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GICs Rates

Guaranteed Investment Certificates (GICs) provide a reliable source of income and are a great way to get closer to your financial goals. With competitive fixed interest rates, you can rest assured that your funds are invested safely and securely regardless of stock market fluctuations.
See Available Rates

GICs Rates

TERM*ANNUAL INTERESTTFSARRSPRRIF
1 Year3.90%3.90%3.90%3.90%
2 Year3.80%3.80%3.80%3.80%
3 Year3.80%3.80%3.80%3.80%
4 Year3.65%3.65%3.65%3.65%
5 Year3.65%3.65%3.65%3.65%

*Rates may be available for self-directed TFSA, RRSP, RRIF accounts. Please call us for details.

*Rates are subject to change.

*Special GIC rates for amount over $ 25,000. Please call us for details.

Request a call with a GIC Advisor

Complete the form and we’ll call you back within one business day.

Why a GIC with Rothenberg & Rothenberg?

The best GIC rates on the market with no hidden fees
Competitive Interest Rates

We shop over 20 financial institutions on a daily basis and find the best GIC rates for our clients.

Eligible for Insurance Coverage

We are a broker for Banks, Trust companies and Credit Unions covered by CDIC or provincial insurance coverage.

A PROVEN TRACK RECORD

Since 1979, we have helped thousands of Canadians generate income and grow their savings.

Our GIC Representatives

TINA PATEL
GIC Department Coordinator – Westmount

Tina Patel is the GIC Department Coordinator at our Westmount office. To contact Tina, please call:

514.934.0586

TANUJA NEENOOTH
GIC Representative, South Shore

Tanuja Neenooth is the GIC Representative at our South Shore office. To contact Tanuja, please call:

450.321.0001

Margaret Hubscher
GIC Administrator, West Island

Margaret Hubscher is the GIC Administrator at our West Island office. To contact Margaret, please call:

514.697.0035

Frequently Asked Questions

WHAT IS A GIC (GUARANTEED INVESTMENT CERTIFICATE)?

A guaranteed investment certificate (GIC) is a security issued by a financial institution certifying that a certain amount of money (i.e. the deposit) has been invested at a certain interest rate for a given period or time (i.e. the term) and will yield a specific amount (i.e. the final return). Terms can range from as little as 30 days to as long as 1-, 2-, 3-, 4- or 5-years. Typically, your money is ‘locked-in,’ which means you don’t have access to it until the GIC matures. Depending on the GIC, you may be paid interest on a monthly, semi-annual, or yearly basis or upon maturity. Upon maturity, you receive your deposit back in full.

ARE MY GICS INSURED?

GICs are protected by either Canada Deposit Insurance Corporation (CDIC) to a maximum of $100,000 per Bank or Trust company or Credit Unions covered by provincial insurance up to $250,000 for each of the following categories:

  • Deposits held in one name
  • Deposits held in more than one name
  • Deposits held in a Registered Retirement Savings Plan (RRSP)
  • Deposits held in a Registered Retirement Income Fund (RRIF)
  • Deposits held in a Tax-Free Savings Account (TFSA)
  • And others, please visit How deposit insurance works – cdic.ca for more details
WHY SHOULD I GET A GIC WITH ROTHENBERG & ROTHENBERG?

Rothenberg & Rothenberg shops across Canada for the best GIC rates for non-registered and registered RRSPs, RRIFs and TFSAs. R&R is the middleman between clients and the financial institutions that Rothenberg & Rothenberg represents. The GIC investments are held under the client’s name.

WHAT FEES DO YOU CHARGE FOR YOUR SERVICES?

Rothenberg & Rothenberg does not charge any fees to open, maintain or close your GIC account. However, in the event of an estate settlement, the client’s executor has the option to settle the estate on their own, hire a notary or use Rothenberg & Rothenberg’s estate services to settle the estate. A fee of $175 per financial institution will be charged should the client’s executors choose to use Rothenberg & Rothenberg to settle the estate, but they are under no obligation to do so.

HOW DOES ROTHENBERG & ROTHENBERG GET REMUNERATED?

No hidden fees are charged to the client. Rothenberg & Rothenberg gets paid a percentage commission based on the dollar amounts of a GIC that has been referred to each financial institution.

WHAT HAPPENS TO MY GIC(S) IF ROTHENBERG & ROTHENBERG OR THE FINANCIAL INSTITUTION I HAVE MY GICS WITH GOES BANKRUPT?

If Rothenberg & Rothenberg goes bankrupt, clients can go the financial institutions to get their funds. If a financial institution goes bankrupt, Rothenberg & Rothenberg is there to service you and will take care of getting your money from the bank or trust that CDIC will appoint.

WHAT IS DEPOSIT BROKER’S SERVICES INC. (DBS)?

Rothenberg & Rothenberg deals with Deposit Brokers Services Inc (DBS) and uses its computer system and back office for GIC or sub-agent services. R&R places GIC with certain Banks and Trust companies through DBS.

WHEN WAS YOUR FIRM FOUNDED?

Jack Rothenberg founded Rothenberg & Rothenberg in 1979. His son, Robert Rothenberg, is now the firm’s CEO.

Contact Us

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