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Email thisThis 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 |
|---|---|---|---|---|---|---|
| Saven Financial | Nov 28 | 5.20 | 5.30 | 5.20 | 5.15 | 5.30 |
| Motive Financial | Nov 28 | 4.95 | 5.10 | 5.10 | 5.10 | 5.20 |
| motusbank | Nov 28 | 4.85 | 4.80 | 5.10 | 4.90 | 5.20 |
| Wealth One Bank of Canada | Nov 28 | 5.00 | 5.10 | 5.10 | 5.10 | 5.15 |
| Meridian Credit Union | Nov 28 | 4.90 | 5.00 | 5.05 | 5.10 | 5.15 |
| AcceleRate Financial | Nov 28 | 4.50 | 4.60 | 4.70 | 4.90 | 5.10 |
| Hubert Financial | Nov 28 | 4.50 | 4.60 | 4.70 | 4.90 | 5.10 |
| MAXA Financial | Nov 28 | 4.35 | 4.50 | 4.70 | 4.85 | 5.10 |
| Ideal Savings | Nov 28 | 4.55 | 4.65 | 4.75 | 4.80 | 5.05 |
| EQ Bank | Nov 28 | 5.10 | 5.10 | 5.10 | 5.00 | 5.00 |
| Peoples Trust* | Nov 28 | 5.10 | 5.00 | 5.00 | 5.00 | 5.00 |
| Alterna Bank | Nov 28 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Oaken Financial | Nov 28 | 5.10 | 5.15 | 5.10 | 4.95 | 5.00 |
| Achieva Financial | Nov 28 | 4.70 | 4.75 | 4.80 | 4.90 | 5.00 |
| LBC Digital | Nov 28 | 4.85 | 5.25 | 4.75 | 4.75 | 5.00 |
| Outlook Financial | Nov 28 | 4.50 | 4.60 | 4.70 | 4.75 | 5.00 |
| Tangerine Bank | Nov 28 | 4.85 | 4.95 | 4.90 | 4.75 | 4.75 |
| Canadian Tire Bank | Nov 28 | 3.70 | 4.15 | 4.25 | 4.30 | 4.75 |
| ICICI Bank | Nov 28 | 4.70 | 4.70 | 4.40 | 4.40 | 4.40 |
| Simplii Financial | Nov 28 | 4.50 | 4.05 | 4.10 | 4.15 | 4.20 |
* 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.
- Wealth One Bank of Canada GIC specials until October 30, 2022: 1-year 4.68%, 4.88% 2-year, 5.08% 3-year, 5.08% 4-year, 5.18% 5-year GICs
- motusbank: 4.85% for an 18-month GIC
- Oaken Financial: 4.80% for an 18-month GIC
- Tangerine Bank: 5.00% for an 18-month GIC
- Wealth One Bank of Canada: 4.65% for an 18-month GIC
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 | Nov 28 | 5.39 | 5.41 | 5.41 | 5.41 | 5.51 |
| Monarch Wealth Corporation | Nov 28 | 5.39 | 5.41 | 5.41 | 5.41 | 5.51 |
| GIC Direct | Nov 28 | 5.38 | 5.40 | 5.40 | 5.40 | 5.40 |
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