2-Year GIC

3.60% AER · fixed rate

Min. Deposit: No minimum
Term: 2 years
Protection: CDIC Coverage

What $25,000.00 Earns You

At 3.60% AER over 2 years. Take the interest once a year, or leave it in to compound.

You Deposit	$25,000.00
Paid Once a Year	$900.00
Total Interest	$1,800.00
Balance at the End	$25,900.00

Each $900.00 interest payment is paid to you directly, and $1,800.00 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	$1,832.40
Balance at the End	$26,832.40

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 $1,832.40 interest.

Where You Stand

CDIC Coverage

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

Product Details

Type: GIC
Term: 2 years
How Interest Is Paid: Once a year Left to compound
Min. Deposit: No minimum
Protection: CDIC Coverage
Coverage: $100,000.00
Region: Canada

Eligibility & Details

Non-registered GIC.
Verify current rate on Tangerine site.

Happy Saver is a comparison site, not a financial adviser. Figures use a $25,000.00 example at 3.60% over 2 years, compounded annually where shown. Confirm all terms with Tangerine before you commit.