You can choose a short or long term TD GIC, whichever best meets your investment needs. You also have the flexibility to invest in U.S. or Canadian funds from a minimum of $1,000 for a minimum one year term.
What GICs Feature
- choose between short or long terms
- interest payment options include monthly, semi-annually, annually or at maturity
- issued by The Canada Trust Company, TD Mortgage Corporation and TD Pacific Mortgage Corporation
- unconditionally guaranteed by TD Bank
- non-pre-encashable but may be sold on the secondary market through Canadian Treasury Money Market
- interest can be deposited directly to your TD Canada Trust account
What Benefits Do GICs Provide?
- guarantee a fixed interest rate per term
- accommodate your investment needs by offering short or long term options
- offer flexible interest payment options
- earn immediate interest on the interest deposited into your TD Canada Trust account
| GIC |
Term |
Deposit |
Interest |
| Short Term |
30-365 days |
min. $5,000 deposit |
Interest paid at maturity. |
| Long Term |
1-5 years |
min. $1,000 |
Interest on principal amount for min. $1,000 is paid semi-annually and at maturity or annually and at maturity. |
| Interest on principal amount for min. $5,000 is paid monthly and at maturity. |
| Compound interest on principal amount is calculated from issue date to maturity date, compounded annually and paid at maturity. |
For more information contact a Relationship Manager
at the Commercial Banking Centre nearest you!
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