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 2020-12-14) | Rates |
|---|---|
| 12 Month Term | 1.40% |
| 24 Month Term | 1.60% |
| 36 Month Term | 1.65% |
| 48 Month Term | 1.75% |
| 60 Month Term | 1.90% |
