 days At Maturity $1,000
1-10 years Compounded annually or semi-annually2. Interest paid at maturity, if annual or semi-annual compounding. $1,000
1-10 years Monthly2 $5,000
U.S. Dollar1 1-29 days At Maturity U.S. $100,000
30-364 days At Maturity U.S. $1,000
1-10 years Annually U.S. $1,000

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