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|
|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|
in buying GICs?
- 1 All Canadian dollar GICs with terms greater than five years and all U.S. dollar GICs are not insured by the Canada Deposit Insurance Corporation or Régie de l'assurance-dépôts du Québec.
- 2 Equal payments available.