Guaranteed Investment Certificates (GIC)

Choose the worry-free investment

With a GIC, your principal investment is safe and the interest rate can be fixed or variable for the term of the investment.

Interested in purchasing GICs?

Buy through Scotia OnLine® or at your local branch.

Prefer to talk to us?

Call your advisor at 1(800)953-7441.

Cashable
GICs

Traditional GIC

Cashable GICs are one-year term investments that can be cashed any time after 30 days without penalty.

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Non-Redeemable GICs

Traditional GIC

A non-redeemable GIC generally yields a higher return.

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Accelerated
GICs

Specialty GIC

Reinvest on the 3 or 4-year anniversary of your GIC and, if rates are rising, benefit from an increased interest rate.

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The Ultimate
Laddered GIC™

Specialty GIC

Get the 3 or 5-year interest rate on the full amount of your investment, even in year one.

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Scotiabank GIC
with Flex

Specialty GIC

Get a more attractive return than most short-term investments, with the flexibility to move your money if you need to.

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Scotia Stock-Indexed GIC

Index-Linked GIC

Get a higher potential rate of return tied to the performance of the S&P/TSX 60 Index1, up to a specified maximum.

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There’s peace of mind in knowing you can change your mind.

Invest with ease with the Scotiabank GIC with Flex*.

GIC Historical Performance

  • 1 Standard and Poor's" and "S&P" are trademarks of The McGraw-Hill Companies and have been licensed for use by The Bank of Nova Scotia and its subsidiary companies. "TSX" is a trademark of The Toronto Stock Exchange and has been licensed for use by The Bank of Nova Scotia and its subsidiary companies. Scotia Stock- Indexed GICs are not sponsored, endorsed, sold or promoted by Standard & Poor's or The Toronto Stock Exchange and neither party makes any representation regarding the advisability of investing in these products. Read more
  • 2 The last issues of the US Market and G7 Scotia Stock-Indexed GICs were issued on January 12, 2009.
  • 3 The last issue of the Market Powered GIC was issued on January 18, 2011.
  • 4 The last issue of the Scotia Dividend Fund GIC was issued on October 18, 2010.