GIC rates as of February 6th, 2023
Rates vary daily and may not be accurate.
| Financial Institution | Compound Frequency |
Payment Frequency |
Redeem- able |
Redeemable Term |
Minimum Deposit |
Term In Years | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | ||||||
| B2B Bank | N | E | no | 1,000 | 4.6400 | – | – | – | – | – | |
| N | E | no | 5,000 | 4.6400 | – | – | – | – | – | ||
| N | E | no | 25,000 | 4.6400 | – | – | – | – | – | ||
| N | A | no | 1,000 | 4.6400 | 4.2500 | 4.1000 | 4.0000 | 3.9500 | – | ||
| N | S | no | 1,000 | 4.3900 | 4.0000 | 3.8500 | 3.7500 | 3.7000 | – | ||
| N | Q | no | 1,000 | 4.2650 | 3.8750 | 3.7250 | 3.6250 | 3.5750 | – | ||
| N | M | no | 10,000 | 4.2650 | 3.8750 | 3.7250 | 3.6250 | 3.5750 | – | ||
| A | E | no | 1,000 | 4.6400 | 4.2500 | 4.1000 | 4.0000 | 3.9500 | – | ||
| BMO Mortgage Corp. | N | A | cashable | 30 days | 5,000 | 4.0500 | – | – | – | – | – |
| N | A | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | 4.2000 | ||
| N | S | no | 1,000 | 4.7000 | 4.2500 | 4.0500 | 3.9500 | 3.9000 | 4.1000 | ||
| N | M | no | 1,000 | 4.6500 | 4.2000 | 4.0000 | 3.9000 | 3.8500 | 4.0500 | ||
| A | E | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | 4.2000 | ||
| BMO Trust | N | A | cashable | 30 days | 5,000 | 4.0500 | – | – | – | – | – |
| N | A | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | 4.2000 | ||
| N | S | no | 1,000 | 4.7000 | 4.2500 | 4.0500 | 3.9500 | 3.9000 | 4.1000 | ||
| N | M | no | 1,000 | 4.6500 | 4.2000 | 4.0000 | 3.9000 | 3.8500 | 4.0500 | ||
| A | E | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | 4.2000 | ||
| Bank of Montreal | N | A | cashable | 30 days | 5,000 | 4.0500 | – | – | – | – | – |
| N | A | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | 4.2000 | ||
| N | S | no | 1,000 | 4.7000 | 4.2500 | 4.0500 | 3.9500 | 3.9000 | 4.1000 | ||
| N | M | no | 1,000 | 4.6500 | 4.2000 | 4.0000 | 3.9000 | 3.8500 | 4.0500 | ||
| A | E | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | 4.2000 | ||
| Bank of Nova Scotia Agt | N | A | cashable | 30 days | 1,000 | 3.8500 | – | – | – | – | – |
| N | A | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | – | ||
| N | S | no | 1,000 | 4.7250 | 4.2750 | 4.0750 | 3.9750 | 3.9250 | – | ||
| N | M | no | 5,000 | 4.6750 | 4.2250 | 4.0250 | 3.9250 | 3.8750 | – | ||
| A | E | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | – | ||
| Bridgewater Bank | N | A | cashable | 30 days | 5,000 | 3.8500 | – | – | – | – | – |
| N | A | no | 5,000 | 4.8500 | 4.3900 | 4.2300 | 4.1100 | 4.0800 | – | ||
| N | M | no | 5,000 | 4.6000 | 4.1400 | 3.9800 | 3.8600 | 3.8300 | – | ||
| A | E | no | 5,000 | 4.8500 | 4.3900 | 4.2300 | 4.1100 | 4.0800 | – | ||
| Coast Capital Svgs Agt. | N | A | cashable | 30 days | 5,000 | .2500 | – | – | – | – | – |
| A | E | cashable | 90 days | 5,000 | .3500 | – | – | – | – | – | |
| N | A | no | 5,000 | 4.8500 | 4.4000 | 4.2000 | 4.1500 | 4.1000 | – | ||
| N | A | no | 100,000 | 4.8500 | 4.4000 | 4.2000 | 4.1500 | 4.1000 | – | ||
| N | S | no | 10,000 | 4.8500 | 4.4000 | 4.2000 | 4.1500 | 4.1000 | – | ||
| N | S | no | 100,000 | 4.8500 | 4.4000 | 4.2000 | 4.1500 | 4.1000 | – | ||
| N | Q | no | 10,000 | 4.8500 | 4.4000 | 4.2000 | 4.1500 | 4.1000 | – | ||
| N | Q | no | 100,000 | 4.8500 | 4.4000 | 4.2000 | 4.1500 | 4.1000 | – | ||
| N | M | no | 10,000 | 4.8500 | 4.4000 | 4.2000 | 4.1500 | 4.1000 | – | ||
| N | M | no | 100,000 | 4.8500 | 4.4000 | 4.2000 | 4.1500 | 4.1000 | – | ||
| A | E | no | 5,000 | 4.8500 | 4.4000 | 4.2000 | 4.1500 | 4.1000 | – | ||
| A | E | no | 100,000 | 4.8500 | 4.4000 | 4.2000 | 4.1500 | 4.1000 | – | ||
| Community Trust | N | A | no | 5,000 | 4.7000 | 4.1000 | 3.9000 | 3.8000 | 3.8000 | – | |
| N | A | no | 50,000 | 4.8000 | 4.2000 | 4.0000 | 3.9000 | 3.9000 | – | ||
| N | S | no | 5,000 | 4.4500 | 3.8500 | 3.6500 | 3.5500 | 3.5500 | – | ||
| N | S | no | 50,000 | 4.5500 | 3.9500 | 3.7500 | 3.6500 | 3.6500 | – | ||
| N | M | no | 7,500 | 4.2000 | 3.6000 | 3.4000 | 3.3000 | 3.3000 | – | ||
| N | M | no | 50,000 | 4.3000 | 3.7000 | 3.5000 | 3.4000 | 3.4000 | – | ||
| A | E | no | 5,000 | 4.7000 | 4.1000 | 3.9000 | 3.8000 | 3.8000 | – | ||
| A | E | no | 50,000 | 4.8000 | 4.2000 | 4.0000 | 3.9000 | 3.9000 | – | ||
| Concentra Bank | N | A | cashable | 30 days | 5,000 | 2.0000 | – | – | – | – | – |
| N | A | no | 5,000 | 4.8500 | 4.4100 | 4.2400 | 4.1400 | 4.0900 | – | ||
| A | E | no | 5,000 | 4.8500 | 4.4100 | 4.2400 | 4.1400 | 4.0900 | – | ||
| Effort Trust | N | A | no | 1,000 | 4.7500 | 4.0000 | 4.0100 | 4.0200 | 4.0300 | – | |
| N | S | no | 1,000 | 4.6500 | 3.9000 | 3.9100 | 3.9200 | 3.9300 | – | ||
| N | M | no | 1,000 | 4.5500 | 3.8000 | 3.8100 | 3.8200 | 3.8300 | – | ||
| A | E | no | 1,000 | 4.7500 | 4.0000 | 4.0100 | 4.0200 | 4.0300 | – | ||
| Equitable Bank | N | A | no | 1,000 | 4.8500 | 4.4100 | 4.2400 | 4.1400 | 4.0900 | 3.9500 | |
| N | S | no | 1,000 | 4.8100 | 4.3700 | 4.2000 | 4.1000 | 4.0500 | 3.9100 | ||
| N | Q | no | 1,000 | 4.7800 | 4.3400 | 4.1700 | 4.0700 | 4.0200 | 3.8800 | ||
| N | M | no | 1,000 | 4.7600 | 4.3200 | 4.1500 | 4.0500 | 4.0000 | 3.8600 | ||
| A | E | no | 1,000 | 4.8500 | 4.4100 | 4.2400 | 4.1400 | 4.0900 | 3.9500 | ||
| Equitable Bank | N | A | cashable | 30 days | 1,000 | 2.0000 | – | – | – | – | – |
| Equitable Trust | N | A | cashable | 30 days | 1,000 | 2.0000 | – | – | – | – | – |
| N | A | no | 1,000 | 4.8500 | 4.4100 | 4.2400 | 4.1400 | 4.0900 | 3.9500 | ||
| N | S | no | 1,000 | 4.8100 | 4.3700 | 4.2000 | 4.1000 | 4.0500 | 3.9100 | ||
| N | Q | no | 1,000 | 4.7800 | 4.3400 | 4.1700 | 4.0700 | 4.0200 | 3.8800 | ||
| N | M | no | 1,000 | 4.7600 | 4.3200 | 4.1500 | 4.0500 | 4.0000 | 3.8600 | ||
| A | E | no | 1,000 | 4.8500 | 4.4100 | 4.2400 | 4.1400 | 4.0900 | 3.9500 | ||
| FirstOntario CU | N | A | no | 5,000 | 4.8500 | 4.4000 | 4.2500 | 4.1500 | 4.1000 | – | |
| A | E | no | 5,000 | 4.8500 | 4.4000 | 4.2500 | 4.1500 | 4.1000 | – | ||
| General Bank of Canada | N | A | no | 5,000 | 4.6600 | 4.3600 | 4.2100 | 4.1100 | 4.0600 | – | |
| A | E | no | 5,000 | 4.6600 | 4.3600 | 4.2100 | 4.1100 | 4.0600 | – | ||
| Haventree Bank | N | A | no | 5,000 | 4.8300 | 4.2000 | 4.0000 | 3.8500 | 3.8500 | – | |
| N | S | no | 5,000 | 4.7300 | 4.1000 | 3.9000 | 3.7500 | 3.7500 | – | ||
| N | M | no | 5,000 | 4.6300 | 4.0000 | 3.8000 | 3.6500 | 3.6500 | – | ||
| A | E | no | 5,000 | 4.8300 | 4.2000 | 4.0000 | 3.8500 | 3.8500 | – | ||
| Home Bank – Agent | N | A | cashable | 30 days | 5,000 | 4.0500 | – | – | – | – | – |
| N | A | no | 5,000 | 4.8600 | 4.4000 | 4.2500 | 4.1500 | 4.1000 | – | ||
| N | S | no | 5,000 | 4.8100 | 4.3500 | 4.2000 | 4.1000 | 4.0500 | – | ||
| N | M | no | 5,000 | 4.7600 | 4.3000 | 4.1500 | 4.0500 | 4.0000 | – | ||
| A | E | no | 5,000 | 4.8600 | 4.4000 | 4.2500 | 4.1500 | 4.1000 | – | ||
| Home Trust Company-Agent | N | A | cashable | 30 days | 5,000 | 4.0500 | – | – | – | – | – |
| N | A | no | 5,000 | 4.8600 | 4.4000 | 4.2500 | 4.1500 | 4.1000 | – | ||
| N | S | no | 5,000 | 4.8100 | 4.3500 | 4.2000 | 4.1000 | 4.0500 | – | ||
| N | M | no | 5,000 | 4.7600 | 4.3000 | 4.1500 | 4.0500 | 4.0000 | – | ||
| A | E | no | 5,000 | 4.8600 | 4.4000 | 4.2500 | 4.1500 | 4.1000 | – | ||
| ICICI Bank Canada | N | A | no | 1,000 | 4.6300 | 4.3800 | 4.0500 | 4.0500 | 4.0000 | – | |
| A | E | no | 1,000 | 4.6300 | 4.3800 | 4.0500 | 4.0500 | 4.0000 | – | ||
| Innovation Credit Union | N | A | cashable | 90 days | 1,000 | .8000 | – | – | – | – | – |
| N | A | no | 1,000 | 4.6500 | 4.3400 | 4.3100 | 4.0500 | 4.1500 | – | ||
| A | E | no | 1,000 | 4.6500 | 4.3400 | 4.3100 | 4.0500 | 4.1500 | – | ||
| LBC Trust | N | E | no | 1,000 | 4.6400 | – | – | – | – | – | |
| N | E | no | 5,000 | 4.6400 | – | – | – | – | – | ||
| N | E | no | 25,000 | 4.6400 | – | – | – | – | – | ||
| N | A | no | 1,000 | 4.6400 | 4.2500 | 4.1000 | 4.0000 | 3.9500 | – | ||
| N | S | no | 1,000 | 4.3900 | 4.0000 | 3.8500 | 3.7500 | 3.7000 | – | ||
| N | Q | no | 1,000 | 4.2650 | 3.8750 | 3.7250 | 3.6250 | 3.5750 | – | ||
| N | M | no | 10,000 | 4.2650 | 3.8750 | 3.7250 | 3.6250 | 3.5750 | – | ||
| A | E | no | 1,000 | 4.6400 | 4.2500 | 4.1000 | 4.0000 | 3.9500 | – | ||
| Laurentian Bk Agent Ser | N | E | no | 1,000 | 4.6400 | – | – | – | – | – | |
| N | E | no | 5,000 | 4.6400 | – | – | – | – | – | ||
| N | E | no | 25,000 | 4.6400 | – | – | – | – | – | ||
| N | A | no | 1,000 | 4.6400 | 4.2500 | 4.1000 | 4.0000 | 3.9500 | – | ||
| N | S | no | 1,000 | 4.3900 | 4.0000 | 3.8500 | 3.7500 | 3.7000 | – | ||
| N | Q | no | 1,000 | 4.2650 | 3.8750 | 3.7250 | 3.6250 | 3.5750 | – | ||
| N | M | no | 10,000 | 4.2650 | 3.8750 | 3.7250 | 3.6250 | 3.5750 | – | ||
| A | E | no | 1,000 | 4.6400 | 4.2500 | 4.1000 | 4.0000 | 3.9500 | – | ||
| Laurentian Trust | N | E | no | 1,000 | 4.6400 | – | – | – | – | – | |
| N | E | no | 5,000 | 4.6400 | – | – | – | – | – | ||
| N | E | no | 25,000 | 4.6400 | – | – | – | – | – | ||
| N | A | no | 1,000 | 4.6400 | 4.2500 | 4.1000 | 4.0000 | 3.9500 | – | ||
| N | S | no | 1,000 | 4.3900 | 4.0000 | 3.8500 | 3.7500 | 3.7000 | – | ||
| N | Q | no | 1,000 | 4.2650 | 3.8750 | 3.7250 | 3.6250 | 3.5750 | – | ||
| N | M | no | 1,000 | 4.2650 | 3.8750 | 3.7250 | 3.6250 | 3.5750 | – | ||
| A | E | no | 1,000 | 4.6400 | 4.2500 | 4.1000 | 4.0000 | 3.9500 | – | ||
| MCAN Mortgage Corp. | N | A | no | 5,000 | 4.0000 | 4.0000 | 3.7000 | 3.7000 | 3.7000 | – | |
| A | E | no | 5,000 | 4.0000 | 4.0000 | 3.7000 | 3.7000 | 3.7000 | – | ||
| Manulife Bank | N | A | no | 2,500 | 4.5000 | 4.2000 | 4.0000 | 3.9000 | 3.9000 | – | |
| N | S | no | 2,500 | 4.4500 | 4.1500 | 3.9500 | 3.8500 | 3.8500 | – | ||
| N | M | no | 10,000 | 4.4000 | 4.1000 | 3.9000 | 3.8000 | 3.8000 | – | ||
| A | E | no | 2,500 | 4.5000 | 4.2000 | 4.0000 | 3.9000 | 3.9000 | – | ||
| Montreal Trust Agt. Ser | N | A | cashable | 30 days | 1,000 | 3.8500 | – | – | – | – | – |
| N | A | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | – | ||
| N | S | no | 1,000 | 4.7250 | 4.2750 | 4.0750 | 3.9750 | 3.9250 | – | ||
| N | M | no | 5,000 | 4.6750 | 4.2250 | 4.0250 | 3.9250 | 3.8750 | – | ||
| A | E | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | – | ||
| NatCan Trust Agent Ser. | N | A | cashable | 30 days | 5,000 | 4.0500 | – | – | – | – | – |
| N | A | no | 1,000 | 4.8500 | 4.4000 | 4.2000 | 4.0500 | 4.0500 | – | ||
| N | S | no | 1,000 | 4.7000 | 4.2500 | 4.0500 | 3.9000 | 3.9000 | – | ||
| N | M | no | 1,000 | 4.6000 | 4.1500 | 3.9500 | 3.8000 | 3.8000 | – | ||
| A | E | no | 1,000 | 4.8500 | 4.4000 | 4.2000 | 4.0500 | 4.0500 | – | ||
| National Bank Agent Ser | N | A | cashable | 30 days | 5,000 | 4.0500 | – | – | – | – | – |
| N | A | no | 1,000 | 4.8500 | 4.4000 | 4.2000 | 4.0500 | 4.0500 | – | ||
| N | S | no | 1,000 | 4.7000 | 4.2500 | 4.0500 | 3.9000 | 3.9000 | – | ||
| N | M | no | 5,000 | 4.6000 | 4.1500 | 3.9500 | 3.8000 | 3.8000 | – | ||
| A | E | no | 1,000 | 4.8500 | 4.4000 | 4.2000 | 4.0500 | 4.0500 | – | ||
| National Trust Agent S. | N | A | cashable | 30 days | 1,000 | 3.8500 | – | – | – | – | – |
| N | A | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | – | ||
| N | S | no | 1,000 | 4.7250 | 4.2750 | 4.0750 | 3.9750 | 3.9250 | – | ||
| N | M | no | 5,000 | 4.6750 | 4.2250 | 4.0250 | 3.9250 | 3.8750 | – | ||
| A | E | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | – | ||
| Peoples Trust | N | A | no | 5,000 | 4.6000 | 4.3000 | 4.2500 | 4.1500 | 4.0500 | – | |
| N | S | no | 5,000 | 4.3500 | 4.0500 | 4.0000 | 3.9000 | 3.8000 | – | ||
| N | Q | no | 5,000 | 4.3500 | 4.0500 | 4.0000 | 3.9000 | 3.8000 | – | ||
| N | M | no | 5,000 | 4.3500 | 4.0500 | 4.0000 | 3.9000 | 3.8000 | – | ||
| A | E | no | 5,000 | – | 4.3000 | 4.2500 | 4.1500 | 4.0500 | – | ||
| President’s Choice Bank | N | A | no | 500 | 2.0000 | 2.2500 | 2.5000 | 2.7500 | 3.0000 | – | |
| N | S | no | 500 | 1.9500 | 2.2000 | 2.4500 | 2.7000 | 2.9500 | – | ||
| N | Q | no | 500 | 1.9200 | 2.1700 | 2.4200 | 2.6700 | 2.9200 | – | ||
| N | M | no | 500 | 1.9000 | 2.1500 | 2.4000 | 2.6500 | 2.9000 | – | ||
| A | E | no | 500 | 2.0000 | 2.2500 | 2.5000 | 2.7500 | 3.0000 | – | ||
| RFA Bank of Canada | N | A | cashable | 90 days | 5,000 | 4.0000 | – | – | – | – | – |
| N | A | no | 5,000 | 4.8700 | 4.4100 | 4.1600 | 4.0600 | 4.0100 | – | ||
| N | S | no | 5,000 | 4.8200 | 4.3600 | 4.1100 | 4.0100 | 3.9600 | – | ||
| N | M | no | 5,000 | 4.7700 | 4.3100 | 4.0600 | 3.9600 | 3.9100 | – | ||
| A | E | no | 5,000 | – | 4.4100 | 4.1600 | 4.0600 | 4.0100 | – | ||
| Royal Bank | N | A | cashable | 30 days | 5,000 | 4.0500 | – | – | – | – | – |
| N | S | cashable | 30 days | 5,000 | 4.0500 | – | – | – | – | – | |
| N | M | cashable | 30 days | 5,000 | 4.0500 | – | – | – | – | – | |
| N | A | no | 5,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | – | ||
| N | S | no | 5,000 | 4.7440 | 4.3040 | 4.1080 | 4.0100 | 3.9610 | – | ||
| N | M | no | 5,000 | 4.6980 | 4.2660 | 4.0730 | 3.9770 | 3.9280 | – | ||
| A | E | no | 5,000 | – | 4.3500 | 4.1500 | 4.0500 | 4.0000 | – | ||
| Scotia Mtge Corp. Agt. | N | A | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | – | |
| N | S | no | 1,000 | 4.7250 | 4.2750 | 4.0750 | 3.9750 | 3.9250 | – | ||
| N | M | no | 5,000 | 4.6750 | 4.2250 | 4.0250 | 3.9250 | 3.8750 | – | ||
| A | E | no | 1,000 | 4.8000 | 4.3500 | 4.1500 | 4.0500 | 4.0000 | – | ||
| VersaBank | N | A | no | 1,000 | 4.6500 | 4.3500 | 4.2000 | 4.1000 | 4.0500 | – | |
| N | S | no | 1,000 | 4.5000 | 4.2000 | 4.0500 | 3.9500 | 3.9000 | – | ||
| N | M | no | 5,000 | 4.4500 | 4.1500 | 4.0000 | 3.9000 | 3.8500 | – | ||
| A | E | no | 1,000 | 4.6500 | 4.3500 | 4.2000 | 4.1000 | 4.0500 | – | ||
| Wealth One Bank Canada | N | A | no | 5,000 | 4.9500 | 4.5500 | 4.3000 | 4.2000 | 4.1500 | – | |
| A | E | no | 5,000 | 4.9500 | 4.5500 | 4.3000 | 4.2000 | 4.1500 | |||