Sign In
Sign In
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:
I'm a Scotia OnLine customer with an Investment Plan
Purchasing with Scotia OnLine is fast, easy and secure.
I'm a Scotia OnLine customer without an Investment Plan
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.
I'm not a Scotia OnLine customer
Visit one of our Advisors today at a Branch location convenient for you.
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.
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
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.
Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are insurable under the Canada Deposit Insurance Corporation Act.
Equal payments available.