3-Year Non-Registered GIC

3.70% AER · fixed rate

Min. Deposit: $1,000.00
Term: 3 years
Protection: CDIC Coverage

What $25,000.00 Earns You

At 3.70% AER over 3 years. Take the interest once a year, or leave it in to compound.

You Deposit	$25,000.00
Paid Once a Year	$925.00
Total Interest	$2,775.00
Balance at the End	$25,925.00

Each $925.00 interest payment is paid to you directly, and $2,775.00 is what they add up to over the term. The figure at the end is your initial investment of $25,000.00 paid back plus your final interest payment.

You Deposit	$25,000.00
Total Interest	$2,878.94
Balance at the End	$27,878.94

No interest is paid out to you during the investment period, so your final return will include your initial investment of $25,000.00 plus $2,878.94 interest.

Where You Stand

CDIC Coverage

Covered up to $100,000.00 per person if Oaken Financial fails.

Product Details

Type: GIC
Term: 3 years
How Interest Is Paid: Once a year Left to compound
Min. Deposit: $1,000.00
Protection: CDIC Coverage
Coverage: $100,000.00
Region: Canada

Eligibility & Details

Non-redeemable.
CDIC eligible via Home Bank or Home Trust Company.

Happy Saver is a comparison site, not a financial adviser. Figures use a $25,000.00 example at 3.70% over 3 years, compounded annually where shown. Confirm all terms with Oaken Financial before you commit.