Cashable GICs

Gives you the flexibility of cashing early.


Benefits of Cashable GICs

Safety and security

Your original investment and interest payments are guaranteed.

Access to your funds

Cashable in full or in part, subject to certain terms and conditions.

Available for purchase online

Cashable GICs can be purchased online on WebBroker in any investment account.


Types of GICs

TD Direct Investing offers a wide range of GICs and Term Deposits, so you can easily choose the one that best meets your investing goals.

Cashable GICs

Overview

At TD Direct Investing, you can explore the wide range of Cashable GICs that can help you reach your saving and investing goals.
Description
You’ll get the security of a guaranteed rate for the full term with the flexibility of an early cash-in option.
Length of term
1 year
3 years
Availability to cash in
Cashable
Options for interest payment
Options vary by product:
  • Simple interest paid at maturity
  • Compound interest calculated annually and paid at maturity
  • Interest can be paid monthly, semi-annually or annually

Market Growth GICs

Overview

Market Growth GICs capitalize on the growth potential of the world’s leading stock markets without risking your principal investment.
Description
Like traditional GICs, they offer you 100% principal protection, while taking advantage of the higher return potential of the stock market and a guaranteed minimum interest return.
Length of term
3 years
5 years
Availability to cash in
Not cashable
Options for interest payment
  • Guaranteed Minimum Interest Return is compounded annually and paid at maturity. Bonus interest, if any, is paid at maturity.

Non-Cashable GICs

Overview

A Non-Cashable GIC cannot be cashed in before the maturity date. Your funds are locked-in for a specific term.
Description
Generally, these investments yield a higher return than a Cashable GIC so they can be an option to consider if you can lock in your funds for a period of time.
Length of term
30 – 270 days
1 – 5 years
Availability to cash in
Not cashable
Options for interest payment
Options vary by product:
  • Compound interest calculated annually and paid at maturity
  • Simple interest paid semi-annually and at maturity
  • Simple interest paid annually and at maturity
  • Simple interest paid monthly and at maturity

TD U.S. Dollar GICs & Term Deposits

Overview

TD U.S. Dollar GICs and Term Deposits are secure investments.
Description
These investments offer you the ability to earn interest at a guaranteed rate on your foreign funds.
Length of term
3 – 270 days
1 – 5 years
Availability to cash in
Not cashable
Options for interest payment
Options vary by product:
  • Simple interest paid at maturity
  • Compound interest calculated annually and paid at maturity
  • Interest can be paid monthly, semi-annually or annually




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