The RateAdvantage GIC is a non-registered GIC that delivers interest rates guaranteed to increase at each anniversary date over the term of the product.
Benefits
Competitive interest rates guaranteed to increase each year
Choice of cashable or non-redeemable versions available
Funds accessible on each anniversary date in cash or to re-invest if interest rates rise (cashable version)
Key Features
Minimum investment of $1,000
Investment terms available are two, three and five years
Guaranteed principal and interest rate
Available to:
personal and non-personal clients
residents and non-residents
Purchase and manage your GICs Online! RBC Royal Bank customers can purchase, renew, change maturity instructions, or change interest disbursement account information for Non-Registered GICs — Online!