Term deposits / GICs
Low-risk investing that grows healthy communities.
2.95%‡
Limited time offer
1 year non-redeemable
Exclusive on new deposits to registered accounts.
3.25%‡
Promotional rate
3 year non-redeemable
Grow your savings faster with registered accounts.
3.10%‡
Limited time offer
1 year registered impact term deposit
Earn competitive returns and support community impact initiatives.
What’s a term deposit?
A term deposit, also known as a guaranteed investment certificate (GIC), is a low-risk investment that earns interest.
Guaranteed return
Deposit your money for a set amount of time and you’ll earn interest based on an agreed rate or condition. Unlike a savings account where the rate may change.
For short- to medium-term goals
Use term deposits to save cash that you don’t need to use now but will likely use within the next 5 years.
Responsible investing
These deposits help fund loans and mortgages used to sustain our neighbourhoods and local businesses.
Our term deposits.
To pick a term deposit, choose a term length that aligns with your financial goals and consider if you’ll need to access your money during the term.
Escalating
- Start investing with $500
- Invest up to 5 years
- For non-registered accounts or TFSA
- For FHSA (3-year only)
Impact™ term deposit
- Start investing with $500
- For non-registered accounts, business accounts, RRSP², TFSA, and RRIF
Cashable
- Start investing with $500
- Invest up to 1 year
- For non-registered accounts, TFSA, and FHSA (30-day lockout only)
Long-term redeemable
- Start investing with $500
- For non-registered accounts
Non-redeemable
- Start investing with $100
- For non-registered accounts, TFSA, RRSP, FHSA, RRIF, RESP, RDSP
RRSP/RRIF convertible
- Start investing with $500
- For RRSP or RIIF
US dollar redeemable
- Start investing with $5,000
- For non-registered accounts
Planet-Wise™ index-linked
- Start investing with $1,000
- For non-registered accounts, TFSA, RRSP, RRIF
Finance without the fuss.
Our wealth planners share unbiased advice, so you make decisions that are right for you. We look at your big picture, life-stage, tax guidance, retirement planning, and investment strategies to help you plan your financial future.
Discover other ways to invest.
Your deposits in this account are 100% protected by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC).
Vancity is a BC Financial Services Authority authorized credit union and is covered by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC). To find out more about this coverage, visit the CUDIC website or ask us for more details.
Rate is subject to change or may be withdrawn without notice at any time. Terms and Conditions for each term deposit apply: