Non-Redeemable GICs

Consider this GIC if you:

  • Want competitive rates.
  • Are willing to invest funds for a set term to benefit from a fixed interest rate.
  • Want to choose from a variety of terms and interest payment options to meet your investment needs.
  • Want a guaranteed interest rate and security of principal

Plus:

  • Available as part of an RRSP, RRIF, TFSA, RESP, RDSP or Non-Registered portfolio.
  • Minimum investment of $500 ($5,000 for monthly interest payments).
  • Interest payment options ranging from monthly to annually.
  • Can be renewed automatically on maturity.
  • Eligible for CDIC Insurance. Issued by The Bank of Nova Scotia, Montreal Trust Company of Canada, National Trust Company and Scotia Mortgage Corporation. Please see CDIC Deposit Insurance Information for further details.CDIC (Canada Deposit Insurance Corporation) Eligibility does not apply to US currency.1

Non-Redeemable GIC Rates

Non-redeemable GIC features

Option Term Interest Payment Frequency Minimum Investment
Short-Term CDN $ 30-364 days At Maturity $500
Long-Term1 CDN $ 1-10 years Compounded annually or semi-annually2.
Interest paid at maturity, if annual or semi-annual compounding.
$500
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. $500
1-10 years Annually U.S. $500

Term

30-364 days

Interest Payment Frequency

At Maturity

Minimum Investment

$500

Term

1-10 years

Interest Payment Frequency

Compounded annually or semi-annually2.
Interest paid at maturity, if annual or semi-annual compounding.

Minimum Investment

$500

Term

1-10 years

Interest Payment Frequency

Monthly

Minimum Investment

$5,000

Term

1-29 days

Interest Payment Frequency

At Maturity

Minimum Investment

USD $100,000

Term

30-364 days

Interest Payment Frequency

At Maturity

Minimum Investment

$500

Term

1-10 years

Interest Payment Frequency

Annually

Minimum Investment

$500

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