The best short-term GIC rates overall as of Apr. 23, 2025. 30-day GIC: 2.25% (BMO, RBC, Scotiabank and TD Bank) 60-day GIC: 2.71% (Bridgewater Bank) 90-day GIC: 3.00% (Tangerine) 120-day GIC: 3.75% (Saven Financial) 180-day GIC: 3.25% (Tangerine) 270-day GIC: 3.35% (Tang...
Current highest GIC rates in Canada Our picks for the highest fixed-rate, non-redeemable GIC interest rates as of Apr. 23, 2025, are: 1-year GIC rate: 3.70% (WealthONE Bank of Canada) 2-year GIC rate: 3.65% (MCAN and WealthONE Bank of Canada) 3-year GIC rate: 3.65% (MCAN and...
1. EQ Bank Tax-Free Savings Account (TFSA) GIC Rates EQ Bank is the online banking arm of Equitable Bank, a Schedule I bank that has been around for over 40 years. Equitable Bank is CDIC-insured, meaning your deposits are protected for up to $100,000 per category. EQ Bank’s GIC ...
The Royal Bank of Canada, or RBC, offers a wide variety of guaranteed investment certificates, including non-redeemable, cashable and market-linked GICs with terms ranging from 30 days to 10 years. The minimum deposit for an RBC GIC starts at $500. RBC’s current GIC rates Below are inter...
Starting at $500 Yes, by the Canada Deposit Insurance Corporation. Alternatively, you could consider a GIC from an online bank, as they often offer higher interest rates and lower minimum deposit requirements than traditional banks. You may consider: EQ Bank GICs. Simplii Financial GICs. Tangerine...
Starting at $500 Yes, by the Canada Deposit Insurance Corporation. Digital banks typically have higher interest rates and low minimum balance requirements for GICs than the traditional financial institutions, for example: EQ Bank GICsoften offer higher standard GIC rates. ...
EQ Bankoffers similar rates and a variety of GIC terms, ranging from 90 days to 10 years, available as non-registered investments or eligible to be held in RRSPs or TFSAs. Motive Financialalso offers non-registered, TFSA and RRSP GICs for 1- to 10-year terms, but at a higher minimum...
If you want a GIC from a different bank and are looking for thebest GIC ratespossible. There does not tend to be much variability in interest rates between the GICs offered at Canada’sBig Six banks. However, each bank periodically has its own promotions and special offers that may be of...
Motive Financial GICs offer competitive interest rates in registered and non-registered plans, though at a steep minimum deposit requirement than other online banks.
Starting at $500 Yes, by the Canada Deposit Insurance Corporation. You may want to compare GICs from online banks that have higher interest rates and lower minimum deposit requirements than traditional banks. EQ Bank GICs. Simplii Financial GICs. Tangerine Bank GICs. For more options, you can ...