GICs: Lock in From 1-5 Years

A guaranteed investment to help you reach your savings goals. 

GIC Benefits

  • Minimum deposit $500.
  • Lock in a great rate for terms of one to five years. Specific maturity dates are available upon request.
  • Interest is paid at maturity for 1-year terms and annually for terms over one year.
  • Non-redeemable prior to maturity.
  • A renewal statement is sent to you quarterly detailing any maturing deposits.
  • No service charges.

* Minimum investment $500. Interest paid annually and at maturity. Quarter Century Members add .25% to posted rate.

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Get a GIC Today!

416.860.1072 or 1.888.560.2218

"Quarter Century" Members' GIC Bonus Rates!

Members that have been with Member Savings for 25 years plus, receive an extra .25% on all 1 to 5 year rates. Term Deposits, RRSPs, RRIFs and TFSAs are all eligible for this bonus. Cannot be combined with any promotional rate. 

Escalator GIC

New to our investment options, the Escalator GIC is a great way to maximize your return without the fear of losing out on rising interest rates.  Our new 5 year Escalator GIC allows your money to grow more and more each year with the guarantee of increased annual rates.  If rates increase substantially, the plan may be converted to a new GIC of 2 years or greater on the 3rd year anniversary.  The Escalator GIC is an investment offering flexibility, a guaranteed return and is eligible for both unregistered and registered funds (RRSP, RRIFs, TFSAs).

Talk to any one of our member service representatives or investment specialists today and watch your savings grow year after year.

Open a new Escalator GIC now!

416.860.1072 or 1.888.560.2218

Contact a Specialist 

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