Guaranteed Investment Certificates (GICs)

You can choose how long you want to invest your money for and at the end of the term, you get your original investment back plus the interest earned.

Benefits of investing in a GIC

  • Safe and Secure

    Investing in a GIC can be a safe and secure way to invest your money, as you’re guaranteed not to lose your original investment.

  • Competitive Rates

    You’ll enjoy our competitive interest rates that come with a guaranteed rate of return for the entire term of your investment.

  • Flexibility

    We have a range of flexible terms, interest payment frequencies and product features to better suit your ever-changing needs.

TD's Featured GIC Rates

GIC

Term

Rate

100 days

Earn up to % per annum

14-month

Earn up to % per annum

5 years

Earn up to %* over the entire term of the GIC

1 year

Earn up to % per annum

* Equivalent to the total return over the term of the investment (i.e. not an annualized rate). Return linked to market index performance. Maximum return of % is over the entire 5-year term.

What to consider before investing in GICs

Not sure which GIC is most right for you? Here are some factors to consider when choosing a GIC to invest in.

  • Plan type

    You can choose to grow your money tax-deferred or tax-free when you invest in a registered plan like an RRSP or TFSA. Learn more about registered plans and their tax advantages.

  • GIC Selection

    Fixed-rate GICs guarantee a fixed return for a specified period. Equity-linked GICs have returns linked to one or more stock market indices for higher growth potential. Foreign currency GICs and term deposits are investments held in foreign currency.

  • Cashability

    You can choose a cashable or redeemable GIC, if you want the flexibility of cashing out early before the end of the term.

  • Term

    You get to choose how long you want to invest your money for. It can be days, months or years, depending on your needs and investment goals. The longer the term, the more interest you may earn.

GICs for every goal

Whether you're saving for a down payment, a major purchase, wedding costs, or a major reno, TD offers 5 kinds of GICs designed to help you achieve your unique investment goals in a stress-free way. Discover which TD GIC is right for you.

Capitalize on the growth potential of stock markets without risking your principal investment while receiving a guaranteed minimum interest return.

  • Rate: Up to % on a 5 year term over the entire term* 
  • Terms: 3 or 5 years
  • Minimum investment: $5001
  • Cashability: Non-redeemable
  • Type: Equity-linked
  • Plan: Registered or non-registered

Great for: Investors looking for a higher return potential than traditional GICs.


Take advantage of these TD GICs which feature competitive interest rates and convenient automatic renewals.

  • Rate: Up to % per annum on a 14 month term
  • Terms: 100 days to 3 years
  • Minimum investment: $5001
  • Cashability: Cashable or Non-cashable
  • Type: Fixed-rate
  • Plan: Registered or non-registered

Great for: Investors looking for convenience and competitive fixed-rates with short to medium term goals.


Get flexible access to your money when you need it, while earning a guaranteed return.

  • Rate:  % per annum on a 1 year term
  • Terms: 30 days to 5 years
  • Minimum investment: $5001
  • Cashability: Cashable at prescribed early cashing rates
  • Type: Fixed-rate
  • Plan: Registered or non-registered

Great for: Investors looking for the flexibility of cashing out early or a place to park your money and earn interest, while you explore other investment options.


Enjoy a guaranteed return that is generally higher than a cashable GIC, by locking in your money for a set period of time.

  • Rate: % per annum on a 1 year term
  • Terms: 30 days to 5 years
  • Minimum investment: $5001
  • Cashability: Non-redeemable
  • Type: Fixed-rate
  • Plan: Registered or non-registered

Great for: Investors looking for a higher guaranteed return and who can invest until maturity.


Earn interest on your U.S. Dollar funds at a guaranteed rate.

  • Rate: % per annum on a 5 year term
  • Terms: 1 day to 5 years
  • Minimum investment: $1,000 USD2
  • Cashability: Cashable or Non-cashable
  • Type: Fixed-rate
  • Plan: Non-registered only

Great for: Investors looking to earn interest on U.S. currency until it's ready to be converted.


Tools and Calculators

We can help you plan for the future

  • Personalized investment advice

    We help you understand your options while working with your investment goals.

  • The right options

    No matter what type of investor you may be, we’re ready with options to help you succeed.

  • Convenience

    The advice you want. Call us Monday to Friday from 8 am – 8 pm EST to speak to an investment specialist in English, French, Mandarin or Cantonese.


Articles and tips to help you get started


Legal

1 Investment minimum for RSP, RESP, and RIF plans for eligible products.
2 Investment minimum for non-registered U.S. Dollar GICs (Long-Term and Simple Interest).


Ready to Invest? We can help!

Have a question? Find answers here

Deposit Insurance

Your deposits may be insurable by the Canada Deposit Insurance Corporation.