Guaranteed Investment Certificates (GICs)

Power your ideas with a guaranteed investment

Choose a GIC

 

What is a GIC?

You entrust a sum of money to the bank for a specific period of time—terms range from 30 days to 10 years.

Your investment earns you interest and the original amount (principal) is 100% protected.

Perfect if you are looking to:

  • Guarantee your original investment
  • Get a guaranteed return on your investment
  • Take advantage of market potential

Choosing the right GIC

Fixed-rate GIC

Fixed-rate

Get a fixed rate of return for a specific term.

Why choose it
Get a guaranteed return on your investment.

Market-linked GIC

Market-linked

Interest is tied to the performance of stocks and stock market indices.

Why choose it
Leverage market potential.

Non-redeemable GIC

Non-redeemable

You can’t cash in your investment before the maturity date.

Why choose it
Enjoy a competitive interest rate.

Redeemable GIC

Redeemable

You can cash in your investment at any time.

Why choose it
Funds can be accessed as needed, although the interest rate is slightly lower than that of a non-redeemable GIC.

Compound interest GIC

Compound interest

Interest is earned on your initial investment as well as on the interest generated over time.

Why choose it
Get the most out of your GIC by earning interest on your interest.

Simple interest GIC

Simple interest

Interest is only calculated on your initial investment.

Why choose it
Interest is payable throughout the term of your GIC.

Registered plan GIC

Registered plan

Your GIC can be placed in an RRSP or TFSA.

Why choose it
Grow your investment tax-free.

Unregistered account GIC

Unregistered account

Your investment is held in an unregistered account (without a plan).

Why choose it
Save without having to worry about contribution limits, withholding taxes or withdrawal fees.

Featured GICs

Non-Redeemable USD GIC

$500

Minimum investment

Simple

Interest


 

4.00%

Rate

12 months

Term

Non-Redeemable GIC

$500

Minimum investment

Compound

Interest


 

2.80%

Rate

18 months

Term

Non-Redeemable USD GIC

$500

Minimum investment

Compound

Interest


 

3.80%

Rate

24 months

Term

Non-Redeemable USD GIC

$500

Minimum investment

Compound

Interest


 

3.65%

Rate

36 months

Term

Non-Redeemable USD GIC

$500

Minimum investment

Compound

Interest


 

3.75%

Rate

48 months

Term

Non-Redeemable GIC

$500

Minimum investment

Compound

Interest


 

3.30%

Rate

60 months

Term

Choose a GIC

Select the term and interest type of your GIC. If you’re already a client, you can choose the plan in which to place your GIC (TFSA, RRSP or non-registered account) in a second step.  

Which category ?
Term
What Interest type?
GIC Term Minimum investment Rate Interest type Get this GIC
${productName} ${productCriteria.TERMRANGE.criteriaNumericValue} month(s)
$${productCriteria.AMTRANGE.criteriaLowerValue} ${tauxTotal|percent:"true"}
${interet} Choose this GIC

Four categories of GIC

Redeemable GICs


Access your investment when you need cash.

Redeemable GIC
Can be cashed in at any time.

Redeemable Without Penalty GIC
Redeemable after 30 days or 6 months.

Redeemable Plus GIC
Can be redeemed every year.

 

Non-redeemable GICs


Enjoy a competitive interest rate and variable terms.

Non-redeemable GICs
Short, medium or long-term investment.

Monthly Cash Management GIC
Cash in your GIC after 30 days.

Extra GIC
Cash in your GIC after 90 days.

 

Optimarket GIC™ (market-linked)


Offers great growth potential.
 

Diversified GIC Flex Series
Combine two market-linked GICs and a fixed-rate GIC with predictable returns.

Canadian Bank GIC Flex Series
Leverage the growth potential of Canadian banks.

Canadian Market GIC Flex Series 
Leverage the potential of the S&P/TSX 60 Index.

USD GICs


Grow your investment in US dollars.

Non-Redeemable USD GIC
Benefit from a competitive interest rate.

Redeemable USD GIC
Access your funds when you want.

 

Get help choosing your GIC from one of our expert advisors.

Make an appointment

Little details that matter

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 account

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

See savings account

See all our solutions

Learn more about GICs

Woman in a hammock surfing the Internet on a tablet
Two men looking at the same desk
Man looking at papers in his kitchen
See all articles

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

1-888-270-3941
Monday to Thursday,
8 a.m. to 6 p.m. (ET)
Friday, 8 a.m. to 5 p.m. (ET)

Picto of a question mark in a circle


Back
Terms of use
National Bank’s virtual assistant

When using our Virtual Assistant Service (the "Chatbot"), you accept these Terms of Use, which are subject to change without notice. Furthermore, you agree to consult these Terms of Use from time to time and acknowledge that your continuing use of the Chatbot means that you have accepted any changes that may have been made. Your continued use of the Chatbot means that you’ve read, understand and agree to these Terms of Use, the Terms of Use for our website, our Online transaction services, and to our privacy policy. You also understand any other agreements that you have with us will continue to apply when you use the Chatbot.

1. Our Services and your responsibilities

The Chatbot is an automated service which is integrated into our online banking platform.

The Chatbot is preprogrammed to answer general questions concerning the use of our online banking platform solely for informational purposes. The Chatbot is not able to answer questions on personal monetary transactions or products you hold with us.

By using the Chatbot, you understand and agree that:

  • The Chatbot does not provide financial advice or financial planning services.
  • The Chatbot does not conduct any banking transactions.
  • The Chatbot may not be able to answer all your questions. Therefore, it may not be able to provide you with the information you require. You must judge whether the answer provided responds to your question accurately. In the case of uncertainty, a customer service representative would be happy to help you. You can call us toll free at 1-888-483-5628 or 514-394-5555.
  • The Chatbot is not a complaint service. You cannot use the Chatbot to file complaints. If you have any complaints, you can contact us at the number indicated above.
  • We monitor, record and store the discussion that you have with the Chatbot to improve our interactions with our clients.
  • You will not provide the Chatbot with any confidential, personal, or private information. For example, you will not provide the Chatbot with your login information, PIN or other personal banking information.

2. Limitation of Liability

You acknowledge that we won’t be liable for any losses or damages that you may suffer as a result of your use of the Chatbot, including if the Chatbot is unavailable for any reason.

We cannot guarantee that the results obtained via the Chatbot will be accurate and reliable and that the answers provided will meet your expectations.

We will not be held liable for damages you incur as a result of:

  • Any delay, error, interruption or omission on our part or any other event beyond our control.
  • Any deficiency or technical error or any unavailability of our systems and wireless networks.
  • Your failure to meet any of your obligations.
  • Any amendment to or suspension, refusal or blockage of the Chatbot.
  • Any decision or measure you take in response to information and data obtained via the Chatbot.
  • Any other damages you may incur that are not caused by negligence on our part.

3. Language

You have requested that these Terms of Use, and related documents be drawn up in English.

4. Governing Law

These Terms of Use are governed and must be interpreted in accordance with the laws in force in the province or territory where you reside. If you reside outside Canada, the laws in force and the courts of competent jurisdiction are those of the province of Quebec.

Virtual assistant