GIC Details
| Available terms and rates | 1 - 9 months |
|---|---|
| Access to funds This is the flexibility to cash out, or deem, 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 |
Paid at maturity |
| Availability | Available in non-registered and registered accounts including RRSP, RIF, RESP or TFSA |
Short-term GIC
1-Year Better-Than-Cash GIC
1-Year Redeemable GIC
Available terms
1 to 9 months
1 Year
1 Year
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.Redeemable at any time
Minimal length for interest payable to be redeemable without penalty
At term
6 months
30 days
Minimum investment
$500
$500
$500
Interest earning options
Paid at maturity Get a lump sum interest payment at the end of the term.
Get a lump sum interest payment at the end of the term.Paid annually Get an interest payment on each anniversary of opening the GIC.
Get an interest payment on each anniversary of opening the GIC.Availability
Available as a Non-registered account
Available as a Registered Account such as an RRSP, RIF, RESP or TFSA
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.