Guaranteed fixed-rate investments (term savings)

  • Also known as GICs (guaranteed investment certificates)
  • Final returns guaranteed from the start, no matter how the markets perform
  • Capital and interest guaranteed
  • Regular interest income payments

Quick facts

Guaranteed fixed-rate investments (term savings) offer many reassuring advantages. The final returns are guaranteed from the start, no matter how the markets perform, your capital and interest are guaranteed, and you can benefit from regular interest income payments.

Term Savings

A solid foundation

Fixed-rate term savings—also known as fixed-rate GICs (guaranteed investment certificates)—are the only savings products that guarantee your capital and your interest returns. No matter how the markets perform, you can know from day one exactly what your final returns will be.

  • Original investment and interest 100% guaranteed
  • Deposit insurance: Learn more about deposit insurance
  • Eligible for TFSAs, RRSPs and other registered savings plans
  • Variety of interest payment options
  • Short-, medium- or long-term investments

  • Capital 100% guaranteed
  • Terms: 1 to 5 years
  • Interest rate: 4.60% to 4.10% fixed rate, based on the term selected, guaranteed for the duration of the term)
  • Redemption terms: not redeemable before maturity

Learn more - Term S@vings

  • Capital 100% guaranteed
  • 30-day to 10-year terms (phone and in-caisse requests)
  • Interest rate: 1.70% to 4.00% (fixed, guaranteed until maturity)

Learn more - Term Savings

Formerly My Savings Plan

  • Flexible term savings.
  • Fixed interest rate: 1.70%. Interest bonus each year. Additional bonus when goal is reached.
  • Set a savings goal to be met over a period of 6 months to 5 years, schedule regular transfers and get support from others to reach your savings goal faster.

Learn more - about Enhanced Savings Plan

  • Capital 100% guaranteed
  • 1-year term
    • Interest rate: 2.25% (guaranteed until maturity)
  • Redemption terms: cashable at any time without charge at the caisse and on AccèsD. No interest paid if redeemed within 30 days after the purchase date.

Learn more - Redeemable Term Savings

  • Capital 100% guaranteed
  • 3- and 5-year terms
  • Interest rate increases from year to year, guaranteed until maturity
  • Redeemable on the anniversary date under certain conditions

Learn more - Redeemable Climbing-Rate Term Savings

Income Term Savings

Your goal: to receive a high income made up of interest from your investments and periodic payouts of your original capital.

  • Capital 100% guaranteed
  • 1- to 5-year terms
  • Fixed interest rate, guaranteed until maturity
  • Withdraw 1 lump sum per year with no penalty, under certain conditions

Learn more - Regular Income Term Savings

  • Income is made up of interest and periodic payouts of your original capital
  • You can choose the term, frequency and amount of your regular income payments
  • 1- to 5-year terms (phone and in-caisse requests)

Learn more - Personalized Annuity Term Savings