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 Jul 27 1.40 1.50 1.70 2.00 2.20
Canadian Tire Bank Jul 27 0.50 0.75 0.85 0.95 2.14
EQ Bank Jul 27 1.30 1.35 1.65 1.95 2.10
Motive Financial Jul 27 1.35 1.45 1.65 1.90 2.00
Peoples Trust* Jul 27 1.45 1.50 1.60 1.90 2.00
LBC Digital Jul 27 1.40 1.50 1.60 1.80 2.00
Concentra Bank Jul 27 1.30 1.30 1.55 1.75 1.95
Wealth One Bank of Canada Jul 27 1.40 1.55 1.70 1.80 1.90
AcceleRate Financial Jul 27 1.40 1.45 1.55 1.65 1.85
ICICI Bank Jul 27 0.80 1.00 1.40 1.60 1.85
Achieva Financial Jul 27 1.50 1.55 1.55 1.60 1.75
Implicity Financial Jul 27 1.30 1.45 1.55 1.60 1.75
Hubert Financial Jul 27 1.30 1.40 1.50 1.60 1.70
Outlook Financial Jul 27 1.15 1.35 1.45 1.55 1.70
MAXA Financial Jul 27 1.10 1.25 1.40 1.55 1.70
Ideal Savings Jul 27 1.31 1.41 1.51 1.56 1.61
motusbank Jul 27 1.40 1.20 1.30 1.40 1.50
Tangerine Bank Jul 27 0.60 0.75 1.05 1.25 1.50
Simplii Financial Jul 27 0.50 0.75 1.00 1.25 1.50
Meridian Credit Union Jul 27 1.00 1.25 1.30 1.35 1.45
Alterna Bank Jul 27 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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