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High Interest Savings & GICs

Maximize your savings with our market-leading interest rates.

Hand holding smartphone displaying Achieva Financial app with adjustable investment amount and term-based rate and estimated interest table.
4.05
%
The 5 Year GIC

GIC Rates

All deposits guaranteed without limit by the Deposit Guarantee Corporation of Manitoba.
*All rates and conditions subject to change without notice.
In the GIC market, smaller CDIC or provincial institutions continue to set the pace… Achieva Financial maintains top rates...
– The Globe and Mail

Secure returns. Flexible options.

Saving with Achieva Financial is always easy to access, safe and secure.

Earn a higher return with GIC Laddering

Take the guesswork out of timing the interest rate market. Use the GIC Laddering Strategy to continuously invest at the highest interest rate available.
1. Separate the funds you want to invest into 5 equal amounts.


Invest 1/5 of your investment total in each of : 1 year GIC, 2 year GIC, 3 year GIC, 4 year GIC and 5 year GIC.

This is what your GIC investment portfolio will look like in Year 1:
1 Year GIC
3.6
%
2 Year GIC
3.65
%
3 Year GIC
3.7
%
4 Year GIC
3.75
%
5 Year GIC
4.05
%
2. Each year, one GIC matures and you reinvest the total in a 5 year GIC.

This ensures that you are consistently investing in the highest GIC rate (i.e. 5 year term) and that you have funds maturing every year in case you need the funds.

By laddering your GICs:
1

You are continuously investing in the highest GIC rate available, which will increase the return on your savings. Over time, you will earn a higher average rate of return than if you continuously invested in 1 Year GICs, for example

2

Your investment is guaranteed and your interest rate is fixed. This means you’ll know precisely how much interest you will earn and the GIC is guaranteed with limit by the Deposit Guarantee Corporation of Manitoba.

3

You will have one GIC maturing every year, providing you with liquid funds in case you need.

GIC Interest

GIC interest rates quoted are per annum, with interest calculated and paid on each 12 month anniversary date, and at maturity. Interest rates are guaranteed for the duration of the specified term. GICs are not redeemable prior to maturity.

GIC Interest

GIC interest rates quoted are per annum, with interest calculated and paid on each 12 month anniversary date, and at maturity. Interest rates are guaranteed for the duration of the specified term. GICs are not redeemable prior to maturity.

Non-Registered

The interest rate shown applies to all non-registered Daily Interest Savings Accounts.

Registered

The interest rate shown applies to all registered TFSAs, RRSPs and RRIFs.

Rate Title

Rate
Effective: 
Date
Secure your savings with confidence.

Purchase GIC

A Guaranteed Investment Certificate (GIC) is simple to purchase and you’ll earn a higher return than your Savings Account.

Estimated Interest

Estimated payment for illustration purposes only.

In the estimated interest calculation, we assume the following: (i) the stated interest rate remains constant throughout the term; (ii) interest is calculated on the investment amount without additional deposits or withdrawals; and (iii) interest is paid at the end of the term. Actual interest earned may differ and will be determined at the time of signing the GIC Agreement.