Special GICs
Beyond our regular GIC and Term Deposit line-up, we also offer Special GICs, which offer guaranteed principal and are available within an RSP, RESP and RIF (except for the Premium Rate Business GIC, which is not available in an RSP, RIF, or RESP, and the Security GIC Plus which is not available in a RIF or RESP). However, each Special GIC offers slightly different options to better meet your specific needs.
5-Year Stepper GIC
This investment features a 5-year term with an annual interest rate that increases on each anniversary date. You also have the option of redeeming all or a portion of your investment on each anniversary date of the purchase of your GIC.
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Minimum
Investment |
Term |
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Non–registered |
$1,000 |
5 years |
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Cashability:
- On each anniversary date in full or part. Interest paid on redemption.
- Minimum withdrawal of $1,000 while maintaining at least the minimum investment balance.
Interest Payment Options:
- Compounded annually and paid at maturity
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Registered
(RSP, RESP, RIF) |
$500 |
5 years |
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Cashability:
- On each anniversary date in full or part. Interest paid on redemption.
- Minimum withdrawal of $500 while maintaining at least the minimum investment balance.
Interest Payment Options:
- Compounded annually and paid at maturity
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1 + 1 GIC
This investment features a two-year term with a guaranteed rate that escalates in the second year. Should you change your investment goals or require access to funds, you can redeem in full on the first anniversary date.
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Minimum
Investment |
Term |
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Non-registered
(Cashable on the anniversary date- interest paid on redemption) |
$1,000 |
2 years |
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Interest Payment Options:
- Compounded annually and paid at maturity
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Registered (RSP, RESP, RIF)
(Cashable on the anniversary date- interest paid on redemption) |
$500 |
2 years |
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Interest Payment Options:
- Compounded annually and paid at maturity
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Triple Value GIC
This investment features a three-year term with guaranteed rates that escalate in each year of the term. Should you change your investment goals or require access to funds, you can redeem in full on the first or second anniversary dates.
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Minimum
Investment |
Term |
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Non–registered
(Cashable on each anniversary date- interest paid on redemption) |
$1,000 |
3 years |
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Interest Payment Options:
- Compounded annually and paid at maturity
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Registered (RSP, RESP, RIF)
(Cashable on each anniversary date- interest paid on redemption) |
$500 |
3 years |
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Interest Payment Options:
- Compounded annually and paid at maturity
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Special Edition 19-Month GIC
Not sure if you're ready for long term? The Special Edition 19-Month GIC is a mid-term option with an attractive rate.
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Minimum
Investment |
Term |
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Non-registered
(Not cashable) |
$1,000 |
19 months |
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Interest Payment Options:
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Registered (RSP, RESP, RIF)
(Not cashable, unless for RESP/RIF payments) |
$500 |
19 months |
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Interest Payment Options:
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GIC with Special Pricing
This investment features a competitive interest rate. It is
suitable for investors who can lock in for the entire term since it is
not cashable prior to maturity. Highlighted below are the specific features for each
GIC. Different terms and rates are available based on minimum investment amount.
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Minimum
Investment |
Term |
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Non–registered
(not cashable) |
$1,000 |
1 year |
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Interest Payment Options:
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Registered (RSP, RESP, RIF but not available in an RESP
if principal amount is $100,000 or more)
(Not cashable, unless for RESP/RIF payments) |
$500 |
1 year |
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Interest Payment Options:
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Non–registered
(Not cashable) |
$25,000 |
30-59 days |
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Interest Payment Options:
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Non–registered
(Not cashable) |
$25,000 |
90-119 days |
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Interest Payment Options:
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Registered (RSP, RIF)
(Not cashable, unless for RIF payments) |
$25,000 |
90-119 days |
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Interest Payment Options:
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Premium Rate Business GIC
This investment features a premium interest rate. It is exclusive to Small Business Banking customers who are willing to lock in their funds for 90 days. This GIC was designed to consistently provide a premium rate of interest so you can focus on running your business and spend less time worrying about interest rates.
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Minimum
Investment |
Term |
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Non–registered
(not cashable) |
$100,000 |
90 days |
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Interest Payment Options:
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Security GIC Plus
The Security GIC Plus offers a guaranteed minimum interest return plus the potential to earn even more. A bonus return is linked to the performance of two stock market indices: S&P/TSX Banks Index and the S&P/TSX Capped Utilities Index, with a 50% weighting to each index.
At maturity, you will receive the guaranteed minimum interest return plus a bonus interest return, if any, so you have the potential for higher returns. But unlike stocks, your principal is guaranteed no matter which way the markets move. And your investment has no foreign currency risk. Please note, the Security GIC Plus is not offered within an RESP or RIF.
Bonus Interest Return
The bonus interest return is calculated based on the combined performance of two stock market indices: S&P/TSX Banks Index and the S&P/TSX Capped Utilities Index over the term of the investment, up to the Maximum Return. Please refer to the Rate Information for the current guaranteed minimum interest return and Maximum Returns.
Principal Protected
Your original principal is protected no matter which way the stock market moves.
Even if the market index declines, you earn no bonus interest, but your original investment remains fully protected and you will receive the minimum guaranteed interest rate. The Security GIC Plus is issued by TD Mortgage Corporation and is fully guaranteed by The Toronto-Dominion Bank.
No Foreign Currency Risk
Your investment is not exposed to fluctuations in foreign currencies.
More About Security GIC Plus
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Minimum
Investment |
Term |
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Non-registered
(Not cashable) |
$1,000 |
3 or 5 years |
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Interest Payment Options:
- Interest return is paid at maturity
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Registered (RSP)
(Not cashable) |
$500 |
3 or 5 years |
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Interest Payment Options:
- Interest return is paid at maturity
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