QA Prod Details
Test GIC
Access to funds
This is the flexibility to cash out (redeem) the GIC during the term.
Redeemable with interest after 30 days (no interest will be paid if redeemed within the first 30 days)
Minimum investment
$500
Interest
Choose from
- Paid every 8 months
- 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.
Availability
Available in Non-registered and Registered Account such as an RRSP, RIF, RESP or TFSA