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
Oaken Financial Jun 17 1.40 1.50 1.70 2.00 2.20
EQ Bank Jun 17 1.30 1.35 1.65 1.95 2.10
Motive Financial Jun 17 1.35 1.45 1.65 1.90 2.00
Peoples Trust* Jun 17 1.45 1.50 1.60 1.90 2.00
LBC Digital Jun 17 1.40 1.50 1.60 1.80 2.00
Canadian Tire Bank Jun 17 0.50 0.75 0.85 0.95 1.95
Wealth One Bank of Canada Jun 17 1.40 1.55 1.65 1.70 1.90
ICICI Bank Jun 17 0.80 1.00 1.40 1.60 1.85
Concentra Bank Jun 17 1.30 1.30 1.30 1.55 1.85
Achieva Financial Jun 17 1.50 1.55 1.55 1.60 1.75
Hubert Financial Jun 17 1.30 1.40 1.50 1.60 1.70
AcceleRate Financial Jun 17 1.40 1.45 1.50 1.55 1.70
Outlook Financial Jun 17 1.15 1.35 1.45 1.55 1.70
MAXA Financial Jun 17 1.10 1.25 1.40 1.55 1.70
Ideal Savings Jun 17 1.31 1.41 1.51 1.56 1.61
Implicity Financial Jun 17 1.15 1.35 1.35 1.45 1.60
motusbank Jun 17 1.40 1.20 1.30 1.40 1.50
Tangerine Bank Jun 17 0.60 0.75 1.05 1.25 1.50
Simplii Financial Jun 17 0.50 0.75 1.00 1.25 1.50
Meridian Credit Union Jun 17 0.85 1.15 1.30 1.35 1.45
Alterna Bank Jun 17 1.00 1.15 1.15 1.20 1.30

* 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.

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

Get monthly updates on bank promos and rate changes

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