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1-Year Cashable GIC for Business

1-Year Cashable GIC for Business

Invest and earn interest without risking your business savings

This is a great option for you if:

  • You want short-term savings with a great interest rate
  • You want the option to access your money any time
  • You have a minimum of $100 to invest

 

Rates*

0-90 days: 0.00%
91-365 days:
1 Year (Full Term)
3.85%

 

A more advantageous redemption rate!

Good news! We've changed the formerly tiered interest calculation for our 1-Year Cashable GIC to a simple flat rate after 90 days. This means you’ll earn the stated interest rate immediately instead of waiting a year for it to kick in.

 

Minimum investment

$100

 

Accessing your cash**

You can access your cash anytime, with no penalty

 

Interest

  • Interest is paid at maturity, or when the GIC is cashed out.
  • You earn more interest the longer you keep your money invested.
  • If you withdraw funds within the first 90 days, no interest is paid.

 

Explore all rates