Working hard in the background...
Scotiabank GIC rates
Deposits issued by The Bank of Nova ScotiaBig Six Bank
Scotiabank publishes separate rate columns for annual, semi-annual and monthly payout, plus a broad market-linked lineup.
Rates verified nightly
· re-checked against Scotiabank's own site
· last check Aug 25, 2026
Best rate
2.75%
todayRates published
29
across 4 productsTerms
30 days – 5 years
Minimum deposit
$500
At a glance
Deposit protection
$100,000
CDIC (federal) · insured under The Bank of Nova ScotiaHow 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 Scotiabank
Every GIC Scotiabank currently offers, with the rate range each one pays.
Scotiabank Non-Redeemable GIC
2.00% – 2.75%
Terms 30 days – 5 years · min $500Scotiabank's core locked-in GIC, with short terms from 30 days and long terms to 5 years.
Scotiabank Guaranteed Income Optimizer
2.450% – 2.75%
Terms 1 year – 5 years · min $500A locked-in GIC structured to pay out a regular income.
Scotiabank Market Linked GIC
Market-linked return
Principal-protected GICs whose return tracks a Canadian or US equity index.
Scotiabank Regular Cashable GIC
Cashable
1.90%
Terms 1 year · min $500Cashable any time after 30 days with no interest penalty.
Scotiabank rate table
Filter by account type, term and deposit — every number below is from the published rate table.
Filter 29 offers
All account types
Any term
All GIC types
$
Canadian dollars
Best rate in this view
2.75%
Scotiabank Non-Redeemable GIC · 5 years
Rates published
29
Interest on $10,000
$1,375
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 0.30 points more than 1 year.
Scotiabank
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 | |
|---|---|---|---|---|
Scotiabank Non-Redeemable GIC Non-redeemable · Annual · min $500 | 5 years | 2.75% | $11,375 +$1,375 | |
Scotiabank Guaranteed Income Optimizer Non-redeemable · Annual · min $500 | 5 years | 2.75% | $11,375 +$1,375 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Annual · min $500 | 4 years | 2.70% | $11,080 +$1,080 | |
Scotiabank Guaranteed Income Optimizer Non-redeemable · Annual · min $500 | 4 years | 2.70% | $11,080 +$1,080 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Semi-annual · min $500 | 5 years | 2.67% | $11,335 +$1,335 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Monthly · min $500 | 5 years | 2.65% | $11,325 +$1,325 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Semi-annual · min $500 | 4 years | 2.62% | $11,048 +$1,048 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Annual · min $500 | 3 years | 2.60% | $10,780 +$780 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Monthly · min $500 | 4 years | 2.60% | $11,040 +$1,040 | |
Scotiabank Guaranteed Income Optimizer Non-redeemable · Annual · min $500 | 3 years | 2.60% | $10,780 +$780 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Semi-annual · min $500 | 3 years | 2.52% | $10,756 +$756 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Annual · min $500 | 18 months | 2.50% | $10,375 +$375 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Annual · min $500 | 2 years | 2.50% | $10,500 +$500 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Monthly · min $500 | 3 years | 2.50% | $10,750 +$750 | |
Scotiabank Guaranteed Income Optimizer Non-redeemable · Annual · min $500 | 2 years | 2.50% | $10,500 +$500 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Annual · min $500 | 1 year | 2.450% | $10,245 +$245 | |
Scotiabank Guaranteed Income Optimizer Non-redeemable · Annual · min $500 | 1 year | 2.450% | $10,245 +$245 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Semi-annual · min $500 | 2 years | 2.42% | $10,484 +$484 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Monthly · min $500 | 2 years | 2.40% | $10,480 +$480 | |
Scotiabank Non-Redeemable GIC Non-redeemable · At maturity · min $500 | 270 days | 2.40% | $10,179 +$179 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Semi-annual · min $500 | 1 year | 2.37% | $10,237 +$237 | |
Scotiabank Non-Redeemable GIC Non-redeemable · Monthly · min $500 | 1 year | 2.35% | $10,235 +$235 | |
Scotiabank Non-Redeemable GIC Non-redeemable · At maturity · min $500 | 180 days | 2.300% | $10,114 +$114 | |
Scotiabank Non-Redeemable GIC Non-redeemable · At maturity · min $500 | 90 days | 2.200% | $10,055 +$55 | |
Scotiabank Non-Redeemable GIC Non-redeemable · At maturity · min $500 | 120 days | 2.200% | $10,073 +$73 |