Benefits of a 1-Year Cashable GIC
Access your money any time you need it, with no penalty. Plus, it’s available for non-registered and TFSA plans.
Fast track your short-term savings goals with our very competitive rate.
You don’t need lots of money to get started. The minimum deposit is only $100.
If cashed out before 90 days: 0.00%
Between 91-180 days: 0.40%
Between 181-364 days: 0.55%
At maturity (1 year): 0.85%
Accessing your cash
You can access your cash anytime, with no penalty
- 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.
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