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Open a 1-Year Redeemable GIC today

GIC Details

Available terms and rates 1 Year
Access to funds
This is the flexibility to cash out, or deem, the GIC during the term.
Redeemable Have the flexibility to cash out the GIC during the term.
  • Redeemable after 30 days without penalty on payable interest.
Minimum investment $500
Interest

Paid annually Get an interest payment on each anniversary of opening the GIC.

Availability Available in non-registered and registered accounts inclusing RRSP, RIF, RESP 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 at maturity.

Rate Term Length
2.00% 1 Year

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1-Year Redeemable GIC
1-Year Better-Than-Cash GIC
Short-term GIC
Available terms
1 Year
1 Year
1 to 9 months
Access to funds This is the flexibility to cash out (redeem) the GIC during the term.
 
 
 
Redeemable at any time

 

yes
yes

 

Minimal length for interest payable to be redeemable without penalty
30 days
6 months
At term
Minimum investment
$500
$500
$500
Interest earning options
 
 
 
Paid annually Get an interest payment on each anniversary of opening the GIC.
yes
yes
 
Paid at maturity Get a lump sum interest payment at the end of the term.
 
 
yes
Availability
 
 
 
Available as a Non-registered account
yes
yes
yes
Available as a Registered Account such as an RRSP, RIF, RESP or TFSA
yes
yes
yes
Start growing your money today

Invest in a 1-Year Redeemable GIC online in as little as five minutes, or visit us in branch.

or call us at 1.888.517.7745

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.