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 Feb 23 2.55 2.65 2.70 2.80 2.90
motusbank Feb 23 2.40 2.55 2.60 2.65 2.75
Implicity Financial Feb 23 2.45 2.50 2.55 2.60 2.75
MAXA Financial Feb 23 2.50 2.50 2.55 2.55 2.75
Wealth One Bank of Canada Feb 23 2.50 2.55 2.60 2.65 2.70
AcceleRate Financial Feb 23 2.50 2.50 2.55 2.55 2.70
Achieva Financial Feb 23 2.45 2.50 2.55 2.55 2.70
Peoples Trust Feb 23 2.75 2.45 2.50 2.55 2.70
Hubert Financial Feb 23 2.50 2.45 2.50 2.55 2.70
Ideal Savings Feb 23 2.50 2.50 2.50 2.50 2.70
Concentra Bank Feb 23 2.80 2.66 2.54 2.59 2.68
Outlook Financial Feb 23 2.35 2.40 2.45 2.50 2.65
Meridian Credit Union Feb 23 2.25 2.30 2.50 2.55 2.60
ICICI Bank Feb 23 2.20 2.30 2.40 2.45 2.50
EQ Bank Feb 23 2.30 2.35 2.40 2.40 2.50
Motive Financial Feb 23 2.24 2.29 2.32 2.36 2.47
Canadian Tire Bank Feb 23 2.00 2.05 2.10 2.15 2.35
Tangerine Bank Feb 23 2.10 2.20 2.20 2.20 2.20
Simplii Financial Feb 23 2.00 2.00 2.05 2.10 2.20
Alterna Bank Feb 23 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.

Get monthly updates on bank promos and rate changes

Please write your comments in the forum.