Cashable GICs and Term Deposits give you the security of a guaranteed rate with the flexibility of an early cashing option. You’ll find options below that are available as non-registered investments and within an RSP, RESP, RIF and TFSA. TD 1 Year Cashable GICThis investment features a 1-year term. You have the security of knowing your rate is guaranteed for one year, 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. 
| | | Minimum
Investment | Term |
|---|
| | Non–registered and Registered (TFSA) | $1,000 | 1 year |
|---|
| | | Cashability:- Cashable in full or in part after 30 days
- Minimum withdrawal amount of $1,000 and minimum remaining balance of $1,000
Interest Payment Options:- Simple interest1 paid monthly or annually at maturity
| | | | Registered
(RSP, RESP, RIF) | $500 | 1 year |
|---|
| | | Cashability:- Cashable in full or in part after 30 days
- Minimum withdrawal amount of $500 and minimum remaining balance of $500
Interest Payment Options:- Simple interest1 paid annually at maturity
| | | * Maximum investment amount for the TD 1 Year Cashable GIC is $4,999,999.99. |
|---|
5-Year Stepper GICThis 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 subject to a minimum withdrawal of $1,000 (Term/TFSA) and $500 (RSP/RESP/RIF) and the retention of a minimum balance of $1,000 (Term/TFSA) and $500 (RSP/RESP/RIF).
| | | Minimum
Investment | Term |
|---|
| | Non–registered and Registered (TFSA) | $1,000 | 5 year |
|---|
| | | 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 interest2 calculated annually and paid at maturity
| | | | Registered
(RSP, RESP, RIF) | $500 | 1 year |
|---|
| | | 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 interest2 calculated annually and paid at maturity
|
Term DepositsWith 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 at a reduced rate. 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. | | | Minimum
Investment | Term |
|---|
| | Short-Term
Non–registered and Registered (TFSA) | $5,000 | 30 to 364 days |
|---|
| | | Cashability:- Cashable in full or in part after 30 days, interest paid at prescribed early cashing rate
- 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
Non–registered and Registered (TFSA) | $1,000 | 1 to 5 years |
|---|
| | | Cashability:- Cashable in full or in part after 30 days, interest paid at prescribed early cashing rate
- Minimum withdrawal of $1,000 while maintaining at least the minimum investment amount
Interest Payment Options:- Simple interest1 paid semi-annually and at maturity
|
For more GIC options, read about our Special Offers. |
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