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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 |
|---|---|---|---|---|---|---|
| Wealth One Bank of Canada | Aug 19 | 3.70 | 3.90 | 3.95 | 4.00 | 4.15 |
| Canadian Tire Bank | Aug 19 | 2.35 | 2.40 | 2.45 | 2.50 | 4.12 |
| Oaken Financial | Aug 19 | 3.50 | 3.85 | 3.90 | 3.95 | 4.10 |
| MCAN Financial | Aug 19 | 3.65 | 3.90 | 3.90 | 3.95 | 4.05 |
| Saven Financial | Aug 19 | 3.60 | 3.85 | 3.90 | 3.95 | 4.05 |
| Achieva Financial | Aug 19 | 3.60 | 3.65 | 3.70 | 3.75 | 4.05 |
| EQ Bank | Aug 19 | 3.30 | 3.55 | 3.65 | 3.75 | 4.00 |
| MAXA Financial | Aug 19 | 3.65 | 3.70 | 3.80 | 3.85 | 3.95 |
| Outlook Financial | Aug 19 | 3.65 | 3.70 | 3.80 | 3.85 | 3.95 |
| Hubert Financial | Aug 19 | 3.60 | 3.80 | 3.75 | 3.80 | 3.90 |
| Meridian Credit Union | Aug 19 | 3.10 | 3.45 | 3.60 | 3.70 | 3.85 |
| Tangerine Bank | Aug 19 | 3.25 | 3.55 | 3.65 | 3.75 | 3.80 |
| LBC Digital | Aug 19 | 3.00 | 3.35 | 3.60 | 3.70 | 3.80 |
| ICICI Bank | Aug 19 | 2.90 | 3.40 | 3.50 | 3.60 | 3.70 |
| Simplii Financial | Aug 19 | 2.90 | 3.00 | 3.20 | 3.55 | 3.65 |
| Peoples Trust* | Aug 19 | 3.25 | 3.00 | 3.25 | 3.25 | 3.45 |
| Alterna Bank | Aug 19 | 2.65 | 2.85 | 3.10 | 3.25 | 3.30 |
* 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.
- Meridian Credit Union: 3.15% for an 18-month GIC (special promo: 3.70% on new money in an 18-month GIC)
- Oaken Financial: 3.60% for an 18-month GIC
- Wealth One Bank of Canada: 3.90% for an 18-month GIC
- Peoples Trust: 2.90% for a 15-month GIC
- Tangerine Bank: 3.30% 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 | Aug 19 | 3.90 | 3.95 | 4.08 | 4.09 | 4.13 |
| GIC Direct | Aug 19 | 3.86 | 3.94 | 4.08 | 4.09 | 4.13 |
| Monarch Wealth Corporation | Aug 19 | 3.86 | 3.94 | 4.08 | 4.09 | 4.13 |