COVID-19 Update: Contacting us COVID-19 – The health and safety of our customers and employees is a top priority...learn more

COVID-19 Update: Contacting usCOVID-19 – The health and safety of our customers and employees is a top priority...learn more

Non-registered GICs

Guaranteed Investment Certificates (GIC) provide a secure option when it comes to your savings. Your principal and interest rate are guaranteed, so you know your money will be there when you need it.

Choice, flexibility and security with non-registered GICs

At Oaken, we offer several different types of GICs, so it’s easy to find one that’s just right for you. Here’s what you can expect with an Oaken GIC:

Is a GIC right for you?

Because GICs offer a range of benefits and options, just about anyone can consider them as part of their savings and investment plan. Here are some questions you can ask yourself if you’re not sure whether they’re the right fit for you:

What are you trying to do?How we can help
I’m saving for a specific short-term goalOur short-term GICs range from 30-365 days. Choose a cashable GIC for extra flexibility.
I’m saving for a long-term goal, like retirementOur long-term GICs range from 1-5 years, and offer some of the best rates available.
I’m just saving – not sure what for yetOur cashable GIC options let you access your money when you need it – whenever that might be – from as early as 30 days.
I’ve maximized my RSP and/or TFSA contribution room, and need somewhere to put my extra savingsDeposits up to $100,000 are covered by the Canada Deposit Insurance Corporation (CDIC), so your extra savings will always be protected.
I have money in other higher-risk investmentsThe security of our non-registered GICs provide a great complement to any investment portfolio.
I’m retired and want to have control over my savingsOur Retirement Income Fund (RIF) gives you the flexibility and control you’re looking for. As long as you withdraw your yearly minimum, you can take as much or as little as you want to fund your retirement, your way. You can also make adjustments to your RIF payments whenever you need to.

Ready to get started?