Ladder your GIC savings to benefit from the higher rates of longer terms without locking everything into one term.

Here’s how it works:

  • Divide your savings into 5 separate GICs with terms ranging from 1 to 5 years

  • Every year, one of your GICs will mature and you can reinvest those funds for another 5 year term


  • Ability to capture higher interest rates: With your savings spread across different terms, you can benefit from the higher interest rates associated with longer terms.

  • Less exposure when interest rate changes: When interest rates are rising, you can reinvest your maturing GICs at the higher rate, and when interest rates go down, you’ve still got some savings locked in at the higher rates.

  • Better access to your savings: Since you’ll have a GIC maturing every year, some of your savings will become available each year if you need it.