Guaranteed Investment Certificates (GICs)

Protect and grow your investment

Guaranteed investment certificates

GICs are secure investments with a guaranteed return and terms ranging from one month to five years. National Bank of Canada is a member of the Canada Deposit Insurance Corporation.¹

The advantages of a GIC

• Principal is fully protected
• Fixed interest rate for the entire term (you know the final return in advance)

Choose a GIC

Non-redeemable GICs

Special promotional rates on these GICs  make them a very attractive investment. You can choose from several set investment terms.

What we offer

• Terms ranging from 30 days to 5 years
• Higher interest rates than for our redeemable GICs with the same term
• Principal 100% protected up to $100,000 whose maturity does not exceed 5 years
• No redemptions allowed before maturity
• Available only to our business clients²
• The funds invested in a GIC cannot originate from a Business Investment Account

¹ Subject to CDIC maximum coverage limitations.

² Clients in the education, health and municipal sectors and public or Crown corporations should contact their Account Manager for more information concerning these investments.

³ The redemption conditions are as follows:

- Redemption allowed subject to a penalty based on the redemption table on the rates bulletin (F.12074)

- Redeemable before maturity at a reduced interest rate

- No interest if cashed within 30 days of the issue date Non-registered

- Partial redemption allowed before maturity by portions of:

    $1,000, subject to a minimum balance of $1,000 being maintained for GICs held for a year or more; or

    $5,000, for GICs held for less than a year.

^® NATIONAL BANK BUSINESS CENTRAL is a registered trademark of National Bank of Canada.