GIC

Money doesn't grow on trees. It grows with GICs.

Looking for a great way to secure guaranteed savings? Get this low-risk investment option with predictable growth and a variety of terms and rates to match your needs.

How do GICs work?

A Guaranteed Investment Certificate (GIC) is a straightforward investment that works much like a savings account, where you earn interest on your deposit. As a lower risk product, you gain more assurance that your investment will grow.
This makes a GIC a savings tool to consider if you:
  • Are looking forward to retirement within the next five years
  • Have a short-term savings goal
  • Prefer a less risky investment

In order to gain that predictability, the funds will have to stay in your account for the entire length of the term you choose. But with terms ranging from one to five years, you have options.

Learn more about the Outlook Financial Terms and Conditions and security measures

Great GIC rates in Canada

When you invest in a GIC with Outlook Financial, you get competitive rates and much more.

100% Deposit Guarantee 

All deposits made in an Outlook Financial GIC are guaranteed, without limit, by the Deposit Guarantee Corporation of Manitoba. That means both your accounts are always safe and protected.

Easy terms

Based on your individual saving goals, choose from a one-year term up to five years. The longer the term, the more interest you earn on your deposit.

Reinvest 

Choose to reinvest your compound interest back into your GIC, or have it paid annually into your High-Interest Savings Account.

Flexibility

Fixed term GICs are eligible for both non-registered investments and registered plans.

Fixed GIC rates

1-year term

GIC

2-year term

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3-year term

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4-year term

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5-year term

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*All rates are subject to change without notice.

GIC interest rates are quoted per annum, with interest calculated and paid on each 12-month anniversary date, and at the maturity date. Term rates are guaranteed for their specified duration and are not redeemable prior to maturity. Minimum deposit $1,000.

How much can I save?

Go ahead. Calculate your GIC potential.

Purchase a GIC

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New to Outlook Financial? 
Get started with our quick application form before purchasing your GIC.
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Already a member?

For existing members, you’re only a couple of clicks from reliable savings growth with a GIC.

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