Interest Rate
3.55%
Term
1 year
Minimum Deposit
CA$1,000
Promotion
N/A
Apply Now →on WealthONE Bank of Canada's website
Rate (APY):
3.55%
Term:
1 year
Promotion:
N/A
Minimum Deposit:
CA$1,000
WealthONE Bank of Canada offers a solid 1-year GIC rate of 3.55%, making it a competitive option for those looking to secure their savings. Their GICs are CDIC insured, providing an added layer of security for investors.
Pros:
- Competitive rates
- CDIC insured
Cons:
- Minimum deposit required
- No promotional offers
Overall, WealthONE Bank of Canada's 1-year GIC at 3.55% is an attractive choice for conservative investors seeking to safeguard their savings while earning a competitive return. This option is particularly well-suited for individuals looking to lock in their funds for a short term with the peace of mind that comes from CDIC insurance.