Get high interest rates with business GIC terms of 1 to 5 years
Confident you won’t need to access some of your excess cash for a while? Choose a term of 1, 2, 3, 4 or 5 years and enjoy a high interest rate with a long-term business GIC. You cannot redeem early, but you can set up monthly, semi-annual or annual interest payments.
Our long-term business GICs let you:
- Protect your principal
- Guarantee your interest rate for 1 to 5 years
- Enjoy higher rates than a short-term depositt
Are our long-term business GICs right for you?
Yes, if you:
- Have $2,500 or more to invest
- Want a secure, protected investment
Benefits of a long-term GIC
In addition to the standard benefits of our GICs you also;
Our long-term business GIC offers a competitive interest rate on all your money
Long-term business GICs
These rates apply to deposits up to $2 million. To find out the rates for deposits over $2 million, please call us at 1-877-765-2265.
1 Interest paid annually, semi-annually or monthly is only available within for non-registered money. You cannot redeem a long-term GIC before maturity, except upon death. The minimum investment is $2,500 ($10,000 for monthly interest payments).Interest is calculated daily on the total daily balance and paid monthly. Rates are subject to change without notice. If you want to receive monthly interest payments, the minimum investment is $10,000.
Manulife Bank is a member of the Canada Deposit Insurance Corporation (CDIC), which means your deposits are eligible for CDIC deposit insurance protection. Visit cdic.ca for information on eligible deposits.
Ask your advisor or call us to set up regular interest payments when you invest in a new long-term business GIC. You can choose to have your interest compound annually, or receive annual, semi-annual or monthly interest payments
Yes, the minimum investment is $2,500 ($10,000 for monthly interest payments).
No, the only time a long-term business GIC can be redeemed before the maturity date is upon death.
Get extra flexibility when you invest in a business short-term GIC
If you think you might need to access your excess cash during the next year, consider a business short-term deposit. Choose a term between 30 and 364 days, with the option to redeem before the maturity date (fees apply).
Invest with even more flexibility in a Business Advantage Account
Get a high interest rate and complete flexibility to access your excess cash whenever you want with a Business Advantage Account. Available in Canadian or US dollars, the Business Advantage Account makes it easy to move money into and out of your operating account.