Purchase a GIC Online

Purchase a GIC Online/ Mobile Banking

By Choosing to Purchase Online, You’ll Receive The Bonus Rate*

Note: If you’re looking to open a registered GIC in Online/Mobile Banking (TFSA RRSP, RRIF), you must have an existing registered account (contract and variable account). You will use your variable account to transfer money to the registered GIC.  

If you do not have either please call Libro Connect at: 1-800-361-8222,  Book an Appointment with an Investment Coach 

To get started, follow the instructions below: 

Step 1:  

• Sign in to Online Banking 

• Select “Open Account” from the main menu. 

• Desktop/Tablet: left-hand menu, Mobile: in the right-hand ‘More’ menu. 

Step 2:  

• Select “Investments.”  

• Select the account type you want and click “Open.” 

Step 3:  

Complete the required fields: 

• Name the account. 

• Select the intended use (example: a future purchase or saving for retirement). 

• Choose the investment term with bonus rate*. 

• Input the dollar amount to invest ($1,000 minimum). 

• Select your contract number (if it is a registered investment – i.e., TFSA, RRSP, RRIF, etc.) 

• Select the account to fund the investment from. 

• Select where to deposit the interest earned on the investment. 

• Note: Interest is paid annually for long-term options, and at maturity for short-term options 

Step 4:  

• Select your maturity instructions; you may re-invest into the same or a different term, or opt to close your investment and transfer to an account. 

• For reinvesting, rates will be available in the final confirmation of your maturity instructions closer to the term’s maturity date. 

• Read and agree to terms and conditions and when you are complete select “Submit.” 

Step 5:  

• Review the investment instructions and click “Submit” when you are ready. 

• If you need to make changes, select “Edit.” You can use the back button on the screen to go farther back. 

• You will see a confirmation screen. Then you can navigate to go to back to view the GIC, or the Accounts page. 

If you have any questions or need assistance from a Coach, please contact us. 

*not applicable on special offer rates