1-5 Year Compounded GIC
Have earned interest added to your initial investment annually so you can earn interest on your interest.
Open a 1-5 Year GIC today
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 |
Interest Rates and Terms
Rate is subject to change at any time, without notice. Interest rates are calculated per annum, accrued daily, and paid monthly, annually or at maturity.
| Rate | Term Length |
|---|---|
| 2.80% | One year |
| 3.00% | Two-year term |
| 3.15% | Three-year term |
| 3.20% | Four-year term |
| 3.40% | Five-year term |
Compare similar GICs
Explore our options and find the GIC that fits your financial goals.
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 month
Paid 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


Start growing your money today
Invest in a 1-5 Year GIC online in as little as five minutes, or visit us in branch.
or call us at 1.888.517.7745
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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.
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