About Escalating Rate GIC Account
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About the Escalating Rate GIC Account

A GIC investment that provides you with increasing interest rates each year.
Key Features
  • Guaranteed increasing rates for each year of the term.
  • Very attractive interest rates for the final years of the term.
  • Interest will compound to maturity.
  • Cashable in whole or in part, at any time*.
  • Terms of three or five years.
How You Benefit
  • Regardless of whether interest rates rise or fall, the rate on your Escalating GIC investment is guaranteed to increase during each year of the term.
  • You can lock-in now to guarantee higher interest rates in later years.
  • Your funds are available to you at any time -- when you need them*.

*Surrender charges may apply if withdrawals are made prior to the maturity date. Withdrawals may be subject to legislative or contract restrictions. Additional information is available from your advisor.





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