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.
About this account
Enjoy a competitive fixed interest rate with low risk and high reward
- Tiered rates start at $100K.
- Interest is paid annually and can be compounded (added to the GIC) or paid out to your account
- GICs are non-redeemable
- Available for personal, business, charity, and community account holders
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.*
GIC rates
Account
Account Balance
Interest Rate
| GIC (RRSP / RRIF / TFSA / FHSA) | ||
|---|---|---|
| 12-month | Less than $100K | 3.45% |
| $100K - $249,999 | 3.50% | |
| $250K** and over | 3.55% | |
| 24-month | Less than $100K | 3.45% |
| $100K - $249,999 | 3.50% | |
| $250K** and over | 3.55% | |
| 36-month | Less than $100K | 3.50% |
| $100K - $249,999 | 3.55% | |
| $250K** and over | 3.60% | |
| 48-month | Less than $100K | 3.55% |
| $100K - $249,999 | 3.60% | |
| $250K** and over | 3.65% | |
| 60-month | Less than $100K | 3.60% |
| $100K - $249,999 | 3.65% | |
| $250K** and over | 3.70% |
| Index-Linked GIC | Variable Return |
|---|
| U.S. Dollar GIC | ||
|---|---|---|
| 30-day | 2.80% | |
| 60-day | 2.85% | |
| 90-day | 2.90% | |
| 12-month | 4.00% |
GIC rates last updated September 5, 2025. Rates subject to change without notice.
**Limits may apply.
*Includes all savings and chequing accounts, RRSPs, RRIFs, TFSAs, and GICs.
Get started today
Tips & tools
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
GIC Explorer Guide
Read our GIC Explorer Guide and learn everything about GICs. What they are, how they work and how to make the most of your investment.
Read our GIC Explorer Guide
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
Insights & Advice
