Guaranteed investment certificates
Growth you can count on
Guaranteed investment certificates
A safe investment to help you reach your savings goals. Through one of our competitive GIC options, you have the flexibility to earn interest at a fixed or variable rate and to choose the term that fits your savings goals.
What is a GIC?
Safe, secure and predictable, a Guaranteed Investment Certificate, or GIC, is one of the simplest ways to protect your money while earning a return. As the name implies, a GIC guarantees the money you invest. That means you'll get back every dollar you put in, plus what you earn in interest when the GIC comes to term. How long you invest is up to you. One of our investment experts at any of our branches across Canada will help you find the term length to match your unique goals, sit back, and enjoy the worry-free rewards.
Which CWB GIC is right for you?
Long term GICs
Short term GICs
Get the protection and profitability you expect for your funds without the extensive investment term.
Taking your investing goals further
Floating rate redeemable term deposit
Put your money to work with an interest-earning investment you can redeem after a short period of time as you see fit. Calculated based on the CWB Prime rate, if the rate goes up, so does your investment. If rates decline, you can fully redeem your deposit and interest with no interest penalty anytime 30 days after investing.
The monthly interest option for Gold Leaf PLUS® clients provides a steady income stream.
GIC Laddering
Want to maximize your GIC returns without locking in all of your money into one term? GIC laddering gives you the best of all worlds: higher rates, less risk and the ability to access funds every year. With a GIC laddering strategy, savings are divided into five separate GICs – all with different terms and interest rates. Each year one GIC will mature, allowing you to reinvest the money into another five-year term or access the funds if needed.
*Limited time offer for 19-month, 23-month and 27-month Personal CAD GIC deposits until July 29, 2022. Minimum $1000 deposit; eligible deposit types include non-registered, RRSP, TFSA and RRIF. All rates are calculated on a per annum basis and subject to change without notice.