Scotiabank’s GIC rates range from 3.000% to 3.250% for non-redeemable GICs (compounded annually). The minimum deposit is $500. 1-year TFSA GIC rate: 3.250% 11. BMO GIC Rates Bank of Montreal is one of the largest banks in Canada. Their GIC rates range from 3.000% to 3.600% for 1-...
RBC also offers Special GIC Rates. These are special promotions on RBC GICs that have a set term. They can be both cashable and non-redeemable. RBC GIC terms From 1 day to 20 years, RBC GICs offer quite a bit of term flexibility, depending on your investment goals. Generally, you shou...
Dive deeper: Where to find the best GIC rates in Canada HISA vs. RRSP RRSP stands for registered retirement savings plan. This type of plan allows you to make tax-deductible contributions, reducing your annual taxable income. You also don’t pay any tax on the interest or investment income...
Innovative digital banks are at the forefront, introducing hybrid accounts that blend the prime features of chequing accounts with the interest rates typically associated with the best high interest savings accounts. Our top selection for the premier chequing account in Canada hails from EQ Bank, ...
Dive deeper:Where to find the best GIC rates in Canada HISA vs. RRSP RRSP stands for registered retirement savings plan. This type of plan allows you to make tax-deductible contributions, reducing your annual taxable income. You also don’t pay any tax on the interest or investment income ...