EQ Bank GIC 2026 Review

Mat C.
Written by Mat C.
Managing Editor & Senior Developer
Mika L.
Edited by Mika L.
Financial Content & Editor

EQ Bank GIC4.6/5

Interest Rate
2.75%
Term
6 months
Minimum Deposit
CA$100
Promotion
N/A
Apply Now →on EQ Bank GIC's website

EQ Bank shines for its impressive 6-month GIC rate of 2.75%, making it an excellent choice for those looking to maximize their returns with a low minimum deposit. Its digital-first approach appeals to tech-savvy savers.

Pros:

  • Low minimum deposit
  • Higher interest rate

Cons:

  • Non-redeemable
  • Limited physical presence

Overall, EQ Bank GIC is an ideal option for tech-savvy investors seeking a competitive return on their savings with a low entry point, making it well-suited for both new and experienced savers looking to enhance their financial growth over a short-term commitment.

Frequently Asked Questions

Compare GIC Rates

Summary of all rates from our gic rate pages. Click column headers to sort.

Provider ↕Rate ↓Term ↕Min Deposit
Oaken Financial4.40%5 yearsCA$1,000Learn more
WealthOne Bank4.40%5 yearsCA$1,000Learn more
WealthONE4.40%5 yearsCA$1,000Learn more
B2B Bank4.38%5 yearsCA$1,000Learn more
Canadian Tire Bank4.35%5 yearsCA$1,000Learn more
Saven Financial4.30%5 yearsCA$1,000Learn more
EQ Bank4.25%5 yearsCA$100—
Haventree Bank4.20%5 yearsCA$5,000—
General Bank of Canada4.17%5 yearsCA$5,000Learn more
Achieva Financial4.10%5 years——
MCAN Wealth4.05%5 yearsCA$100—
WealthONE Bank of Canada3.80%1 yearCA$1,000Learn more
Laurentian Bank3.50%1 yearCA$1,000Learn more
Equitable Bank3.43%1 yearCA$1,000Learn more
Tangerine2.75%6 monthsCA$10Learn more
BMO2.70%1 yearCA$1,000Learn more
CIBC Bonus Rate2.50%6 monthsCA$1,000Learn more
SBI Canada Bank Non-Redeemable2.45%6 monthsCA$1,000Learn more
RBC2.40%6 monthsCA$1,000Learn more
ICICI Bank Canada Non-Redeemable2.35%6 monthsCA$1,000Learn more

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