List of all Guaranteed investment certificates (GICs)

Guaranteed-Capital Solutions ?

Promotional GICs

Redeemable Plus GIC

Term Risk Level Return Type of account
3 years 1.200% Known final return Simple Non registered   TFSA
Compound   RRSP  

Extra GIC

Term Risk Level Return Type of account
3 months 1.000% Known final return Simple Non registered  
Compound   RRSP

Evoluterm GIC

Term Risk Level Return Type of account
3 years 1st year : 1.000 %
 2nd year : 1.200 %
 3rd year : 1.300 %
Known final return Simple Non-registered  
Compound Non-registered RRSP
5 years 1st year : 0.950
 2nd year : 1.150
 3rd year : 1.250
 4th year : 1.400
 5th year :  1.550
Known final return Simple Non-registered  
Compound Non-registered RRSP

Non-redeemable Escalarator GIC

Term Risk Level Return Type of account
3 years Average rate
 1.199
Preferred rate 3rd year:
 1.900
Non-registered RRSP TFSA
5 years Average rate
 1.398
Preferred rate 5th year:
 2.550
Non-registered RRSP TFSA

Non-redeemable GICs with unconventional terms

Term Risk Level Return Type of account
15 months  1.250 % Known final return Simple Non-registered RRSP TFSA
Compound Non-registered TFSA
20 months  1.100 % Known final return Simple Non-registered RRSP TFSA
Compound Non-registered TFSA
37 months  1.400 % Known final return Simple Non-registered RRSP TFSA
Compound Non-registered TFSA
51 months  1.550 % Known final return Simple Non-registered RRSP TFSA
Compound Non-registered TFSA
58 months 1.650 % Known final return Simple Non-registered RRSP TFSA
Compound Non-registered TFSA

Redeemable Escalarator GIC

Term Risk Level Return Type of account
3 years Average rate
0.933 %
Preferred rate 3rd year:
1.600 %
Non-registered RRSP
5 years Average rate
1.009 %
Preferred rate 5th year:
2.000 %
Non-registered RRSP

GIC redeemable without penalty

Term Risk Level  Return Type de compte
12 months 0.650 % Known final return Non-registered
14 months 0.700 % Known final return Non-registered
2 years 0.800 % Known final return Simple Non-registered
Compound Non-registered

Monthly cash management GIC

Term Risk Level Return Type of account
Amount invested:
$5,000 to $99,999
0.300 % Known final return Non-registered RRSP
Amount invested:
$100,000 to 499,999
0.400 % Known final return Non-registered RRSP
Amount invested:
$500 000 to $999 999
0.600 % Known final return Non-registered RRSP

Flexiterm GIC

Term Risk Level  Return Type of account
18 months  0.600 % Known final return Simple Non-registered RRSP
Coumpound Non-registered

 

Conventional GICs

Non-Redeemable GIC

Term Risk Level Return Type of account
1 month 0.300 % Known final return Simple Non-registered    
Compound  
3 months 0.350 % Known final return Simple Non-registered REER TFSA
Compound    
6 months 0.500 % Known final return Simple Non-registered REER TFSA
Compound    
1 year 0.900 % Known final return Simple Non-registered REER TFSA
Compound    
18 months 0.950 % Known final return Simple Non-registered REER TFSA
Compound Non-registered TFSA
2 years 1.100 % Known final return Simple Non-registered REER TFSA
Compound Non-registered TFSA
3 years 1.200 % Known final return Simple Non-registered REER TFSA
Compound Non-registered TFSA
4 years 1.350 % Known final return Simple Non-registered REER TFSA
Compound Non-registered TFSA
5 years 1.500 % Known final return Simple Non-registered REER TFSA
Compound Non-registered TFSA

Redeemable GIC

Term Risk Level Return Type of account
1 month 0.200 % Known final return Non-registered  
3 months 0.250 % Known final return Non-registered  
6 months 0.400 % Known final return Non-registered  
1 year 0.650 % Known final return Non-registered TFSA
2 years 0.800 % Known final return Non-registered TFSA
3 years 0.900 % Known final return Non-registered TFSA
4 years 0.950 % Known final return Non-registered TFSA
5 years 1.000 % Known final return Non-registered TFSA

TermNote Plus GIC

Term Risk Level Return   Type of account
61 months 1.450 % Known final return Simple Non-registered  
Compound Non-registered RRSP
6 years 1.600 % Known final return Simple Non-registered  
Compound Non-registered RRSP
7 years 1.700 % Known final return Simple
Non-registered  
Compound Non-registered RRSP
8 years 1.750 % Known final return Simple Non-registered  
Compound Non-registered RRSP
9 years 1.900 % Known final return Simple Non-registered  
Compound Non-registered RRSP
10 years 2.000 % Known final return Simple Non-registered  
Compound Non-registered RRSP

1.700 %

1.700 %

Redeemable US$ GIC

Term Risk Level Return Type of account
1 month 0.030 % Known final return Non-registered
3 months 0.050 % Known final return Non-registered
6 months 0.050 % Known final return Non-registered
1 year 0.200 % Known final return Non-registered
2 years 0.350 % Known final return Non-registered
3 years 0.500 % Known final return Non-registered
4 years 0.650 % Known final return Non-registered
5 years 0.900 % Known final return Non-registered

Non-redeemable US$ GIC

Term Risk Level Return Type of account
1 month 0.050 % Known final return Non-registered
3 months 0.200 % Known final return Non-registered
6 months  0.350 % Known final return Non-registered
1 year 0.450 % Known final return Non-registered
2 years 0.450 % Known final return Non-registered
3 years 0.550 % Known final return Non-registered
4 years 0.900 % Known final return Non-registered
5 years 1.100 % Known final return Non-registered

 

NBC Optimarket™ GICs (Market-linked GICs)1

Canadian Banks GIC

Term Risk Level Guaranteed Interest at maturity Maximum Interest at maturity Type of account
5 years 2.53%
(approximately 0.50% compounded annually)3
17.00%
(approximately 3.19% compounded annually)3
Non-registered RRSP

Socially Responsible GIC - Canadian Market

Term Risk Level Guaranteed Interest at maturity Maximum Interest at maturity Type of account
3,5 years N/A At maturity, the Variable Interest, if any, will not be subject to a cap. However, any positive Reference Portfolio Return as calculated on the Valuation Date will be multiplied by a Participation Factor of 40%2 Non-registered RRSP
5 years N/A At maturity, the Variable Interest, if any, will not be subject to a cap. However, any positive Reference Portfolio Return as calculated on the Valuation Date will be multiplied by a Participation Factor of 60%2 Non-registered RRSP

Diversified GICs

Term Risk Level Guaranteed Interest at maturity Maximum Interest at maturity Type of account
5 years 6.24%
(approximately 1.22% compounded annually)3
14.11%
(approximately 2.68% compounded annually)3
Diversified GIC – Stability Non-registered RRSP
5 yeats 4.32%
(approximately 0.85% compounded annually)3
16.69%
(approximately 3.14% compounded annually)3
Diversified GIC – Balanced Non-registered RRSP
5 years 2.40%
(approximately 0.48% compounded annually)3
19.27%
(approximately 3.59% compounded annually)3
Diversified GIC – Performance Non-registered RRSP

Global Equity GIC

Term Risk Level Maximum Interest at maturity Type of account
2,5 years 6.50% 
  Approximately (2.55% compounded annually)4
Non-registered RRSP

 

The rate is calculated on an annual basis.

1 The NBC OptimarketTM GICs are not a conventional fixed income investment, are not suitable for all types of investors and are subject to a number of risk factors. Potential purchasers should consult the Information Statement before investing. The Bank has issued previous series which may have different terms and conditions. Please refer to our website for the list of terms and conditions, compared to the previous series. Capitalized terms used and not otherwise defined herein have the meaning ascribed thereto in the relevant Information Statement. NBC OptimarketTM GIC is a trademark of the National Bank of Canada.

2 A change in the Reference Portfolio has a direct impact on the Variable Interest payable at maturity. If the Reference Portfolio does not generate a positive price return over the term of the Canadian Market GIC, the Canadian Market GIC will not generate any Variable Interest and, in this case, no return will be paid. No management fees are applied. The Reference Portfolio Return is a price return and will not take into account dividends paid on account of the Reference Shares.

3 The Diversified GICs offer three distinct investment solutions which combine different weightings of a fixed-rate GIC, a GIC linked to Canadian equity markets and a GIC linked to global equity markets. The Variable Interest of the Diversified GICs is based on the return of the three Reference Assets comprised in the Reference Portfolio. The Reference Portfolio Return is equal to the weighted average return of the Reference Assets, calculated as the sum of the Weighted Reference Asset Return of the Reference Assets. The Variable Interest will be no less than the Guaranteed Interest and will be limited to the Maximum Interest. Refer to the table above for details on each Diversified GIC. No interest or any other amount will be paid during the term of the Diversified GICs. Notwithstanding whether the Reference Portfolio Return is positive or not at maturity, the Diversified GICs will generate the Guaranteed Interest. However, if the Reference Portfolio Return is not greater than the Guaranteed Interest, the Diversified GICs will generate only the Guaranteed Interest in addition to the principal invested on the Issue Date. Fluctuations in currency exchange rates of the Reference Shares of the Global Precision 10 will affect the performance of the Reference Asset Return of the Global Precision 10 comprised in the Reference Portfolio and therefore, the Reference Portfolio Return and as a result, the value of the Diversified GICs.

4. The change in the Reference Share Return has a direct impact on the Variable Interest. If the Reference Portfolio does not generate a positive price return at maturity, the Global Equity GIC will not generate any Variable Interest in addition to the principal invested on the Issue Date.