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Special Offer TD GIC Rates in Canada as of February 2024

GICs stand for Guaranteed Income Certificates. In GIC rates, you have the flexibility to decide the duration of your investment, and after the term, you receive your initial investment along with the accrued interest.

In this article, we will discuss the current special offers for TD GIC rates.

Factors to Evaluate Before Investing in GICs

  1. Plan Type

You have the option to let your money grow either tax-deferred or tax-free by investing in a registered plan such as an RRSP or TFSA.

2. GIC Selection

Fixed-rate Guaranteed Investment Certificates (GICs ensure a set return for a designated period.

Equity-linked GICs offer returns tied to one or more stock market indices, providing potential for higher growth.

Foreign currency GICs and term deposits represent investments denominated in foreign currency.

3. Cashability

Opt for a cashable or redeemable GIC if you desire the flexibility to cash out before the end of the term.

4. Duration (Term)

You have the freedom to determine the duration of your investment—whether it’s for days, months, or years—based on your specific needs and investment objectives.

Generally, the longer the term, the greater the potential for earning more interest.

td gic rates

Current Best Offers for TD GIC Rates

TD provides a diverse selection of GICs and Term Deposits, allowing you to effortlessly select the one that aligns with your investment objectives.

All interest rates for GICs and Term Deposits are expressed on an annual basis unless stated otherwise.

GIC TypeTermInterest Rate
TD Special Offer GICs100 days4% per year
TD Special Offer GICs14 months5.15% per year
TD Canadian Banking & Utilities GIC5 years50% over the term
TD 1-Year Cashable GIC1 year3% per year
TD Premium business Rate GIC90 days3.50%
TD GIC Rates

TD Cashable GIC Rates

GIC TypeTermInterest RateAmount
TD Cashable non-registered, RSP & TFSA 100 days4% Less than $10,000
TD Cashable FHSA100 days5.25% Less than $10,000
TD Premium Rate Cashable non-registered, RSP & TFSA 3 years3.50%All amounts
TD Cashable non-registered, RSP, TFSA, RIF & RESP1 year3%
TD Cashable FHSA1 year3%
TD Short-term Cashable non-registered & TFSA1-29 days0.10%
TD Cashable International2 yerars4.90%
TD GIC Rates

TD Market Growing GIC Rates

GIC TypeTermInterest RateAccounts
TD Canadian Banking & Utilities GIC3 years6%Non-registered & registered (RSP, FHSA, TFSA, RIF & RESP
TD Canadian Banking & Utilities GIC5 years12%Non-registered & registered (RSP, FHSA, TFSA, RIF & RESP
TD Canadian Banks3 years10%Non-registered & registered (RSP, FHSA, TFSA, RIF & RESP
TD Canadian Banks5 years20%Non-registered & registered (RSP, FHSA, TFSA, RIF & RESP
TD US Top 500 GIC3 years7.50%Non-registered & registered (RSP, FHSA, TFSA, RIF & RESP
TD US Top 500 GIC5 years12%Non-registered & registered (RSP, FHSA, TFSA, RIF & RESP
TD GIC Rates

TD Non-Cashable GIC Rates: Short-Term

GIC TypeTermInterest Rate
TD Non-Cashable non-registered, RSP, TFSA, RIF & RESP14 months5.15%
TD Non-Cashable non-registered, RSP, TFSA, RIF & RESP15 months0.25%
TD Non-Cashable non-registered, RSP, TFSA,RIF & RESP18 months5.05%
TD Non-Cashable FHSA14 months5.60%
TD Non-Cashable non-registered & TFSA30 days2.25%
TD Non-Cashable non-registered & TFSA60 days2.50%
TD Non-Cashable non-registered, RSP, TFSA, RIF & RESP90 days2.75%
TD Non-Cashable non-registered, RSP, TFSA, RIF & RESP120 days3%
TD Non-Cashable non-registered, RSP, TFSA, RIF & RESP180 days3.25%
TD Non-Cashable non-registered, RSP, TFSA, RIF & RESP270 days3.50%
TD GIC Rates

TD Non-Cashable GIC Rates: Long-Term

GIC TypeTermInterest Rate
TD Non-Cashable non-registered, RSP, FHSA, TFSA, RIF & RESP1 years5.25%
TD Non-Cashable non-registered, RSP, FHSA, TFSA, RIF & RESP2 years4.80%
TD Non-Cashable non-registered, RSP, FHSA, TFSA, RIF & RESP3 years4.55%
TD Non-Cashable non-registered, RSP, FHSA, TFSA, RIF & RESP4 years4.40%
TD Non-Cashable non-registered, RSP, FHSA, TFSA, RIF & RESP5 years4.30%
TD GIC Rates

Categories of TD Bank GICs

TD Bank offers a variety of GIC types, each featuring distinct interest rates, available terms, and options, ensuring you can easily find one that aligns with your financial goals.

  1. Market Growth GICs: Your earned interest is tied to market performance, with the reassurance of a guaranteed principal investment at a minimum TD GIC rate.
  2. TD Special Offer GICs: These fixed-rate GICs boast competitive rates and offer the convenience of automatic renewal.
  3. Cashable GICs: Access your funds at any time with cashable GICs while enjoying a guaranteed return on your investment.
  4. Non-Cashable GICs: Opt for non-cashable GICs if you’re willing to commit your funds for a specified term, as these come with higher interest rates.
  5. TD U.S. Dollar GICs & Term Deposits: Purchase U.S. dollar GICs in a non-registered account with TD for added flexibility.