Skip To Content

Standard GIC

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

About this account

  • Tiered rates start at $100K (meaning you will receive a higher interest rate the more you save)
  • Interest is paid annually and can be compounded (added to the GIC) or paid out to your account
  • Standard 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
Account Balance
Interest Rate
GIC (RRSP / RRIF / TFSA) Less than $100K 4.50%
$100K - $249,999 4.55%
$250K** and over 4.60%
24-month Less than $100K 4.60%
$100K - $249,999 4.65%
$250K** and over 4.70%
36-month Less than $100K 4.80%
$100K - $249,999 4.85%
$250K** and over 4.90%
48-month Less than $100K 4.85%
$100K - $249,999 4.90%
$250K** and over 4.95%
60-month Less than $100K 5.10%
$100K - $249,999 5.15%
$250K** and over 5.20%
Index-Linked GIC Variable Return
U.S. Dollar GIC
30-day 1.50%
60-day 1.65%
90-day 1.80%
12-month 3.00%
**Limits may apply.

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

Insights & Advice

Woman sitting outside smiling
Investing, Saving

Advice from an expert: Your retirement questions, answered

Read More
Couple sitting on a couch looking at a laptop
Investing, Saving

Your RRSP questions, answered

Read More
Woman sitting at the table with her laptop
Investing

You’ve said yes to being an executor. Now what?

Read More

Fancy swoop

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.