Get steady growth without market risk

You can grow your savings safely with both guaranteed interest accounts (GIAs) from insurers and guaranteed investment certificates (GICs) from banks. Make sure you understand how they differ.

GIA vs. GIC — what’s the difference?

Compare GIAs from Equitable with GICs from banks.

FeaturesEquitable GIABank GIC
Guaranteed interest rateFeature availableFeature available
Avoid fees for beneficiariesFeature availableSometimes
Avoid estate administration taxFeature availableFeature not available
Pension income tax creditFeature availableFeature not available
Potential for protection from creditorsFeature availableFeature not available
Guaranteed value$100,000 or 90% of value, whichever is higherCapped at $100,000
Cashable after market value adjustmentFeature availableFeature not available

An advisor can show you all options and help you make a choice that's best for you. This comparison reflects current tax legislation, which is subject to change without notice.

Learn more about GIAs

* Term options may be limited depending on your age or the contract registration type.