If you’re looking to maximize your savings for a year or more, Guaranteed Investment Certificates (GICs) are the best way for you to receive Achieva's highest interest rates available without risk.
Achieva GICs offer a secure investment option, allowing you to invest a lump sum of money for 1 to 5 years at a guaranteed interest rate. You can choose to let your interest earnings compound over the length of the term, or have your interest paid annually to your Daily Interest Savings Account. Because both your principal and your interest rate are guaranteed, you can have full confidence that your savings will grow, and will be there when you need them.
When your GIC matures, Achieva offers you the flexibility to reinvest these funds in a new GIC, or have them deposited to a Daily Interest Savings Account.