For example, if you are saving for a new car, a Cashable or Personal Redeemable GIC is a better choice because you have the flexibility to redeem your cash anytime. In general, less access to your funds will mean higher interest return. Cashable is the most accessible GIC, b...
Non-redeemable GICs. Market-linked GICs. Cashable and redeemable GICs. Pros and cons of non-registered GICs Pros Typically offer a more flexible access to your funds than registered GICs. There may be penalties if you withdraw funds before the term ends. No contribution limits. No age restrict...