Non-Redeemable and Redeemable GICs offer a fixed rate of return for a specific term, with both principal and interest guaranteed.
These are ideal investments if you want to:
You are on: Features & Benefits
|Interest Payment Options(4)||
Terms less than one year are payable:
Guaranteed principal and interest rate(3)
|Access to Funds||
Non-redeemable GIC – No
Redeemable GIC – Yes, at a reduced rate
|Security and Safety||Both the original investment and interest payments are guaranteed|
|Competitive Interest Rates||
Guaranteed for the full term of the investment(3)
|Flexibility||Choice of terms, interest payment options, and plan eligibility.|
1) $5,000 for clients who wish to receive interest monthly.
2) GICs with seven and 10 year terms are not eligible for CDIC coverage.
3) When held to maturity.
4) Not all features are available for all plan types.
You are on: Interest Rates
Interest rates are subject to change without notice at any time.
Rates shown are calculated on a per annum basis.
To purchase these GICs, visit invest online, call 1-800-769-2599 or visit an RBC Royal Bank branch. You can find the location and phone number of the nearest RBC Royal Bank branch by using our Branch Locator. Please call and arrange to have one of our investment specialists meet with you at your convenience.
+ For an interest rate quotation for deposits of $5 million and over, please contact a Royal Bank branch or call 1-800-769-2599.
1) Rate information does not apply to this range of terms (not applicable).