Member Services

Manage my Investments

WITHDRAW FROM MY GIC

To withdraw from a Fixed GIC - Fixed GICs are not eligible for early redemption and must remain invested until the expiry of the selected term.

Important Notes:

  • Your request will be completed within 1 business day. Log in to online banking to verify your withdrawal.
  • Within your online banking profile your FHSA will be “view only”. FHSA deposits and withdrawals cannot be made online. Please use the forms available at Manage my Investments to complete any transactions with your FHSA.

To withdraw from a Cashable GIC

  • Contact an Outlook Financial Representative at 1.877.958.7333.

Important Notes:

  • Withdrawals from Cashable GICs (in whole or in part) made prior to the maturity date will earn the early-withdrawal interest rate (1%) on the funds withdrawn, calculated back to the date of deposit. The remainder of the GIC will continue to earn its regular rate of interest.
  • Partial withdrawals are subject to a $1000 minimum withdrawal amount and a minimum remaining balance of $1000.
  • Your request will be completed within 1 business day. Log in to online banking to verify your withdrawal.

 

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Rates effective
Apr 19, 2024

  • 3.60% Savings
  • 5.00% 1 Year Term
  • 4.40% 5 Year Term
View all rates