Business GICs (Guaranteed Investment Certificates)
Get low-risk returns for your business.
What is a business GIC?
A business GIC is a safe and secure way to grow your business’ savings. Putting funds away for a set amount of time guarantees that your business gets its initial investment back — plus earned interest — once the term is over.
Short-Term GICs
With terms from 30 days to 12 months, they’re ideal for saving towards goals that are less than a year away. Most are redeemable GICs, which allow your business to withdraw its investment at any time, without penalty.
Enjoy the flexibility to redeem this GIC anytime. Redeem after at least six months to keep accrued interest.
† Read terms and conditions.
Terms and Conditions
†Interest rates are calculated per annum and accrued daily. Minimum investment of $500. Interest paid at maturity. No interest will be paid if you redeem this GIC within the first 6 months. Minimum redemption amount of $500 while maintaining the minimum investment amount.
CloseEnjoy the flexibility to redeem this GIC after 30 days without penalty.
† Read terms and conditions.
Terms and Conditions
† Offer subject to change without notice at any time. Interest rates are guaranteed and are calculated on a per annum basis. Minimum investment of $500. Partial or full redemption allowed, no minimum redemption amount required while maintaining minimum investment of $500.
CloseFeatured rates
| 1.90%† | One-month term |
|---|---|
| 2.20%† | Four-month term |
| 2.60%† | Nine-month term |
Terms and Conditions
† Rate subject to change or termination at any time, without notice. Interest rates are calculated per annum, accrued daily, and paid at maturity. Minimum investment of $500.
CloseLong-Term GICs
With terms from 12 months or more, ideal for investments that can be locked in for longer, but with a higher return.
Interest earned will be added to the principal investment amount each year, and as a result, your business will earn more interest.
Featured rates
| 3.10%† | One-year term |
|---|---|
| 3.40%† | Two-year term |
| 3.50%† | Three-year term |
| 3.60%† | Four-year term |
| 3.80%† | Five-year term |
Terms and Conditions
† Rate subject to change or termination at any time, without notice. Interest rates are calculated per annum, accrued daily, and paid at maturity. Minimum investment of $500.
CloseFlexibility with a great return.
Featured rates
| 0.80%† | Months 1-8 |
|---|---|
| 4.25%† | Month 9-16 |
| 2.53%† | The effective simple interest rate if held to maturity |
Terms and Conditions
† The effective simple interest rate if held to maturity is 2.53% when averaging 0.80% for the first 8 months and 4.25% for the second 8 months of the term. Offers subject to change or termination at any time, without notice. Interest rates are calculated per annum and accrued daily. Minimum investment of $500. Choose interest to be paid every 8 months (compounding) or every 8 months (non-compounding). Partial or full redemptions allowed, subject to the minimum redemption amount of $500 while maintaining minimum investment amount of $500. No interest is payable if redeemed before 30 days.
CloseBenefit from compound interest and the choice to redeem your business’ money on each anniversary, without penalty.
† Read terms and conditions.
Terms and conditions
† Interest rates are calculated per annum and accrued daily. Minimum investment of $500. Choose interest to be paid annually (compounding) or annually (non-compounding). Partial or full redemptions allowed on the annual anniversary date of the GIC. Minimum redemption amount of $500 while maintaining the minimum investment amount. Redemption outside the designated anniversary date is strictly prohibited.
Close
Coast Capital Savings Federal Credit Union is a member of the Canada Deposit Insurance Corporation (CDIC). More CDIC information
Only deposits payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.