Best 1 Year GIC Rates this August 2026 in Canada

What sets Achieva Financial apart is its commitment to straightforward interest rates, offering a solid 3.60% for a 1-year GIC, which is ideal for savers looking for clarity and reliability.

A GIC, or Guaranteed Investment Certificate, is a secure investment option that offers a guaranteed return over a fixed period.

Achieva Financial offers a variety of GICs, including cashable GICs, non-redeemable GICs, and market-linked GICs.

You can open a GIC with Achieva Financial online through their website or by visiting one of their branches.

The minimum investment amount for a GIC at Achieva Financial typically starts at $500.

Yes, GICs with Achieva Financial are insured by the Deposit Guarantee Corporation of Manitoba.

Interest rates on GICs at Achieva Financial vary based on the term and type of GIC selected; please check their website for current rates.

Withdrawal options depend on the type of GIC; cashable GICs allow for early withdrawal, while non-redeemable GICs do not.

WealthONE Bank of Canada shines for its competitive 1-year GIC rate of 3.55%, providing a secure option for those looking to grow their savings without the risk of market fluctuations.

The minimum investment amount for a GIC at WealthONE Bank of Canada is $1,000.

WealthONE Bank of Canada offers GIC terms ranging from 30 days to 5 years.

Yes, GICs at WealthONE Bank of Canada are insured by the Canada Deposit Insurance Corporation (CDIC) up to $100,000.

GICs at WealthONE Bank of Canada are generally non-redeemable before maturity, but some special products may offer early withdrawal options.

WealthONE Bank of Canada offers interest payment options that include monthly, annually, or at maturity.

You can open a GIC account with WealthONE Bank of Canada online through their website or by visiting a branch.

At the end of the GIC term, you will receive your principal investment plus any accrued interest, and you may have the option to reinvest.

Home Bank offers a reliable 1-year GIC at a rate of 3.28%, making it a solid choice for those who prioritize security and annual compounding in their investment strategy.

A Guaranteed Investment Certificate (GIC) is a low-risk investment that offers a guaranteed return over a fixed period.

Home Bank's GIC allows you to invest a lump sum for a specified term, and in return, you receive a guaranteed interest rate.

Home Bank offers various terms for GICs, ranging from 30 days to 5 years.

Yes, investments in Home Bank's GIC are insured by the Canada Deposit Insurance Corporation (CDIC) up to applicable limits.

Generally, GICs are not redeemable before maturity; however, some specific products may offer early withdrawal options.

At the end of the GIC term, you will receive your initial investment plus the accrued interest, which can be reinvested or withdrawn.

You can open a GIC with Home Bank online, through a mobile app, or by visiting a branch.

Equitable Trust provides a competitive 1-year GIC rate of 3.30%, appealing to those who appreciate the option of a lower minimum deposit through its digital platform.

Equitable Trust is a GIC provider that offers guaranteed investment certificates (GICs) to help individuals and businesses grow their savings with a secure investment option.

Equitable Trust offers a variety of GICs, including redeemable GICs, non-redeemable GICs, and market-linked GICs, catering to different investment needs and preferences.

You can invest in a GIC with Equitable Trust through their website or by contacting their customer service for assistance in selecting the right GIC for your investment goals.

The minimum investment amount for GICs at Equitable Trust typically starts at $1,000, but it's best to check specific product details for any variations.

Yes, GICs from Equitable Trust are eligible for coverage by the Canada Deposit Insurance Corporation (CDIC), providing additional security for your investment.

Interest rates for GICs at Equitable Trust vary based on the type and term of the GIC. It's recommended to check their website or contact customer service for the most current rates.

Withdrawal options depend on the type of GIC. Redeemable GICs allow for early withdrawal, while non-redeemable GICs typically do not permit withdrawals before maturity.

Interest payment frequency for GICs at Equitable Trust can vary. Some GICs may pay interest monthly, annually, or at maturity, depending on the specific terms of the investment.

Laurentian Bank offers a standard 1-year GIC at a rate of 3.00%, making it a viable option for those looking for flexibility in their investment terms, despite being slightly lower than some competitors.

Laurentian Bank offers a variety of GICs including redeemable and non-redeemable options, as well as GICs with different terms and interest rates.

The minimum investment amount for a GIC at Laurentian Bank typically starts at $500.

Yes, Laurentian Bank offers competitive interest rates for their GIC products, which can vary based on the term and type of GIC selected.

For non-redeemable GICs, you cannot cash in before maturity. However, redeemable GICs allow you to withdraw your funds before the maturity date under certain conditions.

Yes, GICs at Laurentian Bank are eligible for deposit insurance through the Canada Deposit Insurance Corporation (CDIC), up to applicable limits.

You can open a GIC account with Laurentian Bank online, by phone, or by visiting a branch.