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Download our Mobile App

You need to have a Zag Bank account before you can download the Zag mobile app. To open an account, click here.

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Zag RRSP GIC

A Registered Retirement Savings Plan can go beyond just retirement. You can benefit from tax savings, use it to buy a house or maybe even go back to school. A Zag RRSP GIC offers all the financial flexibility of an RRSP with the added benefit of full protection of your principal.

It’s also good to know you can:

  • start with as little as $250
  • choose terms from 1-5 years
  • automatically renew your Zag RRSP GIC 
  • open your new Zag RRSP GIC online within minutes

’No fees’ means you save your money— all of it.

What you get Fee
Account opening Free
Account maintenance and online statements Free
Account management with Mobile and Online Banking Free
Retrieval of past statements through Zag Bank Online Banking Free
Customized, automatic alerts and notifications Free

For the Zag RRSP GIC, interest is annualized, calculated daily, compounded monthly and paid at maturity for 1 to 5 year terms. You have the option to have interest paid out to your Zag Savings Account (or to the External Account from which the funds originated if you don’t have a Zag Savings Account).

The applicable interest rate is determined on the date on which Zag Bank receives your funds.