Guaranteed Investment Certificates (GICs) are ideal investments if you want to invest for a specific term at a guaranteed rate without risking your initial investment. Your investment earns interest, at either a fixed rate, or based on a pre-determined formula. In general, GICs with longer terms earn higher interst rates. GICs often form the foundation of a well-balanced portfolio.

GIC Benefits:*

• Security and safety—both your original investment and interest rate are guaranteed.^†
• Competitive interest rates—guaranteed for the full term of the investment.
• Flexible investment terms—ranging from 30 day to three, five, seven or 10 years.
• Choice of interest payment frequencies.
• Eligible for registered investment plans.

* Benefits listed are not applicable for all types of GICs.
^† Return of the RBC Market Access GICs are not guaranteed.

Key Features of GICs:

Two types for greater flexibility

• Guaranteed-return GICs guarantee that your money will grow as expected.
• RBC Market Access GICs^™, Market-linked GICs^{^} offer you the growth potential of the stock market while guaranteeing your principal. Your principal guarantee while return* is variable and will depend on the performance of the underlying investment.

Redeemable - Redeemable GICs (term deposits) may be redeemed prior to maturity. A lower interest rate applies to early redemptions.

Non-redeemable - Non-redeemable GICs are not redeemable prior to maturity except in exceptional circumstances.

To find out more, speak to an investment representative at any RBC branch or call 1-800-769-2511.

^{^} These GICs do not pay you regular interest income or provide a guaranteed rate of return. It is possible that there may be no return. For full products details, including how the variable return is calculated, please refer to the relevant GIC listed on this page, visit your nearest RBC branch or call 1-800-ROYAL^® 1-1.

^™ Trademarks of Royal Bank of Canada