Scotiabank GIC 2026 Review

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

Scotiabank GIC4.0/5

Interest Rate
3.35%
Term
2 years
Minimum Deposit
CA$500
Promotion
N/A
Apply Now →on Scotiabank GIC's website

Scotiabank provides a diverse range of GIC options with terms from 30 days to 10 years, catering to various investment needs. Their premium banking bundles offer enhanced rates, making them a versatile choice for customers.

Pros:

  • Variety of terms
  • Access to premium rates with bundles

Cons:

  • Higher minimum deposit compared to others

In conclusion, Scotiabank GICs, with their competitive 3.35% rate for a 2-year term and a minimum deposit of CA$500, are ideally suited for conservative investors seeking stability and flexibility in their savings strategy. Their extensive range of options and premium banking benefits make Scotiabank a strong contender for anyone looking to grow their wealth securely.

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
WealthONE4.10%5 yearsCA$1,000Learn more
WealthONE Bank of Canada4.10%4 yearsCA$1,000Learn more
Achieva Financial4.05%5 yearsCA$1,000Learn more
Oaken Financial4.05%5 yearsCA$1,000Learn more
Saven Financial4.05%5 yearsCA$1,000Learn more
MCAN Wealth4.05%5 yearsCA$1,000Learn more
EQ Bank4.00%5 yearsCA$100Learn more
Pathwise Credit Union3.90%1 yearCA$1,000Learn more
ICICI Bank Canada3.70%5 yearsCA$1,000Learn more
MCAN (Manulife Credit Union)3.65%1 yearCA$2,500Learn more
Simplii Financial3.20%4 yearsCA$100Learn more
Tangerine Bank3.15%1 yearCA$0Learn more
TD Canada Trust3.10%5 yearsCA$500Learn more
BMO Canada3.10%5 yearsCA$1,000Learn more
RBC Royal Bank2.75%5 yearsCA$1,000Learn more
Scotiabank Canada2.45%1 yearCA$500Learn more

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