Term deposits & GICs

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 investing

Use term deposits to save cash that you don’t need to use now, but are likely to use within the next 5 years.

You’re investing in us

These deposits help fund loans and mortgages used to sustain our neighbourhoods and local businesses.

Choose a term deposit.

How do I pick? Think about how long you can put away your money and how much access you’ll need. Cashable and escalating deposits have the most flexibility while non-redeemables may provide better rates.

A higher interest rate every year.

Freedom to withdraw at select times

Start investing with $500
Invest up to 5 years
For non-registered accounts or TFSA

Learn more

Our most flexible term deposit.

30 or 90 day lockout

Start investing with $500
Invest up to 1 year
For non-registered accounts, TFSA (30 day lockout only)

Learn more

Invest without locking in.

Invest for 1 to 5 years

Start investing with $500
For non-registered accounts

Learn more

Lock in your cash and earn more.

Invest for 1 to 5 years

Start investing with $100
For non-registered accounts, TFSA, RRSP, RRIF, RESP, RDSP

Learn more

Meet your contributions in time.

Convertible at any time

Start investing with $500
For RRSP, RRIF

Learn more

Earn and avoid exchange rate fluctuations.

Invest for 30 to 364 days

Start investing with $5,000
For non-registered accounts

Learn more

Earn more than your savings account.

Invest for 30 to 364 days

Start investing with $5,000
For non-registered accounts

Learn more

Market-linked returns with this ESG-screened portfolio.

Invest for 3 or 5 years

Start investing with $1,000
For non-registered accounts, TFSA, RRSP, RRIF

Learn more

Get more out of your money.

Unbiased advice
‍Our wealth planners are here for your best interest. Sharing knowledge about finances so you can make the right decisions for you is our goal.

360° advice and guidance
‍We look at your big picture, life-stage, tax guidance, retirement planning, and investment strategies to help you plan your financial future.

Alternative ways to invest
‍If you’d rather invest on your own online, we offer online investing tools. For large investment portfolios, we also offer discretionary fund management.

Book an appointment

Featured member: Fabcycle

At Vancity, 30% of profits go to change-making initiatives, and your deposits help support local businesses like Fabcycle, a fabric seller that gives textiles waste a new life.

Learn more about our values

View legal details

Your deposits are 100% guaranteed
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:

Term deposits / GICs

Low-risk investing that does good.

Featured rates.

4.75%^‡

4.75%^‡

4.50%

What's a term deposit?

Guaranteed return

For short to medium-term investing

You’re investing in us

Choose a term deposit.

Escalating

Cashable

Long-term redeemable

Non-redeemable

RRSP/RRIF convertible

US dollar redeemable

Short-term redeemable

Planet-Wise™ Index-linked

Get more out of your money.

Featured member: Fabcycle

Term deposits / GICs

Low-risk investing that does good.

Featured rates.

4.75%‡

4.75%‡

4.50%

What's a term deposit?

Guaranteed return

For short to medium-term investing

You’re investing in us

Choose a term deposit.

Escalating

Cashable

Long-term redeemable

Non-redeemable

RRSP/RRIF convertible

US dollar redeemable

Short-term redeemable

Planet-Wise™ Index-linked

Get more out of your money.

Featured member: Fabcycle

4.75%^‡

4.75%^‡