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A GIC is a secure investment that guarantees 100% of your principal and interest when held to maturity while earning interest at a fixed or variable rate, or based on a specific formula. At RBC Royal Bank, you have a broad choice of GICs, making it easy to find one that fits your goals.
- View GIC Rates
Interest rates are subject to change without notice at any...
- RBC Marketsmart GICS
RBC Marketsmart GICS - Guaranteed Investment Certificates...
- Guaranteed-Return GICS
Guaranteed-Return GICS - Guaranteed Investment Certificates...
- Interest-Linked GICS
Interest-Linked GICS - Guaranteed Investment Certificates...
- View GIC Rates
Whether you're saving for a down payment, a major purchase, wedding costs, or a major reno, TD offers 5 kinds of GICs designed to help you achieve your unique investment goals in a stress-free way. Discover which TD GIC is right for you.
- Your Right to Information If The Terms and Conditions Change
- Your Right to Information About The Current Value of A Product
- Your Right to Information About Cashing in The Product Before Its End Date
- Your Right to Cancel An Automatic Renewal
- When These Rights Apply to You
Before changing any terms and conditions of the product you bought, they must inform you in writing about: 1. the change 2. any potential impact on the interest payable to you
If you want to know your investment’s current value, they must disclose certain information to you without delay. This includes the principal (the amount you invested) and any interest earned on the day you made the request.
Before cashing in this type of product before its end date, they must disclose to you: 1. the amount of the principal and interest earned 2. the amount of any penalty or charge for cashing in early 3. the net amount you’ll receive
A federally regulated financial institution may automatically reinvest your funds at the original investment’s end date. You can cancel this new investment within 10 business days of the start of the new term. If you’re in this situation, check the terms and conditions of your original agreement. You can also contact them for details on how to canc...
These rights apply when you’re dealing with a federally regulated financial institution like a bank or federal credit union. Find out if your financial institution is federally regulated. Learn more about how your banking rights are protected.
GICs are safe and secure saving goals. BMO has different options for you and you can also save on your taxes with TFSA & RRSP while growing your money.
- A GIC is a low-risk investment that guarantees the money you put into it (the principal) and allows you to earn interest over a set period of time...
- There’s no one GIC rate – the rates vary from one GIC to another, and they’re tied to the current interest rates set by the Bank of Canada. Some GI...
- It depends on what type of account they’re held in. If a GIC is in a registered account like an RRSP or TFSA, the money it earns won’t be taxed. Bu...
- If you’re holding a GIC in a non-registered account, it’s subject to tax each year. So, if you have a GIC with a three-year term, the interest you...
- Yes, you can! Cashable GICs can be redeemed before the term ends, although the window can differ according to the type of GIC. Non-cashable GICs ca...
A Guaranteed Investment Certificate (GIC) is a safe and secure way to help grow your investment. You’ll never lose the money you invest and can choose a GIC that provides a guaranteed rate of return. GICs provide flexible terms and payment schedules and can be held within registered savings plans.
As an Online Banking client, you can purchase or renew your GIC through Online Banking and receive the following online GIC rates (1), which are our posted rates plus an online bonus. 1) Rates displayed are for GICs with an annual interest payout frequency.
People also ask
Can I purchase or renew my GIC through online banking?
What is a Guaranteed Investment Certificate (GIC)?
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Why should you invest in a GIC at RBC Royal Bank?
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