Guaranteed Investment Certificates (GICs)

Available as a registered or non-registered investment, Northern GICs offer a guaranteed return on your money—so there’s no need to guess where the markets are going.


Redeemable GICs are available at 30- to 179-day terms with a minimum balance of $5,000, or longer 180-day to 5-year terms with a $1,000 minimum. There’s no penalty for cancelling within the first 30 days, and a penalty of 50% of interest paid thereafter.

Non-Redeemable GICs are available in terms of 1 to 5 years and require a minimum balance of $1,000. Unlike Redeemable GICs, these investments are locked in until the term is complete, but the trade-off is a higher interest rate.


  • No fees
  • Completely secure
  • Choice of redeemable or non-redeemable
  • Guaranteed interest rate paid annually or semi-annually
  • Withdraw or reinvest your earnings at the end of the term

Please visit your local branch or call 1-866-413-7071 to talk to a Northern Advisor. Click here for hours of operation.