A listing of current promotions from Canadian financial institutions:
Savings accounts
- Targeted promo: 3.20% on new deposits to a Canadian Tire Financial High Interest Savings account between December 10, 2018 and June 30, 2019
- $25 bonus for opening a new Motive Savvy Savings Account with a minimum deposit of $1000 until February 7, 2019
- Simplii Financial: 3.15% on new deposits in a savings account between November 1, 2018 and February 28, 2019
- Tangerine new customers: 3.00% interest rate until April 30, 2019
- Tangerine targeted promo: 3.00% for 180 days on entire balance
- CIBC eAdvantage Savings Account net new deposits promo: 3.00% between October 16, 2018 and March 31, 2019
- RBC: 3.00% interest rate for 6 months on new eSavings Accounts opened by November 30, 2018
- HSBC net new deposits promo: 2.80%, or 3.35% over $25K, or 3.40% over $50K, or 3.50% over $100K until November 15, 2018
- Luminus Financial: 1.00% bonus rate (2.75% total at current 1.75% base rate) on new deposits to an Investment Savings Account until September 30, 2019
- DUCA Credit Union: $50 for you and $50 for charity when you open a new chequing account
- Targeted: Tangerine 2.50% net new deposits promo extension previously from Jan 3 – May 31, 2018 extended through November 30, 2018 for regular savings, TFSA, and RSP savings
GICs
- Ganaraska Credit Union (Ontario only): 4.00% 4-year GIC
- Ideal Savings: 3.25% for a 150-day GIC
- Luminus Financial: 5-year GIC at 3.60% (new money only)
- First Ontario Credit Union (Ontario only): 9-month GIC at 3.25% (new money only); 5-year GIC at 3.75%
- DUCA Credit Union: 3.00% for a 1-year GIC or 3.25% for a 3-year GIC redeemable after each year
- Coast Capital Savings GIC promos: 2.70% for a convertible 16-month GIC; a 2.00%/3.00%/4.00% 3-year escalator GIC
- EQ Bank: 3.00% for a 15-month GIC
- WFCU Credit Union and Omnia Direct (Ontario only): 3.40% for a 1-year GIC
- Parama Credit Union (Ontario only): 3.10% for a 1-year GIC on new money; 3.40% for an 3-year GIC on new money
- Meridian Credit Union: 3.75% for a 5-year GIC funded by new money
- PACE Credit Union (Ontario only): 3.40% 29-month GIC on new money
- CIBC: GIC promotion rates, including 3.00% for a 5-year GIC
- Laurentian Bank GIC promo offering double their normal interest on 1 to 5 year terms. 1-year GIC is now 2.20%; 5-year GIC is now 3.30%
Are any current promotions missing from this list? Let us know in the forums.
Expired promotions
- EQ Bank: 3.33% for a 3-month GIC
- DUCA Credit Union net new deposits savings account promo: 3.25% until December 3, 2018
- Meridian Credit Union: 3.15% for 6-months in a new savings account + in-branch only $50 referral bonus
- Meridian Credit Union: 3.25% for a 1-year GIC funded by new money
- Northern Credit Union promo (very specific and time-limited): ~1 month of 4.00% interest on savings account deposits made between November 21 and 24, 2018. Regular rate is 1.20%.
- Alterna Bank: 3.00% for a 1-year GIC
- CIBC targeted promo: 1.75% on entire balance until October 31, 2018
- Tangerine targeted promo: 2.75% for 270 days on entire balance
- PenFinancial Credit Union (Ontario only): 2.91% for a 2-year GIC
- Achieva Financial: 3.45% for a 5-year GIC
- Achieva Financial: 2.95% for a 20-month GIC until October 20, 2018
- Omnia Direct (Ontario only) 3.00% for a 1-year GIC
- Tangerine new customers: 2.75% interest rate for 6 months in a savings account opened by October 31, 2018
- Hubert Financial referral promo: $25 each for you and the person you refer to open a new account until September 30, 2018
- Wealth One Bank of Canada: 2.50% on entire savings account balance through September 30, 2018
- Parama Credit Union (Ontario only) 2.85% for a 1-year GIC on new money; 3.00% for an 18-month GIC on new money
- Implicity Financial: 2.85% for a 1-year GIC funded by new money
- Implicity Financial: 3.00% for a 2-year GIC funded by new money
- Meridian Credit Union: 2.80% for 6-months in a new savings account
- Meridian Credit Union: 3.00% for a 1-year GIC funded by new money
- Meridian Credit Union: 3.50% for a 5-year GIC funded by new money
- Pace Credit Union (Ontario only): 3.10% 2-year GIC
- Meridian Credit Union: 2.75% for 4-months on new savings accounts opened before December 31, 2018
- Hubert Financial: 3.00% for a 2-year GIC
- Targeted: Simplii Financial net new deposits promo extended: 1.75% or 2.50% through June 30, 2018
- Scotiabank Momentum Plus Savings account: up to 1.80% interest rate on net new deposits if you leave the money in the account for up to 360 days, and an additional 0.85% during the period before June 29, 2018. Offer expires June 29, 2018
- Hubert Financial 2-year GIC at 2.75% and 4-year GIC at 3.25%
- Parama Credit Union (Ontario only) 2.75% for a 1-year GIC on new money
- DUCA Credit Union net new deposits savings account promo: 3.15% until May 31, 2018
- Ganaraska Credit Union (Ontario only): 4.00% 5-year GIC
- Tangerine new customers: 2.50% interest rate for 6 months in a savings account until May 31, 2018
- Tangerine 2.50% net new deposits targeted promo Jan 3 – May 31, 2018 for regular savings, TFSA, and RSP savings
- Meridian Credit Union: 3.00% for 4-months on new savings accounts opened before December 31, 2018
- First Ontario Credit Union (Ontario only) 3.25% for a 120-day GIC on new money
- AcceleRate Financial 2-year GIC at 2.65%; 5-year GIC at 3.20%
- DUCA Credit Union: 2.00% for a 12- to 79-month RRSP, TFSA, RESP, RRIF, or LRIF GIC; 3.00% if you hold the GIC until 80 months (6.7 years). Offer expires March 31, 2018.
- CIBC net new deposits promo: 2.30% on regular savings, TFSA, and RRSP savings accounts between October 16, 2017 and March 31, 2018; regular savings balance must be over $5,000 for promo
- Coast Capital Savings (BC only): 4.00% annual rate for a 33-month GIC of more than $500 new money until March 20, 2018
- Northern Credit Union (Ontario) 4-day offer to get a 4.00% interest rate until April 30, 2018 if you open an account by March 17, 2018
- Ideal Savings new savings account promo: 2.50% until June 30, 2018 [on March 15, this converted into a guaranteed rate for all balances until December 31, 2018]
- Meridian Credit Union: 90-day GIC at 2.50% until March 1, 2018
- Simplii Financial net new deposits promo: 3.00% until February 28, 2018
- HSBC GIC promo: 2.88% annual rate for an 88-day GIC of more than $5,000 new money until February 23, 2018
- Hubert Financial referral promo: $25 each for you and the person you refer to open a new account until February 28, 2018
- Tangerine new customers: 2.40% interest rate for 6 months in a savings account if you open a chequing account and a savings account before February 5, 2018
- Alterna Savings TFSA e-Savings Account: 2.05% until March 31, 2018; ended on January 24, 2018 because they permanently raised their rate to 2.10%
- Tangerine net new deposits targeted promo Oct 4 – Dec 31; between 2.00% and 2.75% for regular savings, TFSA, and RSP savings
- DUCA Credit Union net new deposits savings account promo: 2.75% until December 14, 2017
- Targeted TD Canada Trust promo: 2.5% interest on balances of $10,000 or more until March 31, 2018 on new savings accounts opened by December 29, 2017
- PC Financial targeted promo 2.00% or 2.50% interest on new deposits made in savings accounts until August 31, 2017 — extended until October 31, 2017
- Meridian Credit Union: 1.50% cash bonus (as a 1-year term deposit) on new, external deposits to RRSP and TFSA accounts before September 29, 2017
- Tangerine targeted promo on new deposits until September 30, 2017: up to 3.22% as per whatever they offered you
- Luminus Financial: 2.10% for a 1-year GIC
- Tangerine retention promo starting end of June / beginning of July: 2.5% for 90 days. You have to call in and ask for it.
- RBC High Interest eSavings Account: 2.00% until December 1, 2017 on new deposits made before August 1, 2017
- Meridian Credit Union: 3.00% for a 90-day GIC for new members only
- DUCA Credit Union: 2.00% for a 20-month GIC
- Luminus Financial: 0.65% bonus on all short-term and long-term deposits
- Tangerine targeted promo on new deposits until June 30, 2017: up to 3.21% as per whatever they offered you
- Tangerine targeted promo on new deposits until March 31, 2017: between 1.75% and 3.25% as per whatever they offered you
- Winter 2017: Meridian Credit Union 2.20% for an 18-month GIC
Promotions archive: 2014 – 2016
Please write your comments in the forum.