Guaranteed-Return GICs

Non-Redeemable & Redeemable GICs

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, TFSAs, 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

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!

^* Not all terms or interest payment options available.

^** When held to maturity.