Guaranteed Investment Certificate (GIC)

Act now to take advantage of higher returns

Special rate: 2.20% for 18-months

(limited time only)

Non-redeemable GICs

What is a non-redeemable GIC?

When you buy a non-redeemable GIC, you agree to invest a certain amount of money for a set length of time (term) to benefit from a fixed interest rate. When your term is up, you can either cash in your GIC – and get your initial investment back plus interest – or renew your term and keep growing.

A low-risk investment

You are guaranteed to get your initial investment back, plus interest, at the end of your term.

Stable growth

Your interest rates are consistent for the length of your term, no matter what the market is doing.

Competitive rates

Save for the short-term or invest for the long term with our competitive rates.

Purchase your Non-Redeemable GIC

To get started, choose one of the following options:

Purchasing with Scotia OnLine is fast, easy and secure.

Buy Now

You'll need a Registered Plan or a Non-Registered Plan to purchase your GIC.

Opening Plans on Scotia OnLine is fast, easy and secure.

Open Now

 

Visit one of our Advisors today at a Branch location convenient for you.

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Your non-redeemable GIC options

All non-redeemable GICs are available as part of a registered or non-registered investment portfolio, and can be automatically renewed on maturity. Canadian (CDN) GICs are eligible for CDIC insurance.

Short-Term CDN $

Term: 30-364 days

Investment Payment Frequency: At Maturity

Mininum Investment: $500

Long-Term1 CDN $

Term: 1-10 years

Investment Payment Frequency: Compounded annually or semi-annually2. Interest paid at maturity, if annual or semi-annual compounding.

Mininum Investment: $500

Long-Term1 CDN $

Term: 1-10 years

Investment Payment Frequency: Monthly2

Mininum Investment: $5,000

US Dollar1

Term: 1-29 days

Investment Payment Frequency: At Maturity

Mininum Investment: U.S. $100,000

US Dollar1

Term: 30-364 days

Investment Payment Frequency: At Maturity

Mininum Investment: $500

US Dollar1

Term: 1-10 years

Investment Payment Frequency: At Maturity

Mininum Investment: $500

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