GICs & Term Deposits
TD Special Offer GICs
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 but are available for a limited time. They are offered in a variety of terms to maturity and account types (non-registered, RSP and TFSA).
For your convenience, TD Special Offer GICs renew automatically at the end of the term into a Guaranteed Investment Certificate or Term Deposit whose features are determined at the time of your initial investment so that you don't miss a day of interest.
What are the benefits of TD Special Offer GICs?
1. Safety and securityYour original investment and interest payments are guaranteed.
2. Competitive interest ratesThese rates are guaranteed for the term of your investment.
3. Eligible for non-registered and registered investment plansTD Special Offer GICs are available in non-registered and registered accounts (RSP, RESP, RIF and TFSA).
Please note that the TD Special Offer GIC (100 days) is not offered within an RESP or RIF. TD Special Offer GICs are not transferable to a TD Waterhouse account
TD Special Offer GICs
Take a look at the TD Special Offer GIC options available to you.
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!
A GIC or Term Deposit is a good investment option if you're looking to reach your savings goal in the:
Laddering GICs
Find out how a laddered maturities plan can help you maximize returns.
TD Canada Trust helps you find the right GIC for every savings goal
Special Offer GICs feature attractive interest rates but will only be available for limited time periods.
If you're building your rainy day fund, saving for a home or other special purchase, or adding to your retirement nest egg, there's a TD Special Offer GIC that may be right for you.
What types of TD Special Offer GICs are available?
- TD Special Offer GICs - Cashable
Term Rates for
Non-Registered and TFSARates for
RSP100 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 daysInvestment 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 daysInvestment 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!
1 Interest is calculated only on the original principal and not on the sum of the principal plus accrued interest.
- TD Special Offer GICs - Non-Cashable
Term Rates for
Non-registered and TFSARates for
RSP, RIF, RESP15 months 1.55% 1.55%
Non-registered and TFSA
Investment minimum: $1,000
Cashability:- Not cashable
Interest Payment Options:- Compound interest1 calculated annually and paid at maturity
Registered RSP, RIF, RESP
Investment minimum: $500
Cashability:- Not cashable unless for RESP/RIF payments
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!
1 Interest is calculated on the original principal plus any accrued interest.
- Premium Rate Business GIC
The Premium Rate Business GIC is available to Small Business Banking/Commercial Banking customers only.
This GIC features a premium interest rate and is exclusively for Small Business Banking customers who are willing to lock in their funds for 90 days. You can be confident that you will always get a premium rate of interest so you can focus on running your business and spend less time worrying about interest rates.
Term Rates for
Non-Registered and TFSARates for
RSP, RIF, RESP90 days 1.25% n/a
Investment minimum: $100,000
Cashability:- Not cashable
Interest Payment Options:- Simple interest1 is 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!
1 Interest is calculated only on the original principal and not on the sum of the principal plus accrued interest.
Laddering GICs
Find out how a laddered maturities plan can help you maximize returns.
Have some more questions?
Consult our Frequently Asked Questions.
Have a few questions?
We've provided answers to some of the most common questions people have about GICs and Term Deposits.
- Can I cash out early?
Yes, cashable GICs and Term Deposits may be cashed-in early, in full or in part, subject to certain terms and conditions.
- How are my earnings taxed?
Earnings in registered GICs and Term Deposits, such as RSPs or TFSA's are not subject to tax. Earnings received in non-registered GICs and Term Deposits will be taxed as interest income in the year in which it is earned. A T5 is issued after maturity.
- Why are some products called GICs and others called Term Deposits?
Term Deposits and GICs both offer secured investments with guaranteed returns. The main difference is in the duration of the investment. Term Deposits tend to have shorter investment period of one year or less, while GICs can be locked-in for longer periods of time, up to 5 years.
- Can I buy GICs in registered accounts?
Yes, GICs can be purchased within both non-registered or registered accounts, such as RSPs, and TFSA's
GIC & Term Deposit Glossary
Cashability
This refers to the ability to redeem your guaranteed investment for cash at your convenience and withdraw funds before the original maturity date.
Laddering
The strategy of purchasing a series of GICs with gradually increasing terms (usually from one to five years).
Principal
The initial amount invested in the GIC.
Return
The interest you may earn during the term of your investment.
Term
The period of the investment, which can range from 30 days to 5 years.
