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Non-Cashable GICs

Non-Cashable GICs offer a higher return for your locked-in investments.

How to Apply

Visit any TD Canada Trust Branch
or call 1-866-222-3456

If you have an account with TD Canada Trust:
Apply now

A Non-Cashable GIC cannot be cashed in before the maturity date. Your funds are locked-in for a specific term. Generally, these investments yield a higher return than a cashable GIC so they can be a great option if you have the ability to lock in your funds for a period of time.

What are the benefits of TD Non-Cashable GICs?

Safety and security

Your original investment and interest payments are guaranteed.

Competitive interest rates

These rates are guaranteed for the term of your investment.

Flexible terms

Terms range from 30 days to five years.

Explore your TD Non-Cashable GIC options today

Visit any TD Canada Trust Branch

Call 1-866-222-3456 to discuss your options

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

Apply now

TD helps you find the right GIC for every savings goal

Non-Cashable GICs can be an excellent choice for investors who are able to lock in their funds for a specific period of time. They give you the security of a set interest rate for the full term and a guaranteed return. You can use them to reach both short-term and long-term investment goals and they are well-suited to an investment strategy of laddered maturities.

What types of Non-Cashable GICs are available?


TD Special Offer GICs (Non-Cashable)

New and Improved Auto Renewal Features - The 15 Month TD Special Offer GIC will automatically renew into another 15 Month TD Special Offer GIC so that you don’t miss a day of interest.

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Collapse GIC Details

15 Months TD Special Offer GIC


Rates for Non-registered and TFSA

Rates for RSP
Rates for RIF, RESP
$1,000 - $9,999.99 = 1.00%
$10,000 - $49,999.99 = 1.08%
$50,000 - $99,999.99 = 1.10%
$100,000 + = 1.18%
$500 - $9,999.99 = 1.00%
$10,000 - $49,999.99 = 1.08%
$50,000 - $99,999.99 = 1.10%
$100,000 + = 1.18%
1.10%

Non-registered and TFSA

Investment minimum: $1,000

Cashability:

  • Not cashable

Interest Payment Options:

  • Compound interest calculated annually and paid at maturity

Auto Renewal Feature:

  • Renew Principal and Interest to 15 Month TD Special Offer GIC at the interest rate in effect for the renewed investment on the date of renewal

Registered RSP, RIF, RESP

Investment minimum: $500

Cashability:

  • Not cashable unless for RESP/RIF payments

Interest Payment Options:

  • Compound interest calculated annually and paid at maturity

Auto Renewal Feature:

  • Renew Principal and Interest to 15 Month TD Special Offer GIC at the interest rate in effect for the renewed investment on the date of renewal

TD Special Offer GICs automatically renew ensuring you never miss a day of interest.

How to renew


Guaranteed Investment Certificate Short-Term

Expand GIC Details

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Guaranteed Investment Certificate Long-Term & Simple Interest

Expand GIC Details

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Guaranteed Investment Certificate Long-Term & Compound Interest

Expand GIC Details

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Explore your TD Non-Cashable GIC options today

Visit any TD Canada Trust Branch

Call 1-866-222-3456 to discuss your options

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

Apply now

FAQs

We’ve provided answers to some of the most common questions people have about Non-Cashable GICs and Term Deposits.

Collapse Can I cash out early?

Non-registered non-cashable GICs may not be cashed-in early. Registered non-cashable GICs may only be cashed-in for RESP/RIF payments. Early cashing requests may be subject to buyback pricing depending on the investment which will be determined at the time of the request.

Expand 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.

Expand Can I buy GICs in registered accounts?

Yes, GICs can be purchased in both non-registered or registered investment accounts including RSP and TFSA.