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The Scotiabank Student GIC Program allows students to invest from $20,835 CAD to $50,000 CAD. Here's an example of how it works: Wire transfer $20,835 CAD† to Scotiabank in Canada. $20,635 CAD will be deposited into your Scotiabank Investment Account and $200 CAD will pay for the program fee.
Why choose a Scotiabank GIC? When you invest in a GIC you’re guaranteed to get your principal investment amount back. Plus, traditional GICs offer a fixed interest rate so you know how much you’ll earn. See our GIC rates. Featured GIC Rates. 1 of 2. 3.00%1. On a 24-month term. (annual rate) Personal Redeemable GICs. 3.60%1. On a 18-month term.
When you apply for the Scotiabank Student GIC Program, we will open a Scotia Investment Account for you before you arrive in Canada. General information about this account is provided below and in the Investment Companion Booklet: Starting Your Scotia Investments. Setting Up and Funding Your Scotia Investment Account.
View current/latest interest rates for cashable, non-redeemable, accelerated, laddered and stock-indexed guaranteed investment certificates (GIC).
APPLY ONLINE. Please review all sections below thoroughly before submitting your application. I. Applying for the Scotiabank Student GIC Program. Ready to apply? What you need to know first. THE PROCESS. It’s online, it’s quick, and it’s easy! Once you submit your completed application online, we will send you a secure email within a few minutes.
GICs enable you to match your investment needs while supplementing your income by offering the ability to receive interest payments either annually, semi-annually, monthly or in compound form. Explore all of your options from both Scotia iTRADE and third party providers.
Aug 4, 2023 · A Guaranteed Investment Certificate (GIC) is an investment product that keeps your principal investment safe and has a guaranteed rate of return. Visit the GICs page on our website to learn more.
