logo National Bank
Personal
Bank accounts
Credit cards
Borrowing
Mortgages
Savings and investments
Insurance
Wealth management
CLOSE

Extra GIC

A GIC that can be cashed in every 90 days
 

At a glance

What is an Extra GIC?

Enjoy a competitive fixed rate and the freedom to cash in every 90 days, penalty-free.

Perfect if you are looking to:

  • Make a short-term investment
  • Earn interest at a competitive rate, risk-free
  • Take advantage of automatic renewals so you don't lose out on interest

Rate: 0.90%

Minimum investment: $500 (RRSP) or $1,000 (non-registered plan)

Access to funds: No

Investment horizon: 90 days

Investment horizon image

GIC options

You can choose a registered or non-registered GIC.

Where do you want to invest
Term (in months)
Interest type
Term Plan Minimum investment Rate Interest type Get this GIC
${productCriteria.TERMRANGE.criteriaNumericValue} months ${regime} $${productCriteria.AMTRANGE.criteriaLowerValue} ${taux|percent:"true"} ${interet} ${urlForms |link:"Choose this GIC":"btn btnRTE1":"_blank"}

Our advisors can help you choose the GIC that's right for you.

Make an appointment
Magic wand tip icon

Tip

Looking to cash in a portion of your investment each year and take advantage of higher interest rates? Learn about the GIC laddering strategy.

Little details that matter

Non-registered plan

Interest payments

Interest is paid at maturity.

Access to funds

Cannot be cashed in before maturity.

Posted rates are for interest payable at maturity.

RRSP

Interest payments

Interest payable or compounded at maturity.

Transferability

Cannot be transferred to an RRIF.

Access to funds

Cannot be cashed in before maturity.

Posted rates are for interest payable at maturity.

Additional information

Interest is calculated annually.

Automatic renewal: Unless otherwise instructed, we will automatically renew your GIC at maturity for the same amount (principal and interest) and term at the prevailing rate. You will have 10 business days after the new GIC is issued to cancel the renewal.

National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).

For information on fees related to RRSPs and TFSAs, refer to our brochure: Fees – Your Guide to Personal Banking Solutions [PDF], under "Registered Plans."

For information on our rate increase or new fee notification procedure, refer to our brochure: Fees – General Information and Agreement [PDF], under "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions."

For information on the procedure for submitting claims regarding product fees, click here.

To invest online, you need to have a bank account with National Bank. Don't have an account? Contact a National Bank branch.

Another great option

${p1.nomFamille}

Choose a GIC that capitalizes on market potential

$${p1.productCriteria.AMTRANGE.criteriaLowerValue}

Minimum investment

${p1.productCriteria.TERMRANGE.criteriaNumericValue} months

Term


 

Variable

Rate

Maximum interest at maturity

${p1.taux|percent:"true"}

${p1.tauxText}

Explore our other savings and investment solutions

Managed solutions and investment funds

Trust our experts to manage your investments.

 

Check out our managed solutions and investment funds

Savings accounts

Great for short-term saving—access your funds at any time.

 

See all our savings accounts

See all our solutions

Ready to start saving?

Talk to an advisor for personalized advice or sign in to your online bank to invest.

Make an appointment

Sign in

Telephone icon
Frequently asked questions icon