Rates verified nightly
· re-checked against every institution's own site
· last check Oct 10, 2026
Compare GIC rates in Canada
1,109 rates from 29 institutions — an automated check re-reads every institution's rate page each night, so what you see here matches what the banks are offering right now.
Filter 103 offers
$
$
3.25%
EQ Bank · 9 months
103
across 18 institutions
$244
over the 9 months term
How rates change with term length
Each line is one institution's best posted rate at that term — the 5 most competitive in this view.
Locking in for 5 years currently pays up to 0.50 points more than 1 year.
Best available rate by institution
The single highest rate each institution posts within your current filter.
Best rate at each institution
18 offers shownProjected value assumes a $10,000 deposit held to maturity. GICs that pay interest out monthly or annually are shown with simple interest; only compounding terms accrue on themselves.
| Institution | Product | Term | Rate | Value on $10,000 | |
|---|---|---|---|---|---|
 EQ Bank Insured to $100,000 | EQ Bank GIC Non-redeemable · At maturity · min $100 | 9 months | 3.25% | $10,243 +$243 | |
 Haventree Bank Insured to $100,000 | Haventree Bank GIC Non-redeemable · At maturity · min $1,000 | 9 months | 3.25% | $10,243 +$243 | |
.png) Tangerine Insured to $100,000 | Tangerine Guaranteed Investment Non-redeemable · At maturity | 270 days | 3.25% | $10,243 +$243 | |
 Saven Financial Insured to $250,000 | Saven Financial GIC Non-redeemable · Annual · min $1,000 | 4 months | 3.20% | $10,107 +$107 | |
 ICICI Bank Canada Insured to $100,000 | ICICI Bank Non-Redeemable GIC Non-redeemable · Compound · min $1,000 | 9 months | 2.80% | $10,209 +$209 | |
 Meridian Credit Union Insured to $250,000 | Meridian Fixed-Rate GIC Non-redeemable · At maturity · min $500 | 270 days | 2.70% | $10,202 +$202 | |
 Oaken Financial Insured to $100,000 | Oaken Short-Term GIC Non-redeemable · At maturity · min $1,000 | 270 days | 2.70% | $10,202 +$202 | |
 CIBC Insured to $100,000 | CIBC Bonus Rate GIC Non-redeemable · At maturity · min $1,000 | 270 days | 2.60% | $10,194 +$194 | |
 Coast Capital Savings Insured to $100,000 | Coast Capital Non-Redeemable GIC Non-redeemable · At maturity · min $500 | 9 months | 2.60% | $10,194 +$194 | |
 Laurentian Bank Insured to $100,000 | Laurentian Bank GIC Non-redeemable · At maturity · min $500 | 9 months | 2.60% | $10,194 +$194 | |
 Bridgewater Bank Insured to $100,000 | Bridgewater Bank GIC Non-redeemable · At maturity · min $5,000 | 270 days | 2.54% | $10,190 +$190 | |
 ATB Financial Unlimited coverage | ATB Non-Redeemable GIC Non-redeemable · At maturity · min $1,000 | 180 days | 2.50% | $10,124 +$124 | |
 Peoples Bank of Canada Insured to $100,000 | Peoples Bank GIC Non-redeemable · At maturity · min $1,000 | 270 days | 2.50% | $10,187 +$187 | |
 RBC Royal Bank Insured to $100,000 | RBC Non-Redeemable GIC Non-redeemable · At maturity · min $500 | 90 days | 2.40% | $10,059 +$59 | |
 Scotiabank Insured to $100,000 | Scotiabank Non-Redeemable GIC Non-redeemable · At maturity · min $500 | 270 days | 2.40% | $10,179 +$179 | |
 Desjardins Insured to $100,000 | Desjardins Term Savings Non-redeemable · At maturity · min $1,000 | 270 days | 2.300% | $10,172 +$172 | |
 BMO Insured to $100,000 | BMO Non-Cashable GIC Non-redeemable · At maturity · min $1,000 | 180 days | 2.050% | $10,102 +$102 | |
 TD Canada Trust Insured to $100,000 | TD Cashable GIC Promo Cashable · At maturity · min $500 | 100 days | 1.80% | $10,045 +$45 |
Browse GIC rates by institution
Every institution's full rate table, deposit protection and purchase options on one page.
Best rate 4.45% · 29 offers
CDIC (federal) — $100,000Best rate 4.900% · 82 offers
FSRA (Ontario credit unions) — $250,000How we source these rates
Rates come from each institution's own published rate page — never from a third-party aggregator. An automated job re-reads those same pages every night, compares what it finds against what we display, and updates any rate that has moved. Changes are logged with the date and the source URL.
Where an institution publishes different rates for different interest-payment frequencies, each is listed separately: a GIC that pays monthly almost always pays a lower rate than the same term compounded to maturity, and comparing across the two is not like for like.
Deposit protection is not uniform. CDIC covers eligible deposits to $100,000 per insured category per member institution, while most provincial credit-union schemes in Manitoba, British Columbia, Saskatchewan and Alberta guarantee deposits in full with no limit. Brands can also share a single CDIC member — deposits at EQ Bank and Equitable Bank count against one limit, as do Simplii and CIBC.
Rates change without notice and promotional offers can be withdrawn at any time. Always confirm the rate with the institution before investing.