1-Year Cashable GIC for Business
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) |
2.80% |
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.