5 Benefits of Guaranteed Investment Certificates

Guaranteed Investment Certificates provide customers with guaranteed returns and proper interest rates over an agreed period of time. They are divided into three i.e. cashable GICs in which money can be cashed at any time based on the time agreed upon by the financial institution. Non-redeemable GICs are those in which the money cannot be withdrawn until maturity. Lastly, index-linked GICs are those linked to the stock market. The best GIC rates include the following benefits: