RSP Guaranteed Investment (RSP GIC)

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

Interest rate

Up to

Monthly Fee

0 dollars

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Key Features of a RSP GIC

Great rate
Lock in your savings for one of our set terms and start earning a great interest rate.
No unfair fees while you save with us
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 Benefits of an RSP
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 the 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 per year interest rate as of today's date.
Term Duration Term Type Term Interest Rate
90 Day Guaranteed Investment 0.20%
180 Day Guaranteed Investment 0.60%
270 Day Guaranteed Investment 0.75%
1 Year Guaranteed Investment 0.65%
1.5 Year Guaranteed Investment 0.70%
2 Year Guaranteed Investment 0.75%
3 Year Guaranteed Investment 0.80%
4 Year Guaranteed Investment 1.00%
5 Year Guaranteed Investment 1.10%

GIC Interest Calculator

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

GIC Table

In 90 days at an interest rate of 0.20%, you'll have earned 2.47 dollars in interest. A 180 day GIC terms at an interest rate of 0.60% would give you 14.79 dollars in interest.*

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footnote *Estimator tool is for demonstration purposes only and should not be relied upon as financial or other advice.
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RSPs have no unfair fees while you’re saving with us. If at some point you decide to transfer your funds to another financial institution, a $50 fee will apply. Fair fees mean they are disclosed and agreed to in advance, and the amount makes sense relative to the benefit received. For more details about any of our fees, please see our fee schedule here
footnote double asterisk 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.
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