2-Year GIC

3.80% AER · fixed rate

Min. Deposit: $1,000
Term: 2 years
Protection: CDIC coverage

What $25,000 Earns You

At 3.80% AER over 2 years. Take the interest once a year, or leave it in to compound.

You Deposit	$25,000
Paid Once a Year	$950
Total Interest	$1,900
Balance at the End	$25,950

Each $950 interest payment is paid to you directly, and $1,900 is what they add up to over the term. The figure at the end is your initial investment of $25,000 paid back plus your final interest payment.

You Deposit	$25,000
Total Interest	$1,936
Balance at the End	$26,936

No interest is paid out to you during the investment period, so your final return will include your initial investment of $25,000 plus $1,936 interest.

Where You Stand

CDIC coverage

Covered up to Up to $100,000 per person if Achieva Financial fails.

Product Details

Type: GIC
Term: 2 years
How Interest Is Paid: Once a year Left to compound
Min. Deposit: $1,000
Protection: CDIC coverage
Coverage: Up to $100,000
Region: Canada

Eligibility & Details

Ontario credit union (online).

Compare Canada is a comparison site, not a financial adviser. Figures use a $25,000 example at 3.80% over 2 years, compounded annually where shown. Confirm all terms with Achieva Financial before you commit.