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
5.4%
Interest Earned
$54
Total Return
$1054
5.3%
$109
$1109
4.9%
$154
$1154
4.75%
$204
$1204
4.65%
$255
$1255
1 Year Interest Rate
$54*
Total Investment
$1,054
2 Year Interest Rate
$109*
$1,109
3 Year Interest Rate
$154*
$1,154
4 Year Interest Rate
$204*
$1,204
5 Year Interest Rate
$255*
$1,255
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: 5.4%
Interest Earned: $54
Total Return: $1054
Not Third index
InterestEarnedGroup[2]
Interest Rate: 5.3%
Interest Earned: $109
Total Return: $1109
InterestEarnedGroup[3]
Interest Rate: 4.9%
Interest Earned: $154
Total Return: $1154
Third index
InterestEarnedGroup[4]
Interest Rate: 4.75%
Interest Earned: $204
Total Return: $1204
InterestEarnedGroup[5]
Interest Rate: 4.65%
Interest Earned: $255
Total Return: $1255
ALREADY A MEMBER? CLICK HERE TO LOG IN TO SAVEN ONLINE BANKING.
Download it now!
Your smartphone must be updated to the latest version of iOS or Android OS (or up to two earlier versions).
Biometrics must be set up on your smartphone before you download the app.
Saven Financial is a division of FirstOntario Credit Union.
Copyright © Saven Financial
† High Interest Savings Account (HISA) and High Interest Tax-Free Savings Account (TFSA): 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): 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.
§ The Saven Financial First Home Savings Account ("Saven FHSA") Introductory Interest Rate is available between November 26, 2023 and April 1, 2024, exclusively (the "Introductory Period"). You can earn a special annual interest rate of 6.00% calculated daily and paid monthly during the Introductory Period on cash deposits to your first Saven FHSA. To accept this offer, you must open a Saven FHSA during the Introductory Period and make a deposit to your eligible Saven FHSA during the Introductory Period. This offer is available to new and existing members who are eligible for a First Home Savings Account and is subject to change without notice. Consult your tax advisor for eligibility criteria, features and tax implication.
¶ 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.