GIC Calculator
Calculate investment returns with a fixed interest rate. Compare results with and without compounding to see how money grows over time.
Calculate now
Escalating Rate GIC Calculator
Calculate returns on GICs with rates that increase over time. Enter different rates for each period to see total earnings.
Calculate now
Understanding GIC Returns
Interest Paid Out
Interest is paid to the investor each period rather than reinvested. Unless rate are escalating, earnings stay the same each period based on the initial principal.
Compound Interest
Interest is calculated on both the principal and previously earned interest. Money grows faster as interest compounds over time.