GIC rates comparison chart

This chart summarizes 1- to 5-year Canadian non-redeemable, non-registered, annually compounding GIC rates for the financial institutions. 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
Oaken Financial Dec 8 2.55 2.65 2.70 2.80 2.90
Implicity Financial Dec 8 2.45 2.50 2.55 2.60 2.75
Peoples Trust Dec 8 2.45 2.50 2.60 2.65 2.70
AcceleRate Financial Dec 8 2.50 2.50 2.55 2.55 2.70
Achieva Financial Dec 8 2.45 2.50 2.55 2.55 2.70
Ideal Savings Dec 8 2.50 2.50 2.50 2.50 2.70
Wealth One Bank of Canada Dec 8 2.45 2.50 2.55 2.60 2.65
Hubert Financial Dec 8 2.40 2.45 2.50 2.55 2.65
Outlook Financial Dec 8 2.35 2.40 2.40 2.40 2.65
EQ Bank Dec 8 2.40 2.45 2.50 2.50 2.60
MAXA Financial Dec 8 2.35 2.40 2.40 2.45 2.60
Meridian Credit Union Dec 8 2.25 2.15 2.60 2.35 2.60
Motive Financial Dec 8 2.31 2.39 2.45 2.52 2.55
motusbank Dec 8 2.20 2.30 2.35 2.40 2.55
Canadian Tire Bank Dec 8 2.10 2.15 2.20 2.25 2.53
ICICI Bank Dec 8 2.20 2.30 2.40 2.45 2.50
Simplii Financial Dec 8 2.15 2.20 2.20 2.20 2.20
Tangerine Bank Dec 8 2.15 2.20 2.20 2.20 2.20
Alterna Bank Dec 8 2.40 1.70 1.80 1.95 2.05

GIC promos below for the financial institutions on our chart. See also the promos page for additional GIC promos.

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