Give your savings a boost with up to †† interest. It's the smartest choice around.
A GIC (guaranteed investment certificate) is a type of savings investment where the money you deposit grows over time due to a fixed interest rate that's - you guessed it - guaranteed. This means there's no fluctuation. The longer the term you choose, the more your money will grow.
Not sure which term is right for you? Try different investment amounts and interest payment options to see how much your money can grow over various term lengths. There's no maximum but remember, the minimum is $1,000.
Interest Rate
3.75%
Interest Earned
$11
Total Return
$1011
3%
$15
$1015
3.6%
$36
$1036
$73
$1073
$112
$1112
$152
$1152
$193
$1193
4 Year Interest Rate
$11*
Total Investment
$1,011
6 Year Interest Rate
$15*
$1,015
1 Year Interest Rate
$36*
$1,036
2 Year Interest Rate
$73*
$1,073
3 Year Interest Rate
$112*
$1,112
$152*
$1,152
5 Year Interest Rate
$193*
$1,193
Tax-free growth, secure investment. Elevate your savings effortlessly.
Enjoy the peace of mind knowing that Saven offers the convenience of online transactions through our secure and easy to use platform.
Need more details? See our terms & conditions for this product.
InterestEarnedGroup[1]
Interest Rate: 3.75%
Interest Earned: $11
Total Return: $1011
Not Third index
InterestEarnedGroup[2]
Interest Rate: 3%
Interest Earned: $15
Total Return: $1015
InterestEarnedGroup[3]
Interest Rate: 3.6%
Interest Earned: $36
Total Return: $1036
Third index
InterestEarnedGroup[4]
Interest Earned: $73
Total Return: $1073
InterestEarnedGroup[5]
Interest Earned: $112
Total Return: $1112
InterestEarnedGroup[6]
Interest Earned: $152
Total Return: $1152
InterestEarnedGroup[7]
Interest Earned: $193
Total Return: $1193
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† High Interest Savings Account (HISA): Per annum rate. Rate subject to change at any time. Conditions apply. Interest is calculated daily and paid at the end of each month. No minimum deposit.
†† Guaranteed Investment Certificate (GIC): Rate applies to both registered and non-registered term. Minimum investment is $1,000. Non-redeemable. Per annum rates. Rates subject to change at any time. Conditions apply. For non-registered GIC, choice of interest payout annually to HISA or reinvest interest back in GIC account. For registered GICs, choice of interest payout annually to the same registered ISA or reinvest interest back in the same account.
¶ Contribution is pro-rated annually based on the value of deposits and amount of time they are held with Saven, to a maximum of 0.05% of deposits.