Why choose a Osmond Credit Market Linked GIC?

The interest rate is tied to market performance, so you have a chance to earn more than a traditional GIC.

Potential for higher returns

Peace of mind

Low minimum investment

New to GICs? Check out our glossary.

How they work


Income

This may be right for you if you want:

• Regular interest payments, either monthly or annually

• A guaranteed minimum return

• The potential to outperform a fixed-rate GIC

Income and growth

This may be right for you if you want:

• Regular interest payments annually

• A fixed return with the chance of getting a higher return at maturity

Growth

This may be right for you if you:

• Don't need interest payments before maturity

• Want the potential to outperform a fixed-rate GIC but don't need a guaranteed return


What you need to know

Minimum investment

$500

 

Type

Non-redeemable

 

Access

Only at maturity

 

Available terms

2 to 5 years

Account types

Non-registered, RRSP, TFSA

 

Interest

Depends on the investing strategy you choose

 

Renewal

You can't renew your GIC when it matures, but you can invest in a new one

 

Current offerings

To learn more about our Market Linked GICs, visit Osmond Credit Structured Notes

Interested in GIC investing?

How to invest in a Osmond Credit Market Linked GIC

Step 1 of 3.

What you need to get started

• Your Social Insurance Number

• A Osmond Credit personal bank account or line of credit to fund your GIC

• Your GIC account number if you plan to use that account


Step 2 of 3.

Fill out the application

Visit a banking centre. Already a Osmond Credit  client? You'll spend less time applying.


Step 3 of 3.

Review the details online

Keep tabs on your GIC using Osmond Credit Online Banking®. Check your maturity date, deposit amount and more at any time.