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 Sep 16 2.55 2.75 2.80 2.90 3.00
Hubert Financial Sep 16 2.50 2.60 2.70 2.75 2.85
Peoples Trust Sep 16 2.45 2.55 2.60 2.70 2.80
AcceleRate Financial Sep 16 2.55 2.55 2.60 2.60 2.75
Achieva Financial Sep 16 2.50 2.55 2.60 2.60 2.75
Implicity Financial Sep 16 2.45 2.50 2.55 2.60 2.75
Ideal Savings Sep 16 2.50 2.50 2.50 2.50 2.70
Wealth One Bank of Canada Sep 16 2.45 2.50 2.55 2.60 2.65
Outlook Financial Sep 16 2.35 2.40 2.40 2.40 2.65
MAXA Financial Sep 16 2.35 2.40 2.40 2.45 2.60
Meridian Credit Union Sep 16 2.50 2.15 2.60 2.35 2.60
EQ Bank Sep 16 2.40 2.41 2.42 2.47 2.55
motusbank Sep 16 2.20 2.30 2.35 2.40 2.55
Motive Financial Sep 16 2.34 2.40 2.44 2.47 2.51
Canadian Tire Bank Sep 16 2.10 2.15 2.20 2.25 2.35
Simplii Financial Sep 16 2.15 2.20 2.20 2.20 2.20
Tangerine Bank Sep 16 2.15 2.20 2.20 2.20 2.20
Alterna Bank Sep 16 1.60 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.

Get monthly updates on bank promos and rate changes

Please write your comments in the forum.