Term Deposit and GICs
Risk-free investment with a guaranteed rate of return and flexible options
| GIC | e-GIC | Green | e-Green | Power | e-Power | Free | Prime | Maple | |
|---|---|---|---|---|---|---|---|---|---|
| Terms | 30 days – 5 years (On a daily/monthly basis) | 30 days – 5 years (On a daily/monthly basis) | 30 days - 1 year (on a daily basis) | 30 days - 1 year (on a daily basis) | 1 - 5 years (on a monthly basis) | 1 - 5 years (on a monthly basis) | 30 days - 3 years (on a daily basis) | 1 - 5 years (on a monthly basis) | 1 - 3 years (on a monthly basis) |
| Currency | CAD & USD | CAD | CAD & USD | CAD | CAD & USD | CAD | CAD & USD | CAD & USD | CAD |
| Minimum Investment | $1,000 | $500 | $1,000 | $500 | $1,000 | $500 | $5,000 | $10,000 | $10,000 |
| Learn More | Learn More | Learn More | Learn More | Learn More | Learn More | Learn More | Learn More | Learn More |
Guaranteed Investment Certificate (GIC)
Short or long, CAD or USD, save it your way
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Terms: 30 days to 1 year (Short-term GIC / on a daily basis)
1 year to 5 years (Long-term GIC / on a monthly basis) - Minimum investment: $1,000
- Non-redeemable, Non-cashable
- Available in CAD & USD
CDIC Eligible
e-GIC
The highest interest rate looks like this
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Terms: 30 days to 1 year (Short-term GIC / on a daily basis)
1 year to 5 years (Long-term GIC / on a monthly basis) - Minimum investment: $500
- Non-redeemable, Non-cashable
- Available in CAD & USD
CDIC Eligible
Green Term Deposit
Short term with flexibility
- Terms: 30 days to 1 year (on a daily basis)
- Minimum investment: $1,000
- Up to 2 partial withdrawals allowed after 30 days from registration
- Available in CAD & USD
CDIC Eligible
e-Green Term Deposit
Save a trip. Invest short term with flexibility
- Terms: 30 days to 1 year (on a daily basis)
- Eligibility: Customer who registered for the personal internet banking
- Minimum investment: $500
- Up to 2 partial withdrawals allowed after 30 days from registration
- Available in CAD only
CDIC Eligible
Power Term Deposit
Feel the power of the compounded interest
- Terms: 1 year to 5 years (on a monthly basis)
- Minimum investment: $1,000
- Non-redeemable, Non-cashable
- Available in CAD & USD
CDIC Eligible
e-Power Term Deposit
Save a trip. Invest for the compounded interest
- Terms: 1 year to 5 years (on a monthly basis)
- Eligibility: Customer who registered for the personal internet banking
- Minimum investment: $500
- Non-redeemable, Non-cashable
- Available in CAD only
CDIC Eligible
Free Term Deposit
Flexibility at its best
- Terms: 30 days to 3 years (on a daily basis)
- Minimum required investment: $5,000
- Cashable (withdrawal amount at a time must be at least $1,000)
- Rate of return depends on the term of your investment
- Available in CAD & USD
CDIC Eligible
Prime Term Deposit
Moving with the prime
- Terms: 1 year to 5 years (on a monthly basis)
- Minimum investment: $10,000
- Non-redeemable, Non-cashable
- Available in CAD & USD
CDIC Eligible
Maple Term Deposit
If Green Term was too short
- Terms: 1 year to 3 years (on a monthly basis)
- Minimum investment: $10,000
- Up to two partial withdrawals allowed after 30 days from registration
- Available in CAD only
CDIC Eligible