Watch your savings bloom.
Attractive returns with a guaranteed principal and rates over a fixed period. With our GICs, you can look forward to greater consistency and stability as your investments grow and grow.
Not a customer yet?
To take advantage of some of the most competitive rates on the market, you’ll need an account with Canadian Northern Bank. Opening a chequing account or High-Interest Savings Account (HISA) online is easy and takes just a few minutes.
An investment that pays off.
Worry-free investing.
Both your return and initial investment are 100% guaranteed.
Predictable returns.
Know exactly how much income you’ll earn with the choice of how to receive your payments.
Flexible terms.
Available terms range from 10 days to 5 years.
Choose from our special rates.
Features
-
Minimum investment amount: $5,000
-
Maximum investment amount: $100,000,000,000
-
Eligible for deposit insurance from the Canada Deposit Insurance Corporation (CDIC)
Short-term: less than 2 years
-
Simple interest: paid at maturity.
Medium and long-term: 10 days to 5 years
-
Option of simple or compound interest.
-
Simple interest: paid annually.
-
Compound interest: compounded annually and paid at maturity.
All our GIC rates. Some conditions apply. Non-redeemable. Rates are subject to change.
Term | Annual % rate | Maturity % rate |
10 days | 15.00 | |
1 month | 21.90 | |
6 months | 27.70 | |
1 year | 32.00 | |
2 years | 40.10 | |
3 years | 50.00 | |
4 years | 60.10 | |
5 years | 65.70 |
Registered or non-registered? You decide.
Registered
- Eligible for registered plans such as TFSA, RRSP, RRIF, LIRA, and LIF.
- Interest income earned is tax-sheltered.
Non-registered
- Interest income earned is taxable.
- No contribution limits or age restrictions.