If you have funds you don't need right away, a term savings investment is a good way to help make this amount grow without risking your capital.
This can help you accumulate extra money that you can use toward a vacation, to take time off work or to save for retirement.
Features
- Principal 100% guaranteed.
- Short-, medium- or long-term investments.
- Set maturity date or term.
- A variety of interest payment options.
- Guaranteed interest rates.
- Eligible for TFSAs (some exceptions apply), RRSPs and other retirement savings plans.
- In Ontario, deposits in registered savings plans are insured for their total amount. Other deposits in Canadian dollars are insured up to $100,000 by the Deposit Insurance Corporation of Ontario.
| 1-Year Cashable GICs |
Access funds at all times while your savings grow at an attractive rate. |
3-Year Escalator GIC
|
Get higher returns with multiple interest rates that increase from year to year and are guaranteed until maturity. |
| U.S. Dollar Term Savings |
Make your U.S. dollar savings grow while protected from the fluctuations of changing interest rates. |
