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Email thisThis chart summarizes 1- to 5-year Canadian non-redeemable, non-registered, annually compounding GIC rates for the financial institutions. Rates are updated every day at 9:05am Pacific / 12:05pm Eastern. See also our savings account comparison chart. To be included in the GIC chart, rates have to be posted publicly and be available without needing to go through a broker.
To access GIC rate histories, click on the date link in each row.
This chart is for informational purposes only and provided on a best-effort basis. Please double check the rates with the respective financial institutions and do your own research on account GIC features. Please post any errors in the forum and they will be corrected ASAP.
| Bank / Credit Union name | Updated | 1-year | 2-year | 3-year | 4-year | 5-year |
|---|---|---|---|---|---|---|
| Wealth One Bank of Canada | Jul 17 | 3.55 | 3.90 | 3.90 | 3.95 | 4.10 |
| MCAN Financial | Jul 17 | 3.65 | 3.90 | 3.90 | 3.95 | 4.05 |
| Saven Financial | Jul 17 | 3.60 | 3.70 | 3.75 | 3.80 | 4.05 |
| Achieva Financial | Jul 17 | 3.60 | 3.65 | 3.70 | 3.75 | 4.05 |
| Oaken Financial | Jul 17 | 3.35 | 3.65 | 3.70 | 3.75 | 4.00 |
| EQ Bank | Jul 17 | 3.30 | 3.55 | 3.65 | 3.75 | 4.00 |
| MAXA Financial | Jul 17 | 3.55 | 3.65 | 3.75 | 3.80 | 3.95 |
| Outlook Financial | Jul 17 | 3.55 | 3.65 | 3.75 | 3.80 | 3.95 |
| Canadian Tire Bank | Jul 17 | 2.35 | 2.40 | 2.45 | 2.50 | 3.95 |
| Hubert Financial | Jul 17 | 3.55 | 3.65 | 3.70 | 3.75 | 3.85 |
| LBC Digital | Jul 17 | 3.00 | 3.35 | 3.50 | 3.65 | 3.75 |
| ICICI Bank | Jul 17 | 2.90 | 3.40 | 3.50 | 3.60 | 3.70 |
| Meridian Credit Union | Jul 17 | 3.00 | 3.25 | 3.40 | 3.55 | 3.70 |
| Tangerine Bank | Jul 17 | 3.15 | 3.35 | 3.45 | 3.55 | 3.65 |
| Simplii Financial | Jul 17 | 2.90 | 3.00 | 3.20 | 3.55 | 3.65 |
| Peoples Trust* | Jul 17 | 3.25 | 3.00 | 3.25 | 3.25 | 3.45 |
| Alterna Bank | Jul 17 | 2.65 | 2.85 | 3.10 | 3.25 | 3.30 |
* Peoples Bank has the same parent company as Peoples Trust and offers the same interest rates
GIC promos below for the financial institutions on our chart. See also the promos page for additional GIC promos.
- Meridian Credit Union: 3.60% for an 18-month GIC
- Oaken Financial: 3.45% for an 18-month GIC
- Wealth One Bank of Canada: 3.90% for an 18-month GIC
- Peoples Trust: 2.90% for a 15-month GIC
- Tangerine Bank: 3.30% for an 18-month GIC
GIC brokers
The GIC brokers listed below are for informational purposes only. Check each broker’s website to confirm the rates and find out more information, including but not limited to: deposit minimums, registered account rates, redeemable account rates, location eligibility, and more.
| Broker name | Updated | 1-year | 2-year | 3-year | 4-year | 5-year |
|---|---|---|---|---|---|---|
| GIC Direct | Jun 11 | 3.68 | 3.83 | 4.03 | 4.04 | 4.09 |
| Monarch Wealth Corporation | Jun 11 | 3.68 | 3.83 | 4.03 | 4.04 | 4.09 |
| GIC Wealth Management | Jul 17 | 3.76 | 3.83 | 3.99 | 4.01 | 4.06 |