Guaranteed to keep what’s invested plus interest, consider a GIC as part of your well-balanced portfolio.
The CDIC protects eligible deposits up to a maximum of $100,000 (principal and interest combined) per depositor per insured category. No need to sign up – Laurentian Bank is a CDIC member so coverage is free and automatic.1
Current interest rates1 as of January 18, 2019.
|ACCOUNT BALANCE||INTEREST RATE|
|$0 - $49,999.99||0.15%|
|$50,000.00 - $99,999.99||0.55%|
1 Rates as of January 18, 2019. All rates are subject to change at any time without prior notice. The applicable tier rate is paid on every dollar in the account. Interest rates are per annum. Interest is calculated daily on the closing balance and paid monthly on the last day of the month into the account.
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Rates & Fees
All term GICs are non-registered and non-redeemable.
For more information about LBC Digital GICs, call 1-866-249-1489.
3Rates as of November 27, 2019. All rates are subject to change at any time without prior notice. Interest rates are per annum. Interest is either compounded annually (paid at maturity) or paid annually to the LBC Digital account of your choice. Interest rates and initial investments are applicable for LBC Digital GICs purchased via onlinebanking.lbcfg.ca only.
At LBC Digital, we believe that all Canadians should have access to a financial professional because the right financial advice and a sound financial plan is vital for financial health.
1Laurentian Bank is a member of the CDIC. To be eligible for deposit insurance, deposits must be held in Canadian currency and payable in Canada. To find out more about deposit insurance from the CDIC, including what instruments and/or products are eligible for deposit insurance, visit cdic.ca or call 1-800-461-CDIC (2342). For a copy of the CDIC brochure Protecting Your Deposits, visit lbcdigital.ca.
2All GICs invested in via onlinebanking.lbcfg.ca are non-registered and non-redeemable.
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