RSP Guaranteed Investment (RSP GIC)

Protect your retirement savings with the guaranteed growth of a GIC combined with the tax benefits of an RSP.

Up to [[GIC_RSP.RATE.MAX]]^†

Interest rate

Monthly fee

Purchase GIC

Great rate

Lock in your savings for one of our set terms and start earning a great interest rate.

No unfair† fees or service charges

We simply don’t believe in unfair fees. So you won’t have to pay to save with us.

Easy to open online

Once you’re a Tangerine Client, opening a GIC online takes just a few minutes.

Benefits of an RSP

You pay less tax

Contributions to an RSP can be deducted from your taxable income, which is especially worthwhile if you use this tax saved to make a contribution for next year or to pay off debts.

Your RSP contribution is tax sheltered

The money you contribute, up to your contribution limit, and the earnings you make on your investments are only subject to tax when you withdraw from your RSP.

You can split your income with a Spousal RSP

Spousal RSP contributions help ensure future retirement income is split evenly between you and your partner.

Current GIC interest rates

Current interest rates as of today's date.

Term	Rate
90 Day	[[GIC_RSP.RATE.90_DAY]]^†
180 Day	[[GIC_RSP.RATE.180_DAY]]^†
270 Day	[[GIC_RSP.RATE.270_DAY]]^†
1 Year	[[GIC_RSP.RATE.1_YEAR]]^†
1.5 Year	[[GIC_RSP.RATE.1.5_YEAR]]^†
2 Year	[[GIC_RSP.RATE.2_YEAR]]^†
3 Year	[[GIC_RSP.RATE.3_YEAR]]^†
4 Year	[[GIC_RSP.RATE.4_YEAR]]^†
5 Year	[[GIC_RSP.RATE.5_YEAR]]^†

GIC Interest Calculator

See how much interest you’ll earn in your GIC.

GIC Table

GIC Amount

Select Term

Compare to Term

GIC Term	Interest Earned

*Estimator tool is for demonstration purposes only and should not be relied upon as financial or other advice.

Reach your savings goals faster

Create a personalized savings goal and have money moved automatically to your Tangerine Account.

Check out these helpful articles

Invest

What is a mutual fund?

An overview of what you need to know about mutual funds so you can make an informed investing decision.

Illustration of a group of people viewed from above forming the word FUND.

Invest

RSP vs. TFSA: Understand the difference

Do you know the difference between RSPs and TFSAs? Consider this a crash course.

Illustration of game tiles spelling the words TFSA and RRSP.

Join with our app

Become a Client completely digitally with our Mobile Banking app³. Sign up without leaving your home or having to call us—it’s a fast, convenient and secure mobile experience.

Don’t have our Mobile Banking app³ yet? Download it today, so you can bank easily from anywhere.

4.6

39,000 Reviews⁴

4.7

67,000 Reviews⁴

Signing up on Web is cool too!

Take a look at our other products

Guaranteed Investment

Lock away some savings and earn guaranteed interest for the term you choose.

Tax-Free Guranteed Investment

A safe, secure, tax-free way to earn great interest.

^{^}Fair fees mean they are disclosed and agreed to in advance, and the amount makes sense relative to the benefit received. Registered Accounts have no fees while your funds are with us. If at some point you decide to transfer your funds to another financial institution, a fee will apply. View the complete list of Account fees.

^† Savings Account, Chequing Account, and GIC interest rates expressed on this website are annual interest rates and are current as of today's date. Interest rates are subject to change without notice. Interest is calculated daily and paid monthly on our Savings and Chequing Accounts. GIC terms of one year or longer have interest calculated on the basis of 365/366 days and compounded and/or paid annually. GIC terms of less than one year have interest calculated on the basis of 365/366 and paid at maturity.

³ Some conditions may apply. Service is subject to availability and successful digital verification.

⁴ As of August 2024 from the Google Play Store and App Store.

^® Apple is a registered trademark of Apple Inc.

^™ Android is a trademark of Google Inc.