Safe and secure investing
Backed by CDIC
Wyth really does
Non-redeemable GIC rates*
Watch your investments grow.
Period in years
Choose a GIC from Wyth
What is a GIC?
How does a GIC work?
Are GICs a safe way to invest?
What if I don't have a Wyth account?
Let's answer your GIC questions
As many as you like! To make it easier for you to manage multiple GICs, you can create a nickname for each investment. Simply log in at wyth.ca or through the Wyth mobile app, then select Investments, choose the applicable investment, then use the edit icon to the right of the account name.
There are no fees to buy a GIC but make sure you read the Deposit Disclosure to understand what other types of fees are applicable.
Our rates on GICs are fixed. We do not offer variable interest rates at this time.
Any interest earned on a non-registered GIC is taxable in the year it is paid or compounded.
Sorry, but we don’t offer pre-authorized debits or contributions to GICs at this time.
How do I buy a GIC?
Open a HISA
Before buying a GIC, you first need to open a HISA and have the funds available in it for your GIC purchase. The HISA acts as an operational account to fund and manage maturity of your GIC.
Move money to the HISA
Move money to the HISA using Interac e-Transfer® or by linking your external account at another financial institution and making a transfer. Interac e-Transfer® is the fastest way to fund your HISA – you’ll have access to these funds within about 30 minutes – but there’s dollar limits per transfer. You can transfer larger amounts from your linked account at another financial institution but there will be a 7-day hold on these funds.
Purchase your GIC
Once the money is clear of the hold, you can make your GIC purchase.
Invest today, enjoy tomorrow
Getting started is fast and simple.
Still have questions? Reach out!
Rates are subject to change without notice.
Interest accrues on every dollar the day your account becomes active, subject to account limits. Interest is calculated daily on the total closing balance and is paid annually, on maturity or at the time of redemption. Interest rates are expressed annually as a percentage of the deposit and are guaranteed for the term of the deposit. No interest is earned on the maturity date. GIC terms of one year or longer, for interest calculation, the year is treated as 365 days for all and is compounded and/or paid annually.
Your deposits may be insurable by the Canada Deposit Insurance Corporation