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GICs are secure investments that guarantee to preserve your principal. Your investment earns interest, at either a fixed or a variable rate, or based on a pre-determined formula. GICs often form the foundation of a well-balanced portfolio.
Benefits*:
- Security and safety—both your original investment and interest payments are guaranteed†
- Competitive interest rates—guaranteed for the full term of the investment
- Flexible investment terms—ranging from one day to three years, five years, seven years and ten years
- Choice of interest payment frequencies
- Eligible for registered investment plans
*Benefits listed are not applicable for all types of GICs.
†Return of the RBC Market Access GICs are not guaranteed.
Key Features
Three types for greater flexibility
- Guaranteed-return GICs guarantee that your money will grow as expected
- Interest rate-linked GICs make it easy to benefit from any increase in interest rates without having to adjust your investments
- RBC Market Access GICs™ offer you the growth potential of equity markets by linking
to one or more indices or mutual funds. Your principal is guaranteed, while return^
is variable and will depend on the performance of the underlying investment
Redeemable
Redeemable GICs (term deposits) may be redeemed prior to maturity. A lower interest rate applies to early redemptions.
Non-redeemable
Non-redeemable GICs are not redeemable prior to maturity.
^ These GICs do not pay you regular interest income or provide a guaranteed rate of return.
It is possible that there may be no return. For full product details, including how the variable
return is calculated, please refer to the relevant GIC listed on this page, visit your nearest RBC branch or call 1-800-ROYAL®1-1.
™ Trademarks of Royal Bank of Canada.
® Registered trademarks of Royal Bank of Canada.
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