Td canada trust market growth gics disclosure statement

GIC with higher APYs rose to the top of the list. Minimum deposit requirements of $10,000 or higher affected scores negatively. Investments with daily compounding interest schedules were scored higher than those with monthly or quarterly schedules. To appear on this list, the GIC must be nationally available.

Best TD GIC Rates in Canada for September 2024

Investors will be happy to learn that TD GIC rates are competitive. In addition to good rates, TD GIC interest rates are available in various investments, with different options for purchasing TD GICs.

Current GIC Rates at TD Bank*

Here are some of the current TD Bank GIC rate offers available:

Term GIC Type Interest Rate 1 to 29 days TD Short-term Cashable GIC 0.10% 30 days TD Non-Cashable Short-term GIC * 2.25% 30 to 59 days TD U.S. Dollar Term Deposits – Cashable 3.70% 60 days TD Non-Cashable Short-term GIC 2.50% 60 to 89 days TD U.S. Dollar Term Deposits – Cashable 3.80% 90 days TD Non-Cashable Short-term GIC 2.75% 90 days TD Premium Rate Business Non-Cashable GIC 3.50% 90 to 119 days TD U.S. Dollar Term Deposits – Cashable 3.85% 100 days TD Cashable GIC – Special Offer 4% 120 days TD Non-Cashable Short-term GIC 3% 120 to 179 days TD U.S. Dollar Term Deposits – Cashable 3.90% 180 days TD Non-Cashable Short-term GIC 3.25% 180 to 269 days TD U.S. Dollar Term Deposits – Cashable 3.95% 270 days TD Non-Cashable Short-term GIC 3.50% 270 to 369 days TD U.S. Dollar Term Deposits – Cashable 3.95% 1 year TD Non-Cashable Long-term GIC 4.15% 1 year TD 1 Year Cashable GIC 3% 1 year TD 1 Year U.S. Dollar Cashable GIC 3% 1 year TD U.S. Dollar Long-term GIC – Non-cashable 4.70% 14 month TD Special Offer GIC Non-Cashable 4.10% 18 month TD Special Offer GIC Non-Cashable 4.00% 2 year TD Non-Cashable Long-term GIC 3.80% 2 year TD International Student Cashable GIC 4.15% 2 year TD U.S. Dollar Long-term GIC – Non-cashable 4.10% 3 year TD Non-Cashable Long-term GIC 3.70% 3 year TD 3-year Premium Rate Cashable GIC 3.00% 3 year TD Canadian Banking & Utilities GIC 6% to 30% 3 year TD Canadian Banks GIC 9% to 22% 3 year TD U.S. Top 500 GIC 7% to 20%5 3 year TD U.S. Dollar Long-term GIC – Non-cashable 4.00% 4 year TD Non-Cashable Long-term GIC 3.70% 4 year TD U.S. Dollar Long-term GIC – Non-cashable 4.00% 5 year TD Non-Cashable Long-term GIC 3.70% 5 year TD 5-Year Stepper Cashable GIC 0.50% to 1.25% 5 year TD Canadian Banking & Utilities GIC 15% to 50% 5 year TD Canadian Banks GIC 17% to 32% 5 year TD U.S. Top 500 GIC 11% to 30% 5 year TD U.S. Dollar Long-term GIC – Non-cashable 4.00% Rates current as of September 9, 2024

* US$ Term Term Deposit $5,000 to $24,999.99. Other rates available for amounts greater than $25,000. Visit td.com for information.

Types of TD GICs

TD offers a variety of types of GICs, including:

• Cashable GICs: TD Cashable GICs are versatile investments, allowing investors to withdraw some or all of their funds with some rate terms and conditions relating. Investment terms for TD Cashable GICs range from 30 days to five years, are available in non-registered and registered accounts and come with competitive interest rates.
• Non-Cashable GICs: TD Non-Cashable GICs are GICs that lock in your investment until the term reaches maturity, with deposit terms spanning from 30 days to five years. Non-cashable GICs are available as registered and non-registered investments.
• Registered GICs: TD offers GICs held in tax-deferred accounts registered with the CRA, such as TFSA GICs and RRSP GICs. These types of accounts come with specific conditions and yearly contribution caps.
• Non-Registered GICs: TD Non-registered GICs are not registered with the CRA and require investors to pay tax on any interest earned but have no contribution limits.
• Market Growth GICs: TD’s Market Growth GICs are investments that grow depending on stock market performance. The principal invested in a TD Market Growth GIC is guaranteed. Often, Market Growth GICs yield a higher return with a minimum return rate guarantee, with return potentials going as high as 50%.
• Special Offer GICs: A TD Special Offer GIC is a GIC that comes with fixed-rate and competitive rates available in various registered and non-registered accounts. TD Special Offer GICs guarantee the principal and the interest earned by the end of the term.
• U.S. Dollar GICs: TD US Dollar GICs are GICs purchased using the United States Dollar while earning interest at a guaranteed rate. U.S. Dollar GICs at TD Bank are secure investments that offer terms of up to one-year.
• Joint GIC: A Joint GIC from TD Bank allows two or more people to purchase the same GIC or add additional investors to an existing GIC.

Terms and Conditions for TD GICs

TD GICs come with a unique set of terms and conditions. Here are some of the most important terms and conditions for TD GICs:

• Minimum Deposit Requirements: TD GICs require a minimum deposit of $500 or $1,000, depending on the type of GIC purchased.
• Early Withdrawal Penalties: There are no early withdrawal penalties for TD GICs, as withdrawals on non-redeemable GICs are not permitted before the end of the term.
• Renewal Options: TD offers automatic renewal options for their GICs. If the GIC is set for automatic renewal, TD’s terms and conditions outline that the investor automatically accepts the new terms and new confirmation.
• Conditions for Maximizing Returns: TD offers various GICs with the potential to earn higher interest than other GICs. These GICs usually come with specific conditions which often require a minimum term, such as a three-year or five-year investment, which requires investors to commit to a specific minimum term length.