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