BMO GIC rates

Deposits issued by Bank of Montreal

Big Six Bank

Visit BMO

BMO posts the strongest big-bank long-term rates, running out to a full 10-year term.

Rates verified nightly

· re-checked against BMO's own site

· last check Oct 10, 2026

Best rate

3.35%

today

Rates published

across 2 products

Terms

30 days – 10 years

Minimum deposit

$1,000

At a glance

Deposit protection

$100,000

CDIC (federal) · insured under Bank of Montreal

How to buy

Online, Mobile App, Branch, Phone, Financial Advisor

Where it's available

Across Canada

Good to know

CDIC covers eligible deposits up to $100,000 per insured category, per member institution. Registered and non-registered deposits are separate categories. Terms longer than 5 years are not CDIC-insured.

GIC products from BMO

Every GIC BMO currently offers, with the rate range each one pays.

BMO Non-Cashable GIC

Non-redeemable

1.75% – 3.35%

Terms 30 days – 10 years · min $1,000

BMO's core locked-in GIC, with terms from 1 to 10 years and a separate short-term table.

BMO Rate Riser GIC

Step-up

2.90% – 3.15%

Terms 3 years – 5 years · min $1,000

A step-up GIC whose rate climbs each year — 3.90% in year five on the 5-year term.

BMO rate table

Filter by account type, term and deposit — every number below is from the published rate table.

Filter 29 offers

Your situation

Deposit amount

$5k

$10k

$25k

$50k

$100k

Account type

Term

Any term

Under 1 year

1 year

18 months

2 years

3 years

4 years

5 years

Over 5 years

Product

GIC type

Currency

Options

Unlimited coverage

Cashable early

Promos only

Any term

Under 1 year

1 year

18 months

2 years

3 years

4 years

5 years

Over 5 years

Account type

Deposit

Best rate in this view

3.35%

BMO Non-Cashable GIC · 10 years

Rates published

Interest on $10,000

$3,350

over the 10 years term

How rates change with term length

Each line is one institution's best posted rate at that term — the 1 most competitive in this view.

Locking in for 5 years currently pays up to 0.45 points more than 1 year.

BMO

Every published rate

Projected 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.

Product	Term	Rate	Value on $10,000
BMO Non-Cashable GIC Non-redeemable · Annual · min $1,000	10 years	3.35%	$13,350 +$3,350
BMO Non-Cashable GIC Non-redeemable · Annual · min $1,000	7 years	3.30%	$12,310 +$2,310
BMO Non-Cashable GIC Non-redeemable · Annual · min $1,000	6 years	3.25%	$11,950 +$1,950
BMO Non-Cashable GIC Non-redeemable · Monthly · min $1,000	10 years	3.25%	$13,250 +$3,250
BMO Non-Cashable GIC Non-redeemable · Monthly · min $1,000	7 years	3.20%	$12,240 +$2,240
BMO Non-Cashable GIC Non-redeemable · Monthly · min $1,000	6 years	3.15%	$11,890 +$1,890
BMO Rate Riser GIC Step-up · Annual · min $1,000	5 years	3.15%	$11,575 +$1,575
BMO Non-Cashable GIC Non-redeemable · Annual · min $1,000	5 years	3.10%	$11,550 +$1,550
BMO Non-Cashable GIC Non-redeemable · Annual · min $1,000	4 years	3.00%	$11,200 +$1,200
BMO Non-Cashable GIC Non-redeemable · Monthly · min $1,000	5 years	3.00%	$11,500 +$1,500
BMO Non-Cashable GIC Non-redeemable · Monthly · min $1,000	4 years	2.90%	$11,160 +$1,160
BMO Rate Riser GIC Step-up · Annual · min $1,000	3 years	2.90%	$10,870 +$870
BMO Non-Cashable GIC Non-redeemable · Annual · min $1,000	18 months	2.85%	$10,428 +$428
BMO Non-Cashable GIC Non-redeemable · Annual · min $1,000	19 months	2.85%	$10,451 +$451
BMO Non-Cashable GIC Non-redeemable · Annual · min $1,000	3 years	2.85%	$10,855 +$855
BMO Non-Cashable GIC Non-redeemable · Annual · min $1,000	2 years	2.75%	$10,550 +$550
BMO Non-Cashable GIC Non-redeemable · Monthly · min $1,000	18 months	2.75%	$10,413 +$413
BMO Non-Cashable GIC Non-redeemable · Monthly · min $1,000	19 months	2.75%	$10,435 +$435
BMO Non-Cashable GIC Non-redeemable · Monthly · min $1,000	3 years	2.75%	$10,825 +$825
BMO Non-Cashable GIC Non-redeemable · Annual · min $1,000	1 year	2.70%	$10,270 +$270
BMO Non-Cashable GIC Non-redeemable · Monthly · min $1,000	2 years	2.65%	$10,530 +$530
BMO Non-Cashable GIC Non-redeemable · Monthly · min $1,000	1 year	2.60%	$10,260 +$260
BMO Non-Cashable GIC Non-redeemable · At maturity · min $1,000	180 days	2.050%	$10,102 +$102
BMO Non-Cashable GIC Non-redeemable · At maturity · min $1,000	270 days	2.050%	$10,153 +$153
BMO Non-Cashable GIC Non-redeemable · At maturity · min $1,000	30 days	1.75%	$10,014 +$14

Read our full Bank of Montreal (BMO) review

Accounts, service, fees and how it compares beyond GICs.