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1-Year Cashable GIC for Business

Invest and earn 2.50%1 interest without risking your business savings

Benefits of a 1-Year Cashable GIC

Flexibility

Access your money any time your business needs it, with no penalty. No need to lock away your profits.


Great savings

Earn more interest on your hard-earned cash with our very competitive rate of 2.50%.


Security

Breathe easier knowing there’s no risk to all you’ve built with a guaranteed investment insured by Deposit Insurance Corporation of Ontario (DICO)2.


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


Open 1-Year Cashable GIC now

1-866-592-2226

Rates 

If cashed out between 91-180 days: 1.40%
If cashed out between 181-364 days: 2.00%
At maturity (1 year): 2.50%
 

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 – up to 2.50%.

  • ​If you withdraw funds within the first 90 days, no interest is paid.

 

​Explore all rates


Want to talk about opening this GIC? Fill out this form and one of our Business Advisors will contact you.