GIC Laddering For Best GIC Rates.

Improve your cashflow by buying multiple term duration GICs with different GIC rates to take advantage of rising interest rates. In addition, avoid locking in all your funds into one GIC with a low GIC rate by using a GIC ladder.

GIC laddering in Canada

Todays Best GIC Rates

Today's GIC Rates

1 Year 2 Year 3 Year 4 Year 5 Year

Why GIC Laddering Works

No one knows what interest rates will be tomorrow or next week. No one wants to be stuck in a GIC with a low interest rate and have to guess what term to choose. GIC laddering will help you reduce interest rate risk for example by not being locked in to a GIC term and missing out on higher rates. Another "risk" it reduces is that it takes away having to guess what GIC term to choose to lock in your money. A GIC ladder effectively gives you flexibility and makes your cashflow better.

The Problem

You have a lumpsum of money you want to invest but are worried about tying it up into one investment for a period of time until the investment matures.

  • You risk paying penalties if you break your GIC term.
  • Risk of missing out on higher interest rates
  • Opportunity cost of not having funds available for other investments

The Solution

Creating a GIC laddering strategy with different terms of maturity e.g. instead of one lumpsum investment of $100,000 you could divide it into 5 investments of $20,000 with different interest rates.

  • Increase flexibility with your cashflow and avoid penalties.
  • Lock your money in for a shorter period to be able to reinvest and have other investments.
  • You don't miss out on rising interest rates by reinvesting your matured funds.

GIC Laddering Example

GIC Years @ interest rate

Investment Amount

Earned Interest

1Year GIC @ 2.10%

$20,000

$420

2Year GIC @ 2.30%

$20,000

$920

3Year GIC @ 2.60%

$20,000

$1,560

4Year GIC @ 2.85%

$20,000

$2,280

5Year GIC @ 3.10%

$20,000

$3,100

Total

$100,000

$8,280

Now, say after the first year, your GIC matures with income of $420. Add that to the $20,000 and you'll have $20,420 cash available to pay obligations or you could decide that you want to reinvest into another GIC.  Let's assume after that year current GIC rates for 4 year maturity are at 3.2%.

If you invest that $20,420 into a 4-Year GIC @ 3.2% your GIC earned income after 4 years would be $2,613.76 which would give you a balance of $23,033.76. So you took advantage of a rise in interest rates as the 4 year GIC after the first year of your GIC ladder is 0.10 higher than the 5 Year GIC.

Buy Your GICs Today

Complete the form and we'll get back to you right away to answer your questions and walk you through to complete the process. We'll send you a secure email to setup a profile to buy GICs securely online. Alternatively, call us at (416)966-0606.

GIC $ Amount
Please Select One
  • $25,000
  • $30,000
  • $40,000
  • $50,000
  • $75,000
  • $100,000
  • $150,000
  • $175,000
  • $200,000
  • $250,000
  • $300,000
  • $350,000
  • $400,000
  • $450,000
  • $500,000+
GIC Term
Please Select One
  • GIC Ladder (Multiple terms)
  • 30-270 days
  • 1 Year
  • 2 Year
  • 3 Year
  • 4 Year
  • 5 Year
  • 6-10 Year
By submitting this form I confirm that my information is accurate

Steps To Start Building a GIC Ladder

Step 1.

Schedule your periodic payments or expenses like quarterly income taxes.  You can use a calendar to do this easily to make sure the GIC ladder meets your needs.

Step 2.

Document all your other sources of reliable income such as dividends, employer pensions, annuities and other payments like Old Age Security and CPP.  If you're a business, you could also go through this exercise to see when you may need cash available whilst getting a return on your funds.

Step 3.

Determine the timing of these obligations with the different GIC terms available to you to make cash available just before the obligation is due.  A GIC ladder can be constructed using different terms from 30-270 days all the way to 5-10 years.  It all depends on your needs how you structure the GIC ladder.

Step 4.

Get the best GIC rates from Blue Alpha Wealth for each part of your ladder and plan out how you want to deposit and cash out when you believe you would want to look at new interest rates.

GIC laddering gic rates Toronto

Ready To Get Started With GIC Laddering?

Find High GIC Interest Rates With Our Simplified Online Process.

Get access to real-time high GIC interest rates 24/7 in your personal GIC dashboard. Create a free secure account to get access to 20+ institutions, buy and sell GICs, build a GIC portfolio with CDIC deposit insurance thresholds calculated automatically for you and more.

Buy GICs Online Using GIC Laddering


Register To Open An Account & Buy GICs. Online - Simple - Secure - Guaranteed.

Here are the steps to complete the process

01

Get in touch with us by calling (416)966-0606 or filling out the form below so we call you back. We'll setup a profile together in your name over the phone and gather relevant information. This is a one-time setup.

02

We verify your email and information then connect your home bank information to your account so when you decide to buy GICs your account is automatically linked to the financial institutions.

03

You can now login 24/7 to our free digital GIC platform to construct a GIC portfolio with CDIC and provincially insured issuers. Banks, credit unions, trust companies. View your GIC certificates, maturity dates, deposit insurance limits & more.

We're a No-Fee Registered Deposit Broker. All Our GIC Providers Are Guaranteed And Your Deposit Is Insured and Safe.

We give you access to high interest GIC rates from banks, credit unions, trust companies and life insurance companies. All the GICs are insured by the CDIC up to $100,000 and provincially through DICO up to $250,000

Deposit insurance

100%

guarantee

Your GICs Are Guaranteed, Insured and Protected

Frequently Asked Questions

do i need to buy gics right away to setup a profile?

No, not at all. You can setup your account profile then buy your GICs whenever you're ready to. There is no cost or obligation and you get the highest deposit insured interest rates.

do i need to setup a profile with each financial institution?

No you don't! That's the advantage of working with Blue Alpha Wealth as your term deposit broker.  All you have to do is setup one online account profile. Once you setup a profile you'll be able to buy GICs from 20+ financial institutions and see live GIC rates 24/7.  Each time you buy a GIC your banking information will be connected directly with the institution and funds transferred through electronic funds transfer. This is done securely in the cloud through servers housed in Canada.

are my funds secure when i use blue alpha wealth?

Yes! Blue Alpha Wealth never takes custody or has access to your funds.  Your online profile is linked securely and directly to any of the 20+ financial institutions available for you to choose GIC rates from. We are just brokers linking you to these financial institutions with the best insured GIC rates.

is there a cost to buy gics online?

No, there is no cost to buying GICs online with Blue Alpha Wealth.  It's the same process as you're used to but we've just made it easier for you using technology to buy all your GICs from one account. You also have a live rate board for current GIC rates. 

what type of information can i see on my online dashboard?

You'll be able to view live GIC rates 24/7 as well as viewing your GIC portfolio and your maturity rates. You'll get reporting on your deposit insurance limits as well as options on how to best optimize your GIC portfolio for the best rates and deposit insurance. 

Let's Get Started! Complete the Form Below Or Give Us A Call

Buy Your GICs Today

Complete the form and we'll get back to you right away to answer your questions and walk you through to complete the process. We'll send you a secure email to setup a profile to buy GICs securely online. Alternatively, call us at (416)966-0606.

GIC $ Amount
Please Select One
  • $25,000
  • $30,000
  • $40,000
  • $50,000
  • $75,000
  • $100,000
  • $150,000
  • $175,000
  • $200,000
  • $250,000
  • $300,000
  • $350,000
  • $400,000
  • $450,000
  • $500,000+
GIC Term
Please Select One
  • GIC Ladder (Multiple terms)
  • 30-270 days
  • 1 Year
  • 2 Year
  • 3 Year
  • 4 Year
  • 5 Year
  • 6-10 Year
By submitting this form I confirm that my information is accurate