GIC Calculator

Calculate your guaranteed investment returns with ease

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Minimum: $500 | Maximum: $1,000,000
0.5% 5.5%
How GIC Interest Works

Compound Interest: Interest is calculated on both the principal and accumulated interest. Your money grows faster over time as earnings generate their own earnings.

Simple Interest: Interest is calculated only on the principal amount. You receive regular interest payments while your principal remains constant.

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Principal Amount

$10,000.00

Total Interest Earned

$500.00

Maturity Value

$10,500.00

CDIC Insured up to $100,000 per institution
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