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Personal Banking > Investments > Accounts and Products > Guaranteed Investment Certificates (GICs) > Guaranteed-Return GICs > One-Year Cashable GIC

One-Year Cashable GIC

The One-Year Cashable GIC offers a competitive interest rate and maximum flexibility, without the need for a long-term commitment. It’s cashable at any time, and interest is paid right up to the date it’s cashed as long as you’ve held the investment for 30 days or more.

Is It Right for You?

The One-Year Cashable GIC is an ideal investment alternative if you want to earn a guaranteed competitive return while maintaining maximum access to your funds.

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You are on: Features & Benefits

Key Features:
Minimum Investment	$1,000^(1,2)
Terms	1 year
Interest Payment Options	Monthly⁽²⁾ Semi-annually At maturity At time of redemption if held 30 days or longer
Return	The rate of return is fixed, and the principal is guaranteed. View today’s rates
Access to Funds	Fully or partially cashable at any time.⁽³⁾
Plan Eligibility	Non-Registered only
CDIC Eligible	Yes

Benefits:
Competitive Interest Rates	Competitive interest rates without long-term commitment – one-year term
Flexibility	Easy access to your money when you need it
Security	Guaranteed rate of return
Penalty free	Cashable in Full or in Part after 30 Days No interest paid if cashed in the first 29 days Interest is calculated on a daily basis for early redemption, if held a minimum of 30 days

1) Available to both personal and non-personal clients for investments of up to a maximum of $249,999.99.
2) For monthly interest payment option, minimum investment is $5,000.
3) Must maintain a minimum of $1,000 at all times. Minimum withdrawal amount is $1,000.

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You are on: Interest Rates

Rates for 10 February 2012