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What is a GIC?

A safe and secure way to grow your savings. By putting your funds away for a set amount of time, you're guaranteed to get your investment back plus earned interest once the term is over.

Why could a Coast Capital GIC be right for you?

  • You're looking for a short to medium-term growth (30 days to 7 years)
  • You want a low-risk investment where you're guaranteed to get your initial investment back
  • You want to start with at least $500
  • You're looking to build your portfolio, either in a registered plan like TFSA, FHSA or RRSP, or a non-registered account

Our GIC products

Rates effective May 26, 2025. Rates are subject to change without notice.

Short-term GICs

These GICs last from 30 days to 12 months, and are ideal for saving towards goals less than a year away.

Most are Redeemable GICs which allow you to withdraw your investment at any time, without penalty. For higher rates, consider a Long-term GIC.

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

These GICs last longer than 12 months and most are non-redeemable.

That means your investment is 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, you'll earn more interest.


Featured rates

2.80% One-year term
3.00% Two-year term
3.15% Three-year term
3.20% Four-year term
3.40% Five-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.
Market-Linked GIC

Tap into the stock market with this GIC where the return is based on the performance of an underlying market index.†


  • Potential to earn higher returns linked to stock market performance​
  • Principal investment protected​
  • Interest is compounded annually and paid at maturity​
  • Only $500 to get started​

 

† Read terms and conditions.

Our advice process gets you the right advice

Our professional advisors are here to understand your circumstances and unique goals to create a financial strategy that works for you.

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.