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Guaranteed Investment Certificate

Guaranteed Investment Certificate

Get the best rates for Non- Redeemable, Redeemable & Cashable GIC



Cashable GIC Rate

Student Investment Account Rate​​​​​​

Student Investment Account

0.20% Per Annum

Student GIC Account

(1 year Non-Renewable & Non-Redeemable GIC)

1.05% Per Annum


For more details on our deposit interest rates, Click here

*Terms and Conditions

a. Interest on the GICs is compounded annually and paid out at the end of the term.

b. Redeemable GICs - If redemption is made within 29 days of opening the redeemable GIC, no interest will be paid. 

    Refer to redeemable GIC disclosures and Interest Rates table for complete and updated information.

c. Non-Redeemable GICs cannot be redeemed before the maturity date and the funds cannot be accessed before maturity.

d. Cashable GIC is offered for a 1-year term. Interest in Cashable GIC is accured on daily basis and calculated as simple interest. Interest is paid out at maturity or at the time of redemption.

e. SBI Canada Bank is a member of CDIC. (To find out information about deposit insurance from the Canada Deposit

    Insurance Corporation including what instruments and/or products are eligible for deposit insurance, visit their website

   Information on deposit insurance is also available in the CDIC brochure entitled "Protecting Your Deposits"

e. For detailed disclosures on Redeemable GICs, Click here

f. For detailed disclosures on Non-Redeemable GICs, Click here

g. For detailed disclosures on Non-Redeemable Student GICs, Click here

h. For detailed disclosures on Cashable GICs, Click here

To manage your investments, Download YONO SBICA Mobile App today

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 cdic digital symbolhandlehandleCDIC image  SBI Canada Bank is a member of CDIC

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