*Interest is calculated on the daily closing balance based on the simple interest rate and is paid or compounded (depending on the interest option chosen) at the end of each month. Your GIC is non-redeemable and must be held for the entire term. Rates subject to change.
¹ The RRSP GIC is non-redeemable and must be held to maturity. A transfer fee applies if you transfer funds to another financial institution.
² Simple annual interest rate.
³ Annual percentage yield (APY) - the effective interest rate, illustrating the effect of compounding, or earning of interest on interest.