Find the Best GIC Rates in Canada

Compare Guaranteed Investment Certificates from top financial institutions and maximize your returns with our up-to-date rate comparison tool.

Compare GIC Rates Now Calculate Returns
GIC Investment

Why Choose Our GIC Comparison Tool?

We help thousands of Canadians find the best investment options

compare_arrows

Compare All Rates

Side-by-side comparison of GIC rates from all major Canadian financial institutions.

update

Real-Time Updates

Our rates are updated daily to ensure you always have the most current information.

calculate

GIC Calculator

Calculate your potential returns with our easy-to-use GIC investment calculator.

Current Best GIC Rates in Canada

Our real-time rate comparison helps you find the highest returns on your investment.

GICs (Guaranteed Investment Certificates) offer a secure way to grow your savings with guaranteed returns.

View All GIC Rates

Top GIC Rates - 1 Year Term

Financial Institution Rate Minimum Investment
EQ Bank 4.55% $10,000 Details
Oaken Financial 4.50% $1,000 Details
Tangerine 4.40% $5,000 Details
Simplii Financial 4.35% $10,000 Details

Ready to Maximize Your Investment Returns?

Join thousands of Canadians who use our platform to find the best GIC rates.

Compare GIC Rates Now

Frequently Asked Questions About GICs

A Guaranteed Investment Certificate (GIC) is a secure investment product offered by Canadian financial institutions. When you purchase a GIC, you're essentially lending money to the institution for a specific period in exchange for guaranteed interest payments.

Yes, GICs are one of the safest investment options in Canada. They offer guaranteed returns and many are eligible for CDIC (Canada Deposit Insurance Corporation) protection of up to $10,000,000 per insured category.

GIC rates are influenced by factors such as the Bank of Canada's benchmark interest rate, term length, minimum deposit amount, and whether the GIC is redeemable or non-redeemable.

Redeemable GICs allow you to withdraw your money before the maturity date, but typically offer lower interest rates. Non-redeemable GICs lock in your investment until maturity and offer higher rates, but with penalties for early withdrawal.