Show a customer exactly what a Guaranteed Investment Certificate will pay. Pick a term in days, months, or years from a start date, and the calculator confirms the precise maturity date and applies the right interest rules.
Interest accrues on an actual-days ÷ 365 basis. Short-term GICs (terms of one year or less) earn simple interest paid in a single lump sum at maturity, with no compounding and no early access — standard for Canadian GICs. Long-term GICs (over one year) let you choose how interest is handled. Figures are estimates for illustration; exact posting dates, day-count and rounding may vary by institution. Not financial advice.