Non-Redeemable and Redeemable GICs offer a fixed rate of return for a specific term, with both principal and interest guaranteed.
Benefits
Security and safety — Both the original investment and interest payments are guaranteed
Competitive interest rates — guaranteed for the full term of the investment
Eligible for RRSPs, RESPs, RRIFs and LIFs*
Key Features
Investment terms of one day to five years, seven years and 10 years
Guaranteed principal and interest rate
Interest payment options:
Terms less than one year:
at maturity
Terms one year or more:
monthly
semi-annually
at maturity (interest compounded annually)
Minimum investment:
$500 for a registered GIC, or
$1,000 for a non-registered GIC
$5,000 for clients who wish to receive interest monthly
* Not all terms or interest payment options available.
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!
