Available in Canadian and U.S. dollars, GICs are secure investments that protect your principal while offering attractive interest rates that are guaranteed for your chosen term.
GICs are secure investments with a guaranteed return and terms ranging from one month to five years. National Bank of Canada is a member of the Canada Deposit Insurance Corporation.1
Special promotional rates on these GICs make them a very attractive investment. You can choose from several set investment terms.
Minimum investment: $5,000
Interest: Payable at maturity
Minimum investment: $1,000
Simple interest: Choice of monthly, semi-annual or annual payments
This is the ideal product if you expect to need cash but don't know exactly when.
1 Subject to CDIC maximum coverage limitations.
2 Clients in the education, health and municipal sectors and public or Crown corporations should contact their Account Manager for more information concerning these investments.
3 The redemption conditions are as follows:
- Redemption allowed subject to a penalty based on the redemption table on the rates bulletin (F.12074)
- Redeemable before maturity at a reduced interest rate
- No interest if cashed within 30 days of the issue date Non-registered
- Partial redemption allowed before maturity by portions of:
$1,000, subject to a minimum balance of $1,000 being maintained for GICs held for a year or more; or
$5,000, for GICs held for less than a year.
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