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What is a business GIC?

A business GIC is a safe and secure way to grow your business’ savings. Putting funds away for a set amount of time guarantees that your business gets its initial investment back — plus earned interest — once the term is over.

Why a Coast Capital GIC could be right for you

  • Your business is looking for short- to medium-term growth (30 days to seven years)
  • You want a low-risk investment where the business is guaranteed to get its initial investment back
  • You want to start with at least $500
  • Your business is looking to build its portfolio

Short-Term GICs

With terms from 30 days to 12 months, they’re ideal for saving towards goals that are less than a year away. Most are redeemable GICs, which allow your business to withdraw its investment at any time, without penalty.

Short-Term GIC
Get a great interest rate with a short-term commitment. You pick the length that works for you.

Featured rates

2.20% One-month term
2.50% Four-month term
2.50% Nine-month term



† Read terms and conditions.
1 Year Better Than Cash® GIC

Enjoy the flexibility to redeem this GIC anytime. Redeem after at least six months to keep accrued interest.


Featured rates

2.60% One-year term



† Read terms and conditions.
1 Year Redeemable GIC

Enjoy the flexibility to redeem this GIC after 30 days without penalty.


Featured rates

2.00% One-year term



† Read terms and conditions.

Long-Term GICs

With terms from 12 months or more, ideal for investments that can be locked in for longer, but with a higher return.

1-5 Year Compound GIC

Interest earned will be added to the principal investment amount each year, and as a result, your business will earn more interest.


Featured rates

2.80% One-year term
3.00% Two-year term



† Read terms and conditions.
16 Month Flex GIC

Flexibility with a great return.


Featured rates

1.00% Months 1-8
4.50% Month 9-16
2.75% The effective
simple interest
rate if held to maturity



† Read terms and conditions.
3-Year Rising Rate GIC

Benefit from compound interest and the choice to redeem your business’ money on each anniversary, without penalty.


Featured rates

2.70% Year one
3.10% Year two
3.30% Year three



† Read terms and conditions.

Meet with a business advisor

Take advantage of our complimentary financial advice to help you reach your business goals. Whether you're looking to set your business up for success or planning for growth, our dedicated business advisors are here to support you every step of the way.

Join Coast Capital to help your business get ahead

Tailored financial advice when you need it

Our dedicated business advisors are an extension of your team, with complimentary financial advice specific to you and your goals.

Affordable banking and financing solutions

From chequing to financing, manage your business at any stage with ease and no hidden fees.

Award-winning digital
banking

Save time on day-to-day banking with the convenience of Coast Online and Mobile Banking.

CDIC Deposit ProtectionCDIC Deposit Protection

Coast Capital Savings Federal Credit Union is a member of the Canada Deposit Insurance Corporation (CDIC). More CDIC information

Only deposits payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.