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.

Filter by availability per province:

Bank / Credit Union name Updated 1-year 2-year 3-year 4-year 5-year
Wealth One Bank of Canada Dec 2 4.20 4.05 4.05 3.95 4.05
MCAN Financial Dec 2 4.05 4.00 4.00 3.90 4.00
Simplii Financial Dec 2 3.85 3.70 3.75 3.80 3.95
Oaken Financial Dec 2 4.05 4.00 3.95 3.80 3.90
EQ Bank Dec 2 4.00 3.90 3.85 3.80 3.90
Canadian Tire Bank Dec 2 3.45 3.50 3.45 3.45 3.90
MAXA Financial Dec 2 4.15 4.00 3.85 3.80 3.80
Outlook Financial Dec 2 4.10 4.00 3.85 3.80 3.75
Saven Financial Dec 2 4.15 4.00 3.85 3.75 3.75
Tangerine Bank Dec 2 3.95 3.90 3.70 3.65 3.75
Achieva Financial Dec 2 4.05 3.90 3.70 3.65 3.70
Hubert Financial Dec 2 4.05 3.95 3.85 3.75 3.65
Motive Financial Dec 2 3.90 3.75 3.70 3.60 3.60
Peoples Trust* Dec 2 4.00 3.75 3.65 3.60 3.60
ICICI Bank Dec 2 4.15 3.80 3.70 3.50 3.50
Meridian Credit Union Dec 2 3.65 3.60 3.40 3.40 3.45
LBC Digital Dec 2 4.00 4.00 3.90 3.35 3.40
Alterna Bank Dec 2 3.60 3.40 3.30 3.25 3.30
motusbank Dec 2 3.15 3.00 2.85 2.80 2.80

* 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.

GIC brokers

The GIC brokers listed below are for informational purposes only. Check each broker’s website to confirm the rates and find out more information, including but not limited to: deposit minimums, registered account rates, redeemable account rates, location eligibility, and more.

Broker name Updated 1-year 2-year 3-year 4-year 5-year
GIC Wealth Management Dec 2 4.04 3.96 3.93 3.77 3.91
GIC Direct Dec 2 4.03 3.96 3.91 3.77 3.91
Monarch Wealth Corporation Dec 2 4.03 3.96 3.91 3.77 3.91

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