Benefits of a GIC1

At RBC Royal Bank, you have a broad choice of GICs, making it easy to find one that fits your goals.

Safe and Secure

Invest with peace of mind knowing that your original investment is guaranteed.

Flexible Terms and Payment Options

Choose from a variety of investment terms and interest payment frequencies that suits your needs.

Competitive Rates

Enjoy competitive rates that are guaranteed for the full term of your investment.

View Special GIC Rates

View GIC Rates

Get personalized advice with MyAdvisor

A digital service that lets you see the potential of your investments, including your GICs, and can connect you with an RBC advisor to help build your financial future.

Choose from Three GIC Families

Guaranteed-Return GICs

Your interest rate is guaranteed, so you don’t need to worry about changes in the markets or the economy.

  • Both principal and interest payments are guaranteed
  • A great variety of product features, terms and interest payment options are available
  • Escalating rate options available

Explore Guaranteed-Return GICs

Compare GICs

Interest Rate-Linked GICs

Offer a variable interest rate that is linked to changes in the Royal Bank Prime rate.

  • Principal is 100% guaranteed
  • If Prime rate increases, your investment earns a higher interest rate
  • If Prime rate decreases, you can cash out your investment and reinvest in another product

Explore Interest-Linked GICs

Compare GICs

RBC MarketSmart GICs

Enjoy the security of a GIC and the higher return potential that comes with an equity investment.

  • Your investment is positioned for growth
  • Principal is 100% protected
  • Choose between a guaranteed minimum return and unlimited upside potential

Explore RBC MarketSmart GICs

Compare GICs

Special GIC Rate

  • 2.10%* on a 1 year term
    Non-Redeemable GIC
    Posted rate %

GIC Tools & Calculators

GIC Selector

Find the right GIC for you in 4 easy steps. To get started, simply select the main goal you want to achieve.

Get Started

GIC Laddering Tool

MarketSmart GICs Return Calculator

Income Builder GIC Calculator


Explore top GIC questions.

Many GICs are eligible for registered plans (TFSARRSPRRIF, RESP or RDSP); however, there are some that are not. Compare GICs to view the plan eligibility for all of our GICs.

You can buy GICs:

  • Through RBC Online Banking if you have an RBC Royal Bank chequing or savings account, or an existing GIC.
  • Call us at 1-800-463-3863. We'll be happy to discuss your goals and help you choose the type of investments that best suit your objectives.
  • Visit your branch. We recommend booking an appointment ahead of time by calling us at 1-800-769-2511.

It’s best to work with an RBC advisor to find an investment solution that meets your objectives. Alternatively, you can use our GIC Selector tool to find a GIC that's right for you.

The rate of return on MarketSmart GICs is based on several factors and a formula is used to calculate the payments. Our MarketSmart Return calculator provides an indication of the current value of your GIC. You can also review the formula and sample calculations.

Ready to Invest?

Buy a GIC for your registered account or on its own.