All rates are calculated on a per annum basis, applicable for deposits up to $5,000,000 and subject to change without notice. For deposits greater than $5,000,000, please contact your branch. 1Monthly interest is available only if interest is deposited to a CWB account or electronically transferred to an account at another financial institution. Calculated based on the CWB Prime rate, if the rate goes up, so does your investment. If rates decline, you can fully redeem your deposit and interest with no interest penalty anytime 30 days after investing. The monthly interest option for Gold Leaf PLUS ® clients provides a steady income stream. GIC monthly interest calculation Monthly interest is available only if interest is deposited to a CWB account or processed via Electronic Funds Transfer (EFT). GIC monthly interest minimum $1,000.00. GIC GoldLeaf Interest calculation 0.25% rate reduction applies if monthly interest is not deposited to a CWB demand account. GIC rates range from 12 month up to 60 months (5 years) for fixed term. 1-6 days to 180 days for fixed short term as well as floating redeemable rates from 1 month to 3 years. All rates are calculated on a per annum basis, applicable for deposits up to $100,000 and subject to change without notice. For deposits greater than $100,000, please contact your branch for rates. On This Page: A TFSA lets you earn tax-free investment income. The contribution limit for 2019 is set at $6,000, up to a total contribution of $63,500. WestEarner ® TFSA GIC. All the security you expect from a guaranteed investment certificate (GIC) bundled with the tax-free earnings of a Tax Free Savings Account (TFSA). Rates; 1 and under 2 years: 0.35%: 2 and under 3 years: 0.35%: 3 and under 4 years: 0.35%: 4 and under 5 years: 0.35%: 5 years: 0.35%
Rates; 1 and under 2 years: 0.35%: 2 and under 3 years: 0.35%: 3 and under 4 years: 0.35%: 4 and under 5 years: 0.35%: 5 years: 0.35%
Monthly interest is available only if interest is deposited to a CWB account or electronically transferred to an account at another financial institution. A 0.25% rate reduction applies if monthly interest is not deposited into a CWB account. For simple interest with monthly payment option, the annual interest rate will be 0.25% less than the quoted rate (except if held by CIBC 60 Plus Advantage ® clients and CIBC Smart ™ for Seniors clients). No interest is earned on this GIC after maturity. Minimum investment of $1,000; and maximum investment of $999,999. 3 If you have more than one Motive Savvy Savings Account, where combined Motive Savvy Savings Account Balances exceed $1 million, the posted rate for $1,000,000.01 and over will apply. 4 Interest is calculated on the daily closing balance at the applicable rate tier and paid on December 31st. The interest rate on most GICs is fixed. However, there are also options to earn variable interest ( variable-rate GICs) or even have the return tied to the performance of the stock market ( market-linked GICs). A GIC can be held in registered (TFSA, RRSP, RESP, RRIF) or non-registered accounts. For more on Rates can depend on the term, interest frequency and investment option you select and are subject to change without notice. $100 for Generation Account holders. For all other investors, $500 for terms 1 year or greater and $1,000 for terms less than 1 year.
GIC rates range from 12 month up to 60 months (5 years) for fixed term. 1-6 days to 180 days for fixed short term as well as floating redeemable rates from 1 month to 3 years.
The interest rates offered on these GICs are lower than what is available for a similar Motive Financial is CDIC-insured through the Canadian Western Bank.
The interest rate on most GICs is fixed. However, there are also options to earn variable interest ( variable-rate GICs) or even have the return tied to the performance of the stock market ( market-linked GICs). A GIC can be held in registered (TFSA, RRSP, RESP, RRIF) or non-registered accounts. For more on
Canadian Western Bank 2 Year GIC Account - Deposits Q: I recently had a 2 year GIC purchased from your bank to be deposited into my TFSA at BMO. However, I now note your details about no monthly interest and the 0.25% deduction if it is not deposited into a CWB account.
TD's Featured GIC Rates. * Equivalent to the total return over the term of the investment (i.e. not an annualized rate). Return linked to market index performance. Maximum return of 18.88% is over the entire 3-year term.
1 to 5 year terms. Rates. Term (months), Annual interest, Monthly interest1, Gold 3 Mar 2020 They come with guaranteed interest and included insurance. Unlike stocks or ETFs, GICs are much safer and low-risk means of investing.