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
AcceleRate Financial Oct 20 1.60 1.65 1.75 1.85 2.00
Wealth One Bank of Canada Oct 20 1.50 1.65 1.75 1.80 2.00
Oaken Financial Oct 20 1.40 1.50 1.60 1.75 2.00
MAXA Financial Oct 20 1.40 1.60 1.75 1.80 1.90
Implicity Financial Oct 20 1.40 1.60 1.65 1.70 1.90
Hubert Financial Oct 20 1.50 1.55 1.65 1.70 1.90
Achieva Financial Oct 20 1.50 1.55 1.60 1.70 1.90
Peoples Trust Oct 20 1.45 1.55 1.65 1.70 1.85
Outlook Financial Oct 20 1.45 1.55 1.60 1.65 1.85
Motive Financial Oct 20 1.50 1.60 1.65 1.70 1.80
LBC Digital Oct 20 1.45 1.65 1.70 1.70 1.75
Ideal Savings Oct 20 1.31 1.41 1.51 1.56 1.61
Alterna Bank Oct 20 1.25 1.40 1.40 1.45 1.55
ICICI Bank Oct 20 0.80 1.00 1.20 1.35 1.55
Concentra Bank Oct 20 1.51 1.51 1.51 1.51 1.51
motusbank Oct 20 1.10 1.20 1.30 1.40 1.50
EQ Bank Oct 20 1.25 1.05 1.15 1.25 1.50
Meridian Credit Union Oct 20 0.85 1.15 1.30 1.35 1.45
Canadian Tire Bank Oct 20 0.50 0.75 0.85 0.95 1.40
Tangerine Bank Oct 20 0.90 1.00 1.10 1.20 1.25
Simplii Financial Oct 20 0.90 1.00 1.05 1.20 1.25

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

  • None currently

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