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Term Deposits GICs - Island Savings What is a term deposit GIC? Term deposits, also known as Guaranteed Investment Certificates (GICs), are low risk investments that are well suited for both short-term savings goals and long-term investment plans Most of our term deposits can be held within a registered plan, like an RRSP or a TFSA Learn more about registered plans and their tax advantages
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TERM DEPOSIT GIC RATES - Island Savings Term deposit rates are subject to change without notice Interest rates are per annum Interest compounds annually Terms and conditions apply winwin market-linked GIC minimum guaranteed annual interest rate is paid out annually and does not compound This product has a ceiling that determines the maximum return you may receive at maturity Terms and conditions apply PRIMECONNECT® interest