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Simplii Financial GIC rates
Deposits issued by Canadian Imperial Bank of CommerceOnline / Direct Bank
CIBC's direct bank, quoting both an annual rate and an annual percentage yield on every term.
Rates verified nightly
· re-checked against Simplii Financial's own site
· last check Aug 25, 2026
Best rate
3.591%
todayRates published
10
across 1 productTerms
1 year – 5 years
Minimum deposit
$100
At a glance
Deposit protection
$100,000
CDIC (federal) · insured under Canadian Imperial Bank of CommerceHow to buy
Online, Mobile App, Phone
Where it's available
Across Canada
Good to know
Simplii Financial is a division of CIBC. Deposits at Simplii and CIBC share one $100,000 CDIC limit per insured category because they are the same member institution.
GIC products from Simplii Financial
Every GIC Simplii Financial currently offers, with the rate range each one pays.
Simplii Financial GIC
2.863% – 3.591%
Terms 1 year – 5 years · min $100Non-registered and registered GICs on one rate table, up to 3.591% on a 5-year term.
Simplii Financial rate table
Filter by account type, term and deposit — every number below is from the published rate table.
Filter 10 offers
All account types
Any term
All GIC types
$
Canadian dollars
Best rate in this view
3.591%
Simplii Financial GIC · 5 years
Rates published
10
Interest on $10,000
$1,796
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 0.73 points more than 1 year.
Simplii Financial
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 | |
|---|---|---|---|---|
Simplii Financial GIC Non-redeemable · Annual · min $100 | 5 years | 3.591% | $11,796 +$1,796 | |
Simplii Financial GIC Non-redeemable · Registered · Annual · min $100 | 5 years | 3.591% | $11,796 +$1,796 | |
Simplii Financial GIC Non-redeemable · Annual · min $100 | 4 years | 3.494% | $11,398 +$1,398 | |
Simplii Financial GIC Non-redeemable · Registered · Annual · min $100 | 4 years | 3.494% | $11,398 +$1,398 | |
Simplii Financial GIC Non-redeemable · Annual · min $100 | 3 years | 3.155% | $10,946 +$946 | |
Simplii Financial GIC Non-redeemable · Registered · Annual · min $100 | 3 years | 3.155% | $10,946 +$946 | |
Simplii Financial GIC Non-redeemable · Annual · min $100 | 2 years | 2.96% | $10,592 +$592 | |
Simplii Financial GIC Non-redeemable · Registered · Annual · min $100 | 2 years | 2.96% | $10,592 +$592 | |
Simplii Financial GIC Non-redeemable · Annual · min $100 | 1 year | 2.863% | $10,286 +$286 | |
Simplii Financial GIC Non-redeemable · Registered · Annual · min $100 | 1 year | 2.863% | $10,286 +$286 |