Now offering partial withdrawals

Outlook now offers partial withdrawals on our Cashable GICs. What does this mean for you? Greater flexibility and ease in managing your savings.

With our new partial withdrawal option you no longer have to cash your entire GIC when you need access to funds. Withdraw the funds you need and leave the rest in your GIC at our great rates. This means you can invest your money in a larger GIC without the risk of losing interest on your entire deposit when you need to access your money – you will only incur an interest penalty on the amount withdrawn.

When you do need to access funds from your GIC, here are a few things to keep in mind.

• The minimum amount per withdrawal is $1000.
• You must maintain the minimum $1000 in your GIC.
• You will receive our early-withdrawal interest rate on the funds withdrawn, calculated from the time you invested the funds. The remainder of your GIC will continue to earn interest at its regular rate.

Take advantage of our superior rates while maintaining flexibility. Outlook Cashable GICs – always a great investment.

Please note: The early-withdrawal rate for Cashable GICs has changed effective February 15, 2010. Please see our Early-Withdrawal Interest Rate page for more details.