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View current/latest interest rates for cashable, non-redeemable, accelerated, laddered and stock-indexed guaranteed investment certificates (GIC).
The right choice of GIC depends on your financial situation, investment goals and time horizon. Please see below for a comparison of our GIC types: Key feature and needs. Cashable GIC/MPSA. Personal Redeemable GIC. Non-Redeemable GIC. Market-linked GIC. Investor’s need.
Jun 6, 2024 · We bring you competitive interest rates every day. See the latest rates on the prime lending rate, credit cards, loans & mortgages, chequing & savings accounts, investment products, and more.
Jun 7, 2024 · Scotiabank’s long-term non-redeemable GICs offer some of the best GIC rates among major banks in Canada. With these GICs, you can earn as much as 4.42% interest for a one-year term, and the...
Compare the best GICs rates and terms offered by Scotiabank (Bank of Nova Scotia), one of Canada's big six banks.
6 days ago · Scotiabank’s guaranteed investment certificates (GICs) offer competitive interest rates, flexible terms, and do not charge monthly fees, but may have an early withdrawal penalty. Depending on...
When you buy a Non-redeemable GIC, you agree to invest a certain amount of money for a set length of time (term) to benefit from a fixed interest rate. When your term is up, you can either cash in your GIC – and get your initial investment back plus interest – or renew your term and keep growing.
Personal Redeemable GIC allows you to earn a guaranteed rate. You can access your investment a pre-determined rate as your financial needs arise.
For example, as of October 2023, Scotiabank Preferred Package and Ultimate Package Customers can get an interest rate of 5.02% and 5.12%, respectively, for a 3-year non-redeemable GIC, while all other customers will get a rate of 4.10% for the same GIC.
The Scotiabank Market Linked GIC is designed for those who: (i) are prepared to hold their investment until maturity, (ii) wish to potentially earn a higher return than traditional fixed rate investments, (iii) are willing to accept the risk of earning only the Minimum Guaranteed Return, and (iv) want the Principal guaranteed.