Motive GIC
Watch your savings blossom.
Whatever you're saving for, our Motive GIC is here to help you get there faster.
Features
Term | 1 to 5 years |
Minimum investment | $1,000 |
Interest rate | Guaranteed for length of term |
Interest paid | Annually* |
*The holder has the option to receive interest paid annually into a Motive Savings Account or to have the interest compounded annually and paid at maturity. On Motive GICs with a term of at least 12 months, customers over the age of 57 also have the option of having interest paid monthly into a Motive Savings account.
Benefits
- It's your choice whether to have your interest paid annually to your Motive Savings Account or have it compounded and paid at maturity
- Once it matures, you can either have it automatically renewed, or you can transfer to your Motive Savings Account
Rates
Non-Redeemable Motive GICs* (Rates effective 2021-03-15) | Rates |
---|---|
12 Month Term | 1.30% |
24 Month Term | 1.40% |
36 Month Term | 1.45% |
48 Month Term | 1.65% |
60 Month Term | 1.75% |