Canadian GIC rate comparison
Compare GIC rates at a glance
Current posted CAD non-redeemable GIC rates from Canadian financial institutions, organized by term.
Best 1 Year
3.50%
highest rate currently tracked
Best 2 Years
3.85%
highest rate currently tracked
Best 3 Years
4.00%
highest rate currently tracked
Best 4 Years
4.10%
highest rate currently tracked
Best 5 Years
4.15%
highest rate currently tracked
Current GIC rates
Rates are sorted by each institution’s strongest listed term. Green cells mark the best rate for that term.
8 banks
| Institution | 1 Year | 2 Years | 3 Years | 4 Years | 5 Years |
|---|---|---|---|---|---|
|
Tangerine
Non-redeemable GIC
|
3.50%
Best
|
3.85%
Best
|
4.00%
Best
|
4.10%
Best
|
4.15%
Best
|
|
EQ Bank
Non-redeemable GIC
|
3.40%
|
3.65%
|
3.80%
|
3.90%
|
4.00%
|
|
National Bank
Non-redeemable GIC
|
2.85%
|
3.35%
|
3.25%
|
3.30%
|
3.45%
|
|
BMO
Non-redeemable GIC
|
2.70%
|
2.75%
|
2.85%
|
3.00%
|
3.10%
|
|
CIBC
Non-redeemable GIC
|
2.70%
|
2.75%
|
2.85%
|
3.00%
|
3.10%
|
|
TD
Non-redeemable GIC
|
2.70%
|
2.80%
|
2.85%
|
2.90%
|
3.10%
|
|
RBC
Non-redeemable GIC
|
2.45%
|
2.55%
|
2.55%
|
2.70%
|
2.75%
|
|
Scotiabank
Non-redeemable GIC
|
2.45%
|
2.50%
|
2.60%
|
2.70%
|
2.75%
|
How to read this table: rates shown are annual percentage rates for the standard CAD non-redeemable GIC products tracked by RateCompute. Availability, minimum deposits and eligibility can vary by institution.
Rates can change without notice. Confirm the current rate, product terms and deposit-insurance eligibility with the financial institution before investing.
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