Guaranteed Investment Certificate (GIC)
A Guaranteed Investment Certificate (GIC or a Term Deposit) allows you to invest your savings at a fixed interest rate for a specified period of time.
Questions?
Contact a Branch near you
TFSA GIC
Open AccountA TFSA GIC is used to invest funds at a fixed rate in a Tax Free Savings Account.
Interest Rate
| Non-Redeemable | Redeemable | |
| 12 months | 4.00%** | 2.25% |
| 24 months | 3.80% | n/a |
| 36 months | 3.70% | n/a |
| 48 months | 3.70% | n/a |
| 60 months | 3.60% | n/a |
| **Indicates a special offer for a limited time. Some conditions apply. Contact your branch for details. | ||
Minimum Balance
$1,000
Features
- Our redeemable GIC can be withdrawn anytime without interest penalty.
- Our non-redeemable GIC is locked in for the length of the term.
- Terms range from 1 to 5 years.
- No fees except if transferred to another financial institution.
- Guaranteed without limit by the Deposit Guarantee Corporation of Manitoba.
Questions?
Contact a Branch near you.
To view the updated TFSA Declaration of Trust, please click here.
Interest is calculated daily and is paid at maturity for terms of one year or less or annually for terms exceeding one year. Rates subject to change without notice.
RRSP GIC
Open AccountA RRSP GIC is used to invest funds at a fixed rate in a Registered Retirement Savings Plan.
Interest Rate
| Non-Redeemable | Redeemable | |
| 12 months | 4.00%** | 2.25% |
| 24 months | 3.80% | n/a |
| 36 months | 3.70% | n/a |
| 48 months | 3.70% | n/a |
| 60 months | 3.60% | n/a |
| **Indicates a special offer for a limited time. Some conditions apply. Contact your branch for details. | ||
Minimum Balance
$1,000
Features
- Our redeemable GIC can be withdrawn anytime without interest penalty.
- Our non-redeemable GIC is locked in for the length of the term.
- Terms range from 1 to 5 years.
- No fees except if transferred to another financial institution.
- Guaranteed without limit by the Deposit Guarantee Corporation of Manitoba.
Questions?
Contact a Branch near you.
Interest is calculated daily and is paid at maturity for terms of one year or less or annually for terms exceeding one year. Rates subject to change without notice.
RRIF GIC
Open AccountA RRIF GIC is used to invest funds at a fixed rate in a Registered Retirement Income Fund.
Interest Rate
| Non-Redeemable | Redeemable | |
| 12 months | 4.00%** | 2.25% |
| 24 months | 3.80% | n/a |
| 36 months | 3.70% | n/a |
| 48 months | 3.70% | n/a |
| 60 months | 3.60% | n/a |
| **Indicates a special offer for a limited time. Some conditions apply. Contact your branch for details. | ||
Minimum Balance
$1,000
Features
- Our redeemable GIC can be withdrawn anytime without interest penalty.
- Our non-redeemable GIC is locked in for the length of the term.
- Terms range from 1 to 5 years.
- No fees except if transferred to another financial institution.
- Guaranteed without limit by the Deposit Guarantee Corporation of Manitoba.
Questions?
Contact a Branch near you.
Interest is calculated daily and is paid at maturity for terms of one year or less or annually for terms exceeding one year. Rates subject to change without notice.
Regular GIC
Open AccountA Regular GIC is used to set aside funds for any purpose or to earn a higher rate of return on your savings.
Interest Rate
| Non-Redeemable | Redeemable | |
| 12 months | 4.00%** | 2.25% |
| 24 months | 3.80% | n/a |
| 36 months | 3.70% | n/a |
| 48 months | 3.70% | n/a |
| 60 months | 3.60% | n/a |
| **Indicates a special offer for a limited time. Some conditions apply. Contact your branch for details. | ||
Minimum Balance
$1,000
Features
- Our redeemable GIC can be withdrawn anytime without interest penalty.
- Our non-redeemable GIC is locked in for the length of the term.
- Terms range from 1 to 5 years.
- Guaranteed without limit by the Deposit Guarantee Corporation of Manitoba.
Interest is calculated daily and is paid at maturity for terms of one year or less or annually for terms exceeding one year. Rates subject to change without notice.
