Interest Rate
3.80%
Term
5 years
Minimum Deposit
CA$1,000
Promotion
N/A
Apply Now →on MCAN Wealth's website
Rate (APY):
3.80%
Term:
5 years
Promotion:
N/A
Minimum Deposit:
CA$1,000
MCAN Wealth offers a solid option for those seeking secure, fixed-rate investments. Their GICs are CDIC insured, providing an extra layer of security for investors looking for long-term growth.
Pros:
- CDIC insured
- Fixed-rate investments
Cons:
- Higher minimum deposit for brokers
- Non-redeemable
In summary, MCAN Wealth's GICs, with a competitive rate of 3.80% over a 5-year term and a minimum deposit of CA$1,000, are well-suited for conservative investors seeking a safe, reliable investment option with the added assurance of CDIC insurance. This makes them an attractive choice for anyone prioritizing long-term financial stability.