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Guaranteed Investment Certificates (GICs)

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

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.
 

Learn More

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 Equity-Linked 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 Equity-Linked GICs

Compare GICs

Special GIC Rates

  • 1.80%* on a 1 year term
    Cashable GIC
    Posted rate %
  • 3.50%* on a 1 year term
    Non-Redeemable GIC
    Posted rate %
  • 4.00%* on a 2 year term
    Non-Redeemable GIC
    Posted rate %
  • 4.50%* on an 5 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

See how a laddering strategy could benefit you.

Learn More

RBC Equity-Linked GICs Return Calculator

Get an indication of the current value of your GIC2

Learn More

Income Builder GIC Calculator

Create your own solution with an Income Builder GIC. Learn More

GIC FAQs

Explore top GIC questions.

GICs are one of the safest ways to protect and grow your money. Whether you’re looking for:

  • Cashable solutions that provide access to funds at any time
  • Short or longer term options
  • Guaranteed returns for most GICs* so you don’t have to worry about changes in the markets or the economy
  • Currency options so you can protect your Canadian or US dollar savings

Explore our GIC solutions.

* excludes Canadian Market Linked GICs. For Canadian Market linked GICs principal is guaranteed, interest is based on specific market returns

You can buy GICs:

  • Through RBC Online Banking if you have an RBC Royal Bank chequing or savings account, or an existing GIC.
  • Or if you have questions, we encourage you to use our online booking tool to schedule a time to speak with us by phone.

We have a broad range of GICs that can fit any goal. You can use our handy GIC selector tool to help you determine the best solution for you. You can also work with an RBC advisor to help you choose the right investment that best fits your objectives.

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

View All FAQs Managing Your GICs online

Ready to Invest?

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

Buy a GIC Purchase a Different Investment

Benefits listed are not applicable for all types of GICs.
Based on the following information:
  • Base Level from the date of purchase (as indicated on your GIC certificate)
  • Participation Factor or minimum and maximum rates (as indicated on your GIC certificate)
  • Latest applicable index value.
Special Rates are subject to change at anytime. Rates shown are calculated on a per annum basis. Eligible for personal balances only (includes both new purchases and renewals and balances in registered and non-registered plans). Available on certificates that pay interest semi-annually, annually and at maturity (compounded annually).