Invest in Non-Cashable GICs

Non-Cashable GICs offer a guaranteed return for your fixed-term investments.

Can be an excellent choice for investors who can lock in their funds for a specific period of time.

What are Non-Cashable GICs?

A Non-Cashable GIC cannot be cashed in before the maturity date. Your funds are locked-in for a specific term. Generally, these investments yield a higher return than a cashable GIC so they can be a great option if you have the ability to lock in your funds for a period of time.


GIC Rates

Benefits of Non-Cashable GICs

  • Safety and security

    Your original investment and interest payments are guaranteed.

  • Competitive interest rates

    These rates are guaranteed for the term of your investment.

  • Flexible terms

    Terms range from 30 days to five years.

Find the right GIC for every savings goal

Non-Cashable GICs give you the security of a set interest rate for the full term and a guaranteed return. You can use them to reach both short-term and long-term investment goals, and they are well suited to an investment strategy of laddered maturities.


TD Special Offer GIC

Non-registered and TFSA

RSP, FHSA

RIF, RESP

Term and Rates: 14 months

14 months

$1,000 - $9,999.99 =  %
$10,000 - $49,999.99 = %
$50,000 - $99,999.99 = %
$100,000 + = %
Interest rates are per annum.

14 months

$1,000 - $9,999.99 =  %
$10,000 - $49,999.99 = %
$50,000 - $99,999.99 = %
$100,000 + = %
Interest rates are per annum.

14 months

%
Interest rate are per annum.

Term and Rates: 18 months

18 months

$1,000 - $9,999.99 =  %
$10,000 - $49,999.99 = %
$50,000 - $99,999.99 = %
$100,000 + = %
Interest rates are per annum.

18 months

$500 - $9,999.99 =  %
$10,000 - $49,999.99 = %
$50,000 - $99,999.99 = %
$100,000 + = %
Interest rates are per annum.
Not offered in FHSA.

18 months

%
Interest rate are per annum.

 

Investment minimum

$1,000

$500

$500

Cashability

Not cashable

Not cashable

Not cashable unless for RIF/RESP payments

Interest Payment Options

Compound interest1 calculated annually and paid at maturity

Compound interest1 calculated annually and paid at maturity

Compound interest1 calculated annually and paid at maturity

Auto Renewal Feature

Renew Principal and Interest to another TD Special Offer GIC of the same term to maturity at the interest rate in effect for the renewed investment on the date of renewal.

Renew Principal and Interest to another TD Special Offer GIC of the same term to maturity at the interest rate in effect for the renewed investment on the date of renewal.

Renew Principal and Interest to another TD Special Offer GIC of the same term to maturity at the interest rate in effect for the renewed investment on the date of renewal.

Interest rate is per annum. Interest is compounded annually and is payable at maturity.


Guaranteed Investment Certificate Short-Term

Non-registered and TFSA

Registered RSP, RIF, RESP

Term and Rates

30 days: %  
60 days: %  
90 days: %
120 days: 
180 days: 
270 days: 
Interest rates are per annum.

30 days: n/a 
60 days: n/a  
90 days: %
120 days: 
180 days: 
270 days: 
Interest rates are per annum.

Investment minimum

$5,000

$2,000

Cashability

Not cashable

Not cashable unless for RESP/RIF payments

Interest Payment Options

Simple interest1 paid semi-annually and at maturity
Simple interest1 paid annually and at maturity
Simple interest1 paid monthly and at maturity (minimum investment of $5,000)

Simple interest1 paid annually and at maturity

1 Interest is calculated only on the original principal and not on the sum of the principal plus accrued interest.

* Not offered within a FHSA.


Long-Term and Compound Interest

Non-registered and TFSA

RSP, RIF, RESP, FHSA

Term and Rates

1 years: %  
2 years: %  
3 years: %
4 years: 
5 years: %  
Interest rates are per annum.

1 years: %  
2 years: %  
3 years: %
4 years: 
5 years: %  
Interest rates are per annum.

Investment minimum

$1,000

$500

Cashability

Not cashable

Not cashable unless for RESP/RIF payments

Interest Payment Options

Compound interest1 calculated annually and paid at maturity

Compound interest1 calculated annually and paid at maturity

1 Interest is calculated on the original principal plus any accrued interest.


You might also be interested in:


Before applying for a GIC online

  • 1

    Decide what account type you'd like to hold your GIC in – You can hold your GIC in a non-registered, registered or U.S. dollar account.

  • 2

    Select type of GIC – Select from Special Offer, Market Growth, Cashable GICs and more. Not sure what's right for you? See the types of GICs we offer.

  • 3

    Have funds in your account ready to go – You'll want to make sure your account has sufficient funds to purchase the GIC before you begin your application.


Ways to Apply

Have a question? Find answers here

Deposit Insurance

Your deposits may be insurable by the Canada Deposit Insurance Corporation.