Best 1 Year GIC Rates this September 2026

What sets Hubert Financial apart is their straightforward approach to GICs, offering a competitive 1-year rate of 3.60% with a minimum deposit of CA$1,000. Their digital platform provides easy access to account management, making it a convenient choice for tech-savvy investors.

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

Hubert Financial is a member of the Canada Deposit Insurance Corporation (CDIC), which protects eligible deposits up to $100,000.

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

The minimum investment amount for a GIC at Hubert Financial is typically $500.

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

Interest rates for GICs at Hubert Financial are determined based on market conditions and the term length of the investment.

Hubert Financial does not charge any fees for purchasing or maintaining GICs.

EQ Bank shines for its accessibility, offering a low minimum deposit of just CA$100 for a 1-year GIC at a rate of 3.40%. This makes it an excellent choice for new investors looking to start saving without a large upfront commitment.

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

Investing in a GIC with EQ Bank offers competitive interest rates, guaranteed returns, and the security of knowing your principal investment is protected.

The minimum investment amount for a GIC at EQ Bank is typically $1,000.

Interest on EQ Bank GICs is typically paid at maturity, but some options may allow for interest payments to be made annually or semi-annually.

Generally, GICs are locked in for the term you choose, and early withdrawal may result in penalties or loss of interest.

At the end of the GIC term, your principal investment and any earned interest will be returned to you, or you may choose to reinvest in another GIC.

Yes, deposits in EQ Bank GICs are insured by the Canada Deposit Insurance Corporation (CDIC) up to applicable limits.

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.

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

WealthONE Bank of Canada is a member of the Canada Deposit Insurance Corporation (CDIC), which protects eligible deposits up to $100,000.

WealthONE Bank of Canada offers various types of GICs, including redeemable, non-redeemable, and market-linked GICs.

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

Withdrawals before maturity may be subject to penalties or fees, depending on the type of GIC you choose.

Interest rates for GICs are determined based on market conditions and the term length of the investment.

At maturity, you will receive your principal investment back along with any earned interest, and you can choose to reinvest or withdraw the funds.

Simplii Financial offers a straightforward 1-year GIC at a rate of 2.85%, which is appealing for those who prefer a low minimum deposit of CA$100. While the rate may not be the highest, the ease of access and management makes it a practical choice for many.

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

Simplii Financial's GIC allows you to invest your money for a set term, during which you earn a fixed interest rate.

Simplii Financial offers GIC terms ranging from 30 days to 5 years.

Yes, the minimum investment amount for GICs at Simplii Financial is typically $500.

Yes, Simplii Financial offers competitive interest rates on their GICs compared to other financial institutions.

Generally, GICs are locked in for the term you choose, and early withdrawal may result in penalties or loss of interest.

Yes, GICs issued by Simplii Financial are eligible for coverage by the Canada Deposit Insurance Corporation (CDIC) up to certain limits.

National Bank of Canada provides a reliable 1-year GIC option at a rate of 2.85%. While their minimum deposit requirement is higher at CA$500, their established reputation and range of GIC products make them a solid choice for conservative investors.

A Guaranteed Investment Certificate (GIC) is a secure investment option that provides a guaranteed return over a fixed period.

National Bank's GIC allows you to invest your money for a set term, during which your principal is guaranteed, and you earn interest.

National Bank offers a variety of terms for GICs, ranging from a few months to several years.

Yes, investments in National Bank GICs are insured by the Canada Deposit Insurance Corporation (CDIC) up to applicable limits.

Generally, GICs are not redeemable before maturity without incurring penalties, but specific terms may vary.

Interest rates on National Bank GICs vary based on the term and market conditions; it's best to check their website for current rates.

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