GIC rate guides
Compare GIC rates by term length. Find the best options for 6-month, 1-year, and 5-year GICs.
GIC Provider Reviews
We've reviewed the best GIC providers in Canada. Check out our reviews to find the best rates for your needs.
Did you know?
Before you compare GIC rates in Canada, know that a GIC locks in a rate for a set term. Eligible deposits at CDIC member institutions are protected up to applicable limits. Check whether a GIC is cashable or non-redeemable before you commit.
Frequently Asked Questions
Savings rates can change. A GIC rate is fixed for the term you choose, which helps when you want predictable returns on cash you will not need until maturity.
Non-redeemable GICs usually cannot be cashed early without a penalty or bank approval. Cashable GICs trade some rate for flexibility.
No. Canada lists Canadian issuers and GIC rules. Use the U.S. site for certificate of deposit guides.