GICs & Term Deposits

TD Canada Trust helps you find a GIC/Term Deposit for every savings goal

At TD you can explore the wide range of Cashable GICs and Term Deposits that can help you reach your saving and investing goals. You'll get the security of a guaranteed rate with the flexibility of an early cash-in option.

What types of Cashable GICs & Term Deposits are available?

• TD Special Offer GICs

  Earn a higher rate than traditional GICs and Term Deposits while maintaining all the safety and security you expect. These GICs feature attractive interest rates and limited time periods. They are offered in a variety of terms to maturity and account types (non-registered, RSP and TFSA).

  Term	Rates for Non-Registered and TFSA	Rates for RSP
  100 days*	1.15%	1.15%

  * Please note that the TD Special Offer GIC (100 days) is not offered within an RESP or RIF.
  

  

  Non-registered and TFSA

  100 days

  Investment minimum: $1,000

  Cashability:

  • Cashable in full or in part after 30 days, interest paid at prescribed early cashing rate
  • Minimum withdrawal amount of $1,000 and minimum remaining balance of $1,000

  
  Interest Payment Options:

  • Simple interest¹ calculated on principal amount for the number of days in the term and paid at maturity

  
  

  RSP

  100 days

  Investment minimum: $500

  Cashability:

  • Cashable in full or in part after 30 days, interest paid at prescribed early cashing rate
  • Minimum withdrawal amount of $500 and minimum remaining balance of $500

  
  Interest Payment Options:

  • Simple interest¹ calculated on principal amount for the number of days in the term and paid at maturity

  
  

  Explore your TD Cashable GIC & Term Deposit options today

  • Visit any TD Canada Trust Branch
  • Or call 1-866-222-3456 to discuss your options

  
  If you have an account with TD Canada Trust you can apply now!
  
  Apply Now
  

  ¹ Interest is calculated only on the original principal and not on the sum of the principal plus accrued interest.
  

  
  

• TD 3 Year Premium Rate Cashable GIC

  This investment features a 3 year term. You have the security of knowing your rate is guaranteed for 3 years, but, should you change your investment goals or require access to funds, you can cash in your TD 3 Year Premium Rate Cashable GIC at any time subject to the tired pre-encashment rates and to a minimum redemption amount and minimum remaining balance . For your convenience, the TD 3 Year Premium Rate Cashable GIC will automatically renew principal only at maturity into a TD 1 Year Cashable GIC , ensuring that you don't miss a day of interest.

  Term	Rates for Non-Registered and TFSA	Rates for RSP
  TD 3 Year Premium Rate Cashable GIC	1.60%	1.60%

  *Please note that the TD 3 Year Premium Rate Cashable GIC is not offered within an RESP or RIF.
  

  
  Apply Now

   

  
  

  Non-registered and TFSA

  Investment minimum: $1,000

  Cashability:

  • Cashable at any time. Tiered cash out rates are applicable to early cashing. The interest rate paid is determined by the pre-encashment schedule established at the time of issue. Redemptions prior to 91 days will pay no interest.
  • Minimum withdrawal amount of $1,000 and minimum remaining balance of $1,000

  
  Interest Payment Options:

  • Simple interest¹ paid annually and at maturity

  
  

  Registered RSP

  Investment minimum: $500

  Cashability:

  • Cashable at any time. Tiered cash out rates are applicable to early cashing. The interest rate paid is determined by the pre-encashment schedule established at the time of issue. Redemptions prior to 91 days will pay no interest.
  • Minimum withdrawal amount of $500 and minimum remaining balance of $500

  
  Interest Payment Options:

  • Simple interest¹ paid annually and at maturity

  
  

  Explore your TD Cashable GIC & Term Deposit options today

  • Visit any TD Canada Trust Branch
  • Or call 1-866-222-3456 to discuss your options

  
  If you have an account with TD Canada Trust you can apply now!
  
  Apply Now
  

  ¹ Interest is calculated only on the original principal and not on the sum of the principal plus accrued interest.
  

  
  

• TD 1 Year Cashable GIC

  This investment features a 365 day term. You have the security of knowing your rate is guaranteed for 365 days, but should you change your investment goals or require access to funds, you can cash in your TD 1 Year Cashable GIC after 30 days in full or in part, without penalty. For your convenience, the TD 1 Year Cashable GIC will automatically renew Principal and Interest at maturity into a TD 1 Year Cashable GIC ensuring that you don't miss a day of interest.

  Term	Rates for Non-Registered and TFSA	Rates for RSP, RIF, RESP
  365 days	0.80%	0.80%

  
  

  Non-registered and Registered and TFSA

  Minimum investment: $1,000
  Maximum investment: $4,999,999.99

  Cashability:

  • Cashable in full or in part after 30 days. Original contract rate applies to early cashing
  • Minimum withdrawal amount of $1,000 and minimum remaining balance of $1,000

  
  Interest Payment Options:

  • Simple interest¹ paid at maturity or monthly and at maturity

  
  

  Registered and RSP, RESP, RIF

  Minimum investment: $500
  Maximum investment: $4,999,999.99

  Cashability:

  • Cashable in full or in part after 30 days. Original contract rate applies to early cashing
  • Minimum withdrawal amount of $500 and minimum remaining balance of $500

  
  Interest Payment Options:

  • Simple interest¹ paid at maturity

  
  

  Explore your TD Cashable GIC & Term Deposit options today

  • Visit any TD Canada Trust Branch
  • Or call 1-866-222-3456 to discuss your options

  
  If you have an account with TD Canada Trust you can apply now!
  
  Apply Now
  

  ¹ Interest is calculated only on the original principal and not on the sum of the principal plus accrued interest.
  

  
  

• TD 1 Year US Dollar Cashable GIC

  This US dollar investment features a 365 day term. You have the security of knowing your rate is guaranteed for the entire term, but should you change your investment goals or require access to funds, you can cash in your TD 1 Year US Dollar Cashable GIC after 30 days in full or in part, without penalty. For your convenience, the TD 1 Year US Dollar Cashable GIC will automatically renew principal and interest at maturity into a TD 1 Year US Dollar Cashable GIC, ensuring that you don't miss a day of interest.

  Term	Rates for Non-Registered	Rates for RSP, RIF, RESP
  365 days	0.15%	N/A

  
  Apply Now

   

  
  

  Non-registered Only

  Minimum investment: $1,000 USD

  Cashability:

  • Cashable in full or in part after 30 days. Original contract rate applies to early cashing
  • Minimum withdrawal amount of $1,000 and minimum remaining balance of $1,000

  
  Interest Payment Options:

  • Simple interest¹ paid at maturity

  
  

  Explore your TD Cashable GIC & Term Deposit options today

  • Visit any TD Canada Trust Branch
  • Or call 1-866-222-3456 to discuss your options

  If you have an account with TD Canada Trust you can apply now!

  
  Apply Now
  

  ¹ Interest is calculated only on the original principal and not on the sum of the principal plus accrued interest.
  

  
  

• 5-Year Stepper GIC

  This GIC has a one year term and automatically renews for four successive one year terms on the maturity/anniversary date. The annual interest rate automatically increases on each maturity/anniversary date. The investment may be cashed in full or in part on the maturity/anniversary date.

  Term	Rates for Non-Registered and Registered (TFSA)	Rates for Registered (RSP, RIF, RESP)
  5 years	Year 1 1.00% Year 2 1.15% Year 3 1.40% Year 4 1.65% Year 5 4.00% Effective Annual Yield 1.834%	Year 1 1.00% Year 2 1.15% Year 3 1.40% Year 4 1.65% Year 5 4.00% Effective Annual Yield 1.834%

  
  

  Non-registered and Registered TFSA

  Minimum investment: $1,000

  Cashability:

  • Cashable in full or in part on each anniversary date. Interest paid on cashing
  • Minimum withdrawal amount of $1,000 and minimum remaining balance of $1,000

  
  Interest Payment Options:

  • Compound interest¹ calculated annually and paid at maturity

  
  

  Registered RSP, RESP, RIF

  Minimum investment: $500

  Cashability:

  • Cashable in full or in part on each anniversary date. Interest paid on cashing
  • Minimum withdrawal amount of $500 and minimum remaining balance of $500

  
  Interest Payment Options:

  • Compound interest¹ calculated annually and paid at maturity

  
  

  
  

  Explore your TD Cashable GIC & Term Deposit options today

  • Visit any TD Canada Trust Branch
  • Or call 1-866-222-3456 to discuss your options

  
  If you have an account with TD Canada Trust you can apply now!
  
  Apply Now
  

  ¹ Interest is calculated on the original principal plus any accrued interest.
  

  
  

• Term Deposits

  With our suite of Term Deposits, you can benefit from both a guaranteed rate and the flexibility to withdraw all or part of your investment prior to maturity. Term Deposits are well-suited to short-term savings goals such as a car purchase, but also allow for long-term savings with access to your funds if needed. Please note that Term Deposits are not offered within an RSP, RESP or RIF.

  Term	Rates for Non-Registered and TFSA	Rates for RSP, RIF, RESP
  Short-Term
  30 - 59 days	0.35%	n/a
  60 - 89 days	0.50%	n/a
  90 - 119 days	0.55%	n/a
  120 - 179 days	0.55%	n/a
  180 - 269 days	0.70%	n/a
  270 - 364 days	0.70%	n/a
  Long-Term
  1 year	0.70%	n/a
  2 years	0.80%	n/a
  3 years	0.85%	n/a
  4 years	1.00%	n/a
  5 years	1.45%	n/a

  
  

  Short-Term (30-369 days):
  

  Non-registered and Registered (TFSA)

  Investment minimum: $5,000

  Cashability:

  • Cashable prior to maturity at a pre-encashment rate determined at the time of purchase. Must be held for at least 30 days to earn interest
  • Minimum withdrawal of $1,000 while maintaining at least the minimum investment amount

  
  Interest Payment Options:

  • For terms less than 90 days, simple interest¹ paid at maturity
  • For terms 90 days or greater, simple interest¹ paid monthly and at maturity

  
  Long-Term (1 to 5 years):
  

  Non-registered and Registered (TFSA)

  Investment minimum: $1,000

  Cashability:

  • Cashable prior to maturity at a pre-encashment rate determined at the time of purchase. Must be held for at least 30 days to earn interest
  • Minimum withdrawal of $1,000 while maintaining at least the minimum investment amount

  
  Interest Payment Options:

  • Simple interest¹ paid semi-annually and at maturity

  
  

  Early cashing rates:

  Term	Rates for Non-Registered and TFSA	Rates for RSP, RIF, RESP
  Short-Term
  0 - 29 days	0.00%	n/a
  30 - 59 days	0.10%	n/a
  60 - 89 days	0.15%	n/a
  90 - 119 days	0.15%	n/a
  120 - 179 days	0.15%	n/a
  180 - 269 days	0.15%	n/a
  270 - 363 days	0.15%	n/a
  Long-Term
  0 - 29 days	0.00%	n/a
  30 - 364 days	0.05%	n/a
  1 - 2 years less a day	0.05%	n/a
  2 -3 years less a day	0.55%	n/a
  3 - 4 years less a day	0.65%	n/a
  4 - 5 years less a day	0.70%	n/a

  
  

  Explore your TD Cashable GIC & Term Deposit options today

  • Visit any TD Canada Trust Branch
  • Or call 1-866-222-3456 to discuss your options

  
  If you have an account with TD Canada Trust you can apply now!
  
  Apply Now
  

  ¹ Interest is calculated only on the original principal and not on the sum of the principal plus accrued interest.