GIC Details
| Available terms and rates | 1-5 years |
|---|---|
| Access to funds This is the flexibility to cash out redeem the GIC during the term. |
Non-redeemable  With non-redeemable GICs, there’s penalty if you take your investment out before the GIC matures. If you may need access to the funds, consider a redeemable option. |
| Minimum investment | $500 |
| Interest earned |
Choose from:
|
| Availability | Available in non-registered and registered accounts including RRSP, RIF, RESP, FHSA or TFSA |
1 - 5 years GIC
16 Month Flex GIC
3-Year Rising GIC
Available terms
1-5 Years
16 Months
3 Years
Access to funds 
This is the flexibility to cash out (redeem) the GIC during the term.
This is the flexibility to cash out (redeem) the GIC during the term.Non-Redeemable With non-redeemable GICs, there’s penalty if you take your investment out before the GIC matures. If you may need access to the funds, consider a redeemable option.
With non-redeemable GICs, there’s penalty if you take your investment out before the GIC matures. If you may need access to the funds, consider a redeemable option.
Redeemable after 30 days without penalty on interest payable
Redeemable in part of full on GIC anniversary date
Minimum investment
$500
$500
$500
Interest earning options
Paid annually Get an interest payment on each anniversary of opening the GIC.
Get an interest payment on each anniversary of opening the GIC.Compound annually Have earned interest added to the initial investment annually so you earn interest on your interest. Then get a lump sum interest payment at the end of the term.
Have earned interest added to the initial investment annually so you earn interest on your interest. Then get a lump sum interest payment at the end of the term.Paid monthly Get an interest payment each month
Get an interest payment each monthPaid every 8 months
Compound at 8 months
Availability
Available as a Non-registered account
Available as a Registered Account such as an RRSP, RIF, RESP or TFSA
Available as a Registered Account such as an FHSA
Connect with us
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.