Climbing the Ladder

If you need the flexibility of redeeming a portion of your GIC before maturity, but still want to grow your investment at the maximum rates available, the Accelerator is for you.

Our Accelerator Term Investment offers higher and higher rates of interest in each year of its five-year term.  What’s more, it’s convertible on the third and fourth anniversary to a regular GIC for the remaining term, or longer if you wish.  So, if interest rates have risen over the life of your investment, you can maximize your overall return by re-investing your deposit at the higher rate.

Plus, Ready Cash if You Need It

The Accelerator gives you the option of redeeming up to 20% of your principal without penalty once a year, on the anniversary date of your investment, should a need for cash arise.

Government-guaranteed deposit insurance1 protects you up to $250,000 for unregistered investments and is unlimited on registered plans.

1. Deposits are insured by the Deposit Insurance Corporation of Ontario.


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