GIC rates comparison chart

This 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
Motive Financial Jan 23 1.40 1.60 1.65 1.75 1.90
Implicity Financial Jan 23 1.40 1.60 1.65 1.70 1.90
Wealth One Bank of Canada Jan 23 1.40 1.55 1.65 1.70 1.90
Achieva Financial Jan 23 1.55 1.55 1.60 1.75 1.85
AcceleRate Financial Jan 23 1.50 1.55 1.60 1.75 1.85
Peoples Trust Jan 23 1.45 1.55 1.65 1.70 1.85
MAXA Financial Jan 23 1.40 1.50 1.60 1.70 1.80
Oaken Financial Jan 23 1.40 1.50 1.60 1.70 1.80
Canadian Tire Bank Jan 23 0.50 0.75 0.85 0.95 1.79
LBC Digital Jan 23 1.40 1.60 1.65 1.70 1.75
Outlook Financial Jan 23 1.45 1.55 1.55 1.65 1.75
Hubert Financial Jan 23 1.30 1.40 1.50 1.60 1.70
EQ Bank Jan 23 1.20 1.30 1.40 1.50 1.70
Ideal Savings Jan 23 1.31 1.41 1.51 1.56 1.61
Concentra Bank Jan 23 1.25 1.25 1.25 1.50 1.60
motusbank Jan 23 1.40 1.20 1.30 1.40 1.50
Meridian Credit Union Jan 23 0.85 1.15 1.30 1.35 1.45
ICICI Bank Jan 23 0.80 1.00 1.10 1.25 1.45
Alterna Bank Jan 23 1.00 1.15 1.15 1.20 1.30
Tangerine Bank Jan 23 0.65 0.75 0.80 1.00 1.10
Simplii Financial Jan 23 0.60 0.65 0.75 1.00 1.10

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

  • Oaken Financial: 1.60% for an 18-month GIC

Get monthly updates on bank promos and rate changes

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