Cookie notice: We use first- and third-party cookies to customize content and advertising, to collect anonymous web traffic data to ensure our site is running smoothly, and to remember user choices, where it applies.

A split image: Half the image features the front of a large, golden piggy bank. The other half features a woman in a pool, relaxing on a float.


Strategies for successful saving.

When it comes to saving, every cent counts. It's all about the projects that matter to you, big and small. Whatever your reason for saving, we have the investment solution for you.

So, go on – dream big.

Top 3 things to consider when saving.

  • How long do you plan to invest?

    Maybe you’re going on a trip next year or buying your first home in 5 years. Knowing when you need the money, also called the investment time horizon, will help you choose the right savings product for your situation.

  • One lump sum or regular deposits?

    Do you have a set amount to invest, or do you plan to save smaller amounts regularly over time? If you want to deposit money every pay day, consider a High Interest Savings Account. If you have a lump sum to invest now, a GIC might be the way to go.

  • Lock it in or go flexible?

    Life is filled with the unexpected. There may be moments when you’ll need to access your money while it's invested. Understand the terms before you invest because not all investments have the option to redeem early.

Putting our best offers on the table.

On a sunny day out on blue waters, a couple ride a sailboat. The man stands at the helm, grasping a large steering wheel, while the woman holds a line at the side of the boat.


Special rate of 5.05%1 on a 18-month term.

If you’re planning for that much needed getaway, put your money into a GIC while you wait to set sail. Enjoy attractive returns, and best of all, your initial investment and interest are 100% guaranteed.

In a shop, a man types on a laptop at a large table. Right in front of him on the table is a bicycle in a stand.


Earn up to 4.00% interest2 on your balance.

Saving up to start a pet project? With our HISA, you can speed up your savings with a competitive interest rate. Plus, know that you can access your money whenever you want it.

Fixed-rate GIC or HISA? Let's compare.

Fixed-rate GIC


  • Minimum investment: $500.

  • Non-redeemable. The money you invested is unavailable until the maturity date. Terms range from 3 months to 10 years.

  • One-time purchase: You can't add funds to an existing GIC investment.

  • Option of simple or compound interest for GICs with a 2-year term or more.

  • Eligible for registered plans such as TFSA, RRSP, RRIF, LIRA and LIF.

  • Eligible for deposit insurance from the Canada Deposit Insurance Corporation (CDIC).

High Interest Savings Account


  • No minimum balance.

  • Redeemable anytime. Deposit and withdraw money as you wish3; your money is always available.

  • Lump sum or regular deposits. Set up automatic transfers to yield higher returns from your savings.

  • Simple interest is calculated on the daily minimum balance and is paid monthly.

  • Non-registered account. Interest is taxable.

  • Eligible for deposit insurance from the Canada Deposit Insurance Corporation (CDIC).

Helpful tips and resources.

Your questions answered.

CDIC logo. Opens in a new window.

CDIC deposit insurance.

Laurentian Bank is a Canada Deposit Insurance Corporation (CDIC) member institution. LBC Trust and Laurentian Trust of Canada Inc. are subsidiaries of Laurentian Bank of Canada and also CDIC members.