|Effective September 09, 2010|
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The Better-than-cash GIC is a flexible term deposit that pays like a locked-in rate, but it's redeemable with interest starting October 1, 20141.
Key featuresInterest rate of 1.45% 2
Only need $500 to get started
Redeemable with interest starting October 1, 2014
Apply OnlineTo open a term deposit, log in to Online Banking and click Open an Account. Or call 1-888-517-7000 Mon-Sat, 8am-8pm.
You shouldn’t have to lock in your money to earn a locked-in rate. Our Better-than-cash GIC is redeemable with full interest accrued starting October 1, 2014 and available with a minimum investment of only $500. So free up some money today.
Additional deposit features
This is the most helpful product for you if:
you want access to your savings, but you still want a competitive rateyou want to start saving, but aren’t sure what investment to choose
1GIC can be redeemed anytime but with no interest if redeemed prior to October 1, 2014.
2Rate as at April 1, 2014 and subject to change without notice.
Better-than-cash GICs opened before April 1, 2014 can be redeemed with interest on a different date. Contact us for details.