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Peoples Bank of Canada GIC rates
Schedule I Bank
A Vancouver-based Schedule I bank with an unusually deep short-term ladder starting at 30 days.
Rates verified nightly
· re-checked against Peoples Bank of Canada's own site
· last check Aug 25, 2026
Best rate
3.45%
todayRates published
22
across 1 productTerms
30 days – 5 years
Minimum deposit
$1,000
At a glance
Deposit protection
$100,000
CDIC (federal) · insured under Peoples Bank of CanadaHow to buy
Online, Phone, Deposit Broker
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 Peoples Bank of Canada
Every GIC Peoples Bank of Canada currently offers, with the rate range each one pays.
Peoples Bank GIC
1.20% – 3.45%
Terms 30 days – 5 years · min $1,000Short terms from 30 days and long terms to 5 years, with separate RRSP and TFSA tables.
Peoples Bank of Canada rate table
Filter by account type, term and deposit — every number below is from the published rate table.
Filter 22 offers
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Any term
All GIC types
$
Canadian dollars
Best rate in this view
3.45%
Peoples Bank GIC · 5 years
Rates published
22
Interest on $10,000
$1,725
over the 5 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 0.20 points more than 1 year.
Peoples Bank of Canada
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 | |
|---|---|---|---|---|
Peoples Bank GIC Non-redeemable · Annual · min $1,000 | 5 years | 3.45% | $11,725 +$1,725 | |
Peoples Bank GIC Non-redeemable · RRSP · Annual · min $1,000 | 5 years | 3.45% | $11,725 +$1,725 | |
Peoples Bank GIC Non-redeemable · TFSA · Annual · min $1,000 | 5 years | 3.45% | $11,725 +$1,725 | |
Peoples Bank GIC Non-redeemable · Annual · min $1,000 | 1 year | 3.25% | $10,325 +$325 | |
Peoples Bank GIC Non-redeemable · Annual · min $1,000 | 3 years | 3.25% | $10,975 +$975 | |
Peoples Bank GIC Non-redeemable · Annual · min $1,000 | 4 years | 3.25% | $11,300 +$1,300 | |
Peoples Bank GIC Non-redeemable · RRSP · Annual · min $1,000 | 1 year | 3.25% | $10,325 +$325 | |
Peoples Bank GIC Non-redeemable · RRSP · Annual · min $1,000 | 3 years | 3.25% | $10,975 +$975 | |
Peoples Bank GIC Non-redeemable · RRSP · Annual · min $1,000 | 4 years | 3.25% | $11,300 +$1,300 | |
Peoples Bank GIC Non-redeemable · TFSA · Annual · min $1,000 | 1 year | 3.25% | $10,325 +$325 | |
Peoples Bank GIC Non-redeemable · TFSA · Annual · min $1,000 | 3 years | 3.25% | $10,975 +$975 | |
Peoples Bank GIC Non-redeemable · TFSA · Annual · min $1,000 | 4 years | 3.25% | $11,300 +$1,300 | |
Peoples Bank GIC Non-redeemable · Annual · min $1,000 | 2 years | 3.00% | $10,600 +$600 | |
Peoples Bank GIC Non-redeemable · RRSP · Annual · min $1,000 | 2 years | 3.00% | $10,600 +$600 | |
Peoples Bank GIC Non-redeemable · TFSA · Annual · min $1,000 | 2 years | 3.00% | $10,600 +$600 | |
Peoples Bank GIC Non-redeemable · Annual · min $1,000 | 15 months | 2.90% | $10,362 +$362 | |
Peoples Bank GIC Non-redeemable · At maturity · min $1,000 | 270 days | 2.50% | $10,187 +$187 | |
Peoples Bank GIC Non-redeemable · At maturity · min $1,000 | 180 days | 2.300% | $10,114 +$114 | |
Peoples Bank GIC Non-redeemable · At maturity · min $1,000 | 120 days | 2.050% | $10,068 +$68 | |
Peoples Bank GIC Non-redeemable · At maturity · min $1,000 | 90 days | 1.90% | $10,047 +$47 | |
Peoples Bank GIC Non-redeemable · At maturity · min $1,000 | 60 days | 1.50% | $10,025 +$25 | |
Peoples Bank GIC Non-redeemable · At maturity · min $1,000 | 30 days | 1.20% | $10,010 +$10 |