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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 |
|---|---|---|---|---|---|---|
| MCAN Financial | Jun 18 | 3.65 | 3.75 | 3.70 | 3.70 | 3.95 |
| Wealth One Bank of Canada | Jun 18 | 3.65 | 3.75 | 3.70 | 3.70 | 3.85 |
| EQ Bank | Jun 18 | 3.55 | 3.60 | 3.65 | 3.65 | 3.80 |
| Oaken Financial | Jun 18 | 3.50 | 3.70 | 3.60 | 3.60 | 3.80 |
| Saven Financial | Jun 18 | 3.60 | 3.60 | 3.60 | 3.60 | 3.75 |
| Motive Financial | Jun 18 | 3.00 | 3.10 | 3.35 | 3.50 | 3.70 |
| Simplii Financial | Jun 18 | 3.20 | 3.10 | 3.10 | 3.55 | 3.65 |
| Canadian Tire Bank | Jun 18 | 2.50 | 2.50 | 2.50 | 2.50 | 3.61 |
| Meridian Credit Union | Jun 18 | 3.35 | 3.45 | 3.45 | 3.55 | 3.60 |
| LBC Digital | Jun 18 | 3.50 | 3.50 | 3.40 | 3.45 | 3.50 |
| Tangerine Bank | Jun 18 | 3.20 | 3.30 | 3.40 | 3.45 | 3.50 |
| MAXA Financial | Jun 18 | 3.50 | 3.45 | 3.35 | 3.45 | 3.50 |
| Outlook Financial | Jun 18 | 3.50 | 3.45 | 3.35 | 3.45 | 3.50 |
| Achieva Financial | Jun 18 | 3.50 | 3.50 | 3.35 | 3.35 | 3.50 |
| Hubert Financial | Jun 18 | 3.60 | 3.55 | 3.45 | 3.45 | 3.45 |
| Peoples Trust* | Jun 18 | 3.30 | 3.50 | 3.45 | 3.35 | 3.40 |
| ICICI Bank | Jun 18 | 3.10 | 3.20 | 3.30 | 3.30 | 3.30 |
| Alterna Bank | Jun 18 | 2.90 | 3.05 | 2.95 | 2.95 | 3.10 |
* 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: 3.40% for an 18-month GIC
- Oaken Financial: 3.55% for an 18-month GIC
- Wealth One Bank of Canada: 3.75% for an 18-month GIC
- Peoples Trust: 3.50% for a 15-month GIC
- Tangerine Bank: 3.25% 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 Wealth Management | Jun 18 | 4.02 | 4.01 | 3.78 | 3.88 | 4.00 |
| GIC Direct | Jun 18 | 4.00 | 3.99 | 3.77 | 3.85 | 3.88 |
| Monarch Wealth Corporation | Jun 18 | 4.00 | 3.99 | 3.77 | 3.85 | 3.88 |
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