Guaranteed Investment Certificates (GICs)

Choose the worry-free investment

Types of GIC

Cashable GICs

Get a guaranteed rate and the flexibility to cash out

Learn more, Cashable GICs
Non-Redeemable GICs

Take your savings to the next level

Learn more, Non-Redeemable GICs
Market Linked GICs

Leverage the power of the stock market while keeping your investment safe.

Learn more, Market Linked GICs

Celebrate the Lunar New Year with our special GIC rate

388 days | 2.18%
Available for a limited time*.

Why choose a Scotiabank GIC?

When you invest in a GIC you’re guaranteed to get your principal investment amount back. Plus, traditional GICs offer a fixed interest rate so you know how much you’ll earn.

  • Stay safe and secure - Your principal investment amount is 100% guaranteed.

  • Customize your solution - You can choose the term you want, a fixed or variable interest rate and you can even opt to lock in your money or access it at anytime.

  • Save on taxes - Reduce taxes by holding your GIC within a Registered Plan, such as your Registered Retirement Savings Plan (RRSP) or your Tax-Free Savings Account (TFSA).

  • A bank account that does more, means you will too. 

    Receive Ultimate and Preferred rates on select Non-Redeemable GICs by signing up for an Ultimate Package or Preferred Package.

    Deposits are eligible to be insured under the CDIC Act only if they are in Canadian Currency, have a term of 5 years or less and are payable in Canada.

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