Home > Finance > Best GIC Rates

Best GIC Rates

February 14th, 2011

Financial institutions offers many new outlooks to managing your finances. Bringing a different approach than traditional financial institutions, Modren finance offers banking services through various technologies you already use, such as: telephone banking, Internet banking, ATMs and mail.

A Registered Retirement Savings Plan, or RRSP, is as it sounds: a savings plan meant to maximize your retirement income that also includes income tax incentives. This makes it the most attractive investment choice for Canadians. In addition to retirement, RRSPs can also be used to help with two of the most important long-term personal investments you can ever make: buying your first home or paying for education.

Setting up and contributing to an RRSP is easier than ever before. We offer both RRSP Cashable GICs, or flexible RRSP High-Interest Savings Accounts. RRSP Cashable GICs bring 100% guaranteed RRSP deposits and interest without limit. RRSP High-Interest Savings Accounts are also 100% guaranteed without limit, and can be transferred to your RRSP Cashable GIC to earn even greater returns.

Guaranteed Investment Certificates, or GICs, are term deposits made for a particular period of time, and bring a fixed rate of interest that is unaffected by fluctuations in market rates. Outlook Financial GICs offer the added security of knowing your interest and deposits are both 100% guaranteed without limit, and, of course, offer competitive rates. Outlook Financial’s GICs are cashable, so you’re secure in knowing you have the money if you really need it. You can even make partial withdrawals from your GIC. In addition, Outlook Financial GICs are available for a variety of different savings plans, such as RRSPs, RRIFs, and TFSAs.

GICs are a popular investment option when getting a return on your investment is important. The set time period of investment, usually 1 to 5 years, combined with a guaranteed interest rate, mean that you know what you’re getting, and when you’re getting it. As opposed to most other financial institutions, GICs are guaranteed without limit for 100% of the deposit and interest, so your investments are worry-free.

Visit Best GIC Rates for More Information 

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • blinkbits
  • BlinkList
  • De.lirio.us
  • Fark
  • Fleck
  • Furl
  • LinkedIn
  • Live
  • Ma.gnolia
  • MySpace
  • Propeller
  • description
  • Simpy
  • Spurl
  • StumbleUpon
  • Technorati
  • ThisNext
  • TwitThis
  • Yahoo! Buzz
  • YahooMyWeb
  • Yigg

Finance

Comments are closed.