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

Open an Account

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]]

Reach your savings goals faster

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

See how much interest you’ll earn in your GIC

Check out these helpful articles

Save

A beginner's guide to GICs

What is a GIC? How do they work? Should I invest in a GIC? We’ve got answers in our beginner's guide.

Invest

TFSA, RSP or both? Try our interactive tool

Need help deciding where to put your money? Our interactive tool will walk you through several common scenarios that show the advantages and disadvantages of both RSPs and TFSAs.

Download the app

Become a Client completely digitally with our Mobile Banking app. 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 app yet? Download it today, so you can bank easily from anywhere.

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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 unfair 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.