Skip To Content

Standard GIC

Who said there are no guarantees in life? Choose a term length that works for you and earn a guaranteed rate of return.

Save more with a 20-month 5.60% GIC special

Whether you take advantage of our limited-time specials or our standard terms, get the most from your money with our GICs.

  • Tiered rates start at $100K, except specials.
  • Interest is paid annually and can be compounded (added to the GIC) or paid out to your account
  • GICs are non-redeemable

Standard GIC features you’re sure to enjoy

Save on your terms

Choose from convenient 1- to 5-year terms with a minimum investment of $500.

Deposit more, earn more

Maximize your savings with tiered rates paid on your entire balance.

Your savings are protected

At SCU, all deposits are guaranteed 100% by the Deposit Guarantee Corporation of Manitoba.*

Tips & tools

Money flower icon

Smart tip: Plan for tax efficiency

Enjoy the tax advantages that come with putting your GIC in a Tax-Free Savings Account (TFSA).
Learn more about TFSAs
Piggy bank icon

Learn how to make the most of your GIC

Read our guide for information about what they are, how they work and how to make the most of your investment.
Read our GIC guide
Lightbulb icon

Receive investing advice

Our Insights & Advice page includes plenty of great articles to help you make the most of your investments.
Read our investing articles

GIC rates

Account Balance
Interest Rate
12-month Less than $100K 5.30%
$100K - $249,999 5.35%
$250K** and over 5.40%
20-month Special Special Rate 5.60%
24-month Less than $100K 5.30%
$100K - $249,999 5.35%
$250K** and over 5.40%
36-month Less than $100K 5.10%
$100K - $249,999 5.15%
$250K** and over 5.20%
38-month Special Special Rate 5.40%
48-month Less than $100K 5.00%
$100K - $249,999 5.05%
$250K** and over 5.10%
60-month Less than $100K 5.00%
$100K - $249,999 5.05%
$250K** and over 5.10%
U.S. Dollar GIC 2.80%
60-day 2.85%
90-day 2.90%
12-month 4.00%
Rates last updated September 11, 2023. Rates subject to change without notice. **Limits may apply.

*Includes all savings and chequing accounts, RRSPs, RRIFs, TFSAs, and GICs.

Insights & Advice

Couple sitting in a kitchen talking
Investing, Saving

HISA and GIC: A great savings combo

Read More
Man and woman sitting at kitchen table looking at a computer
Investing, Saving

Advice from an expert: Planning your retirement

Read More
Woman sitting outside smiling
Investing, Saving

Advice from an expert: Your retirement questions, answered

Read More

Journey lineJourney line

Get advice

Please fill out this form to submit your questions/comment or you could contact our Member Contact Centre at our toll-free number

Cookie Consent

We use cookies on our site to improve your experience.