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Trending searchesExplore Scotiabank’s GICs
Grow your surplus funds with a Guaranteed Investment Certificate (GIC) designed for your business.
All GICs. Discover your options.
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Non Redeemable GIC
Earn a higher rate by locking in your investment
Choose from a range of investment terms
Benefit from predictable and guaranteed growth
Redeemable GIC
Redeem before maturity if business needs change
Earn a competitive rate of return
Balance growth potential with added flexibility
Cashable GIC
Access your funds whenever you need them
Earn interest on surplus cash
Enjoy a secure investment option with flexible access
Frequently asked questions
A business GIC allows you to invest your business funds for a set term while earning a guaranteed rate of interest. Depending on the type of GIC you choose, you may also have access to your funds before maturity. Business GICs can help you grow surplus cash, earn predictable returns, and preserve your principal.
Both business GICs and business savings accounts can help you grow your business funds, but they work differently. A business savings account lets you access your money whenever you need it, while a GIC typically invests your funds for a fixed term in exchange for a guaranteed rate of return. The right option depends on your cash flow needs and how long you can set funds aside.
The right business GIC depends on how long you plan to invest your funds and whether you'll need access to them before maturity. If you're comfortable locking in your funds for a fixed term, a non-redeemable GIC may help maximize your return. If flexibility is important, consider a redeemable or cashable GIC. Compare your options to find the solution that fits your business needs.
