List of the Best GIC Interest Rates

List of the Best GIC Interest Rates for March 1st, 2016

Here are the best GIC rates in Canada from the top Canadian companies.

Company 1 Year 2 Years 3 Years 4 Years 5 Years
ATB Financial 1.1000 1.2500 1.3000 1.4000 1.6000
AcceleRate Financial 2.0000 2.1000 2.2000 2.4500 2.5000
Achieva Financial 2.0000 2.1000 2.2000 2.3500 2.5000
Alterna Bank 1.0000 1.2000 1.2000 1.3500 1.5500
Alterna Savings 1.0000 1.2000 1.2000 1.3500 1.5500
B2B Bank 1.3000 1.7600 1.8500 1.9100 2.0600
Bank of Montreal .8500 1.0500 1.1500 1.2500 1.5000
Bank of Nova Scotia .9000 1.1000 1.1500 1.3000 1.5000
CFF Bank 1.3000 1.4000 1.5500 1.7000 1.9000
CIBC .3000 .4000 .6000 .8000 1.0000
CIBC Trust Corp. .5500 .6500 .8500 1.0500 1.2500
Caisses Desjardins .8500 1.0000 1.0500 1.2000 1.5000
Canada Life .2500 .2500 .2500 .5000 .7500
Canadian Direct Fin'l 1.6700 2.0200 2.1000 2.2000 2.4000
Canadian Tire Bank 1.2500 1.4000 1.5000 1.6500 2.1500
Canadian Western Bank 1.4200 1.7700 1.8500 1.9500 2.1500
Canadian Western Trust 1.4200 1.7700 1.8500 1.9500 2.1500
Coast Capital Savings 1.2000 1.3000 1.5000 1.6000 1.8500
Community Trust 1.2800 1.5000 1.6000 1.8500 2.0500
Comtech Credit Union 1.8000 1.6500 1.7500 2.1500 2.2500
Concentra Financial .9000 1.0000 1.1000 1.2000 1.5000
DUCA Financial Services 1.3000 1.5500 1.7500 1.9000 2.0000
Effort Trust 1.5000 1.7000 1.9000 1.9500 2.1000
Empire Life .8000 1.2000 1.2500 1.3000 1.9000
Entegra Credit Union 1.9000 2.0000 2.1000 2.2500 2.4000
Equitable Bank 1.3500 1.6000 1.7500 1.9000 2.1400
Equitable Life .7500 1.2000 1.2500 1.3000 2.1500
Equity Financial Trust 1.5600 1.8100 1.7600 1.8600 2.0500
Fiducie Desjardins .8500 1.0000 1.0500 1.2000 1.5000
First Calgary Financial .9000 1.1000 1.1500 1.3000 1.5000
FirstOntario Credit Un. 1.9000 1.6000 1.8000 2.0000 1.9000
General Bank of Canada 1.4600 1.7700 1.8600 1.9500 2.1600
Great-West Life .2500 .3500 .4500 .7500 1.0000
HSBC Bank Canada .8500 .9000 1.0500 1.2000 1.4500
HomEquity Bank 1.1000 1.2500 1.7000 1.9500 2.1500
Home Trust Company 1.4500 1.6000 1.7000 1.8000 2.0500
Hubert Financial - 2.1000 2.2000 2.3500 2.5000
ICICI Bank Canada 1.1000 1.3000 1.4000 1.6000 1.8000
Industrial Alliance .5000 1.3000 1.3500 1.4500 1.6000
KEB Hana Bank Canada 1.2000 1.4000 1.5600 1.6800 1.9200
Laurentian Bank of Canada - 1.0000 1.1500 1.3000 1.5000
League Svgs & Mortgage 1.3000 1.5000 1.7000 1.8500 2.0500
Libro Credit Union 1.1500 1.5000 1.7000 1.9000 2.0000
London Life .2500 .3500 .4500 .7500 1.0000
Luminus Financial 1.6000 1.8500 1.5000 1.6500 1.7500
MAXA Financial 2.0000 2.1000 2.2000 2.3500 2.5000
MCAN Mortgage Corp. 1.5000 1.8000 1.8000 1.9000 2.1000
Manulife Bank 1.2500 1.5000 1.7000 1.9000 2.1500
Manulife Investments .6500 .8000 1.0500 1.3500 1.6000
Manulife Trust 1.2500 1.5000 1.7000 1.9000 2.1500
Meridian Credit Union 1.2500 1.3500 1.5500 1.7500 2.0000
National Bank .9000 1.1000 1.2000 1.3500 1.5000
Oaken Financial 1.9500 2.1000 2.1500 2.3000 2.5000
Outlook Financial 1.9000 2.0000 2.1000 2.2500 2.4000
PACE Savings & Credit Un 1.0000 1.2000 1.4000 1.5000 1.6000
Pacific & Western Bank 1.4100 1.7800 1.8600 1.9600 2.0700
Parama Credit Union 1.6000 1.7500 1.9000 2.0500 2.2000
Peace Hills Trust 1.4500 1.6500 1.7500 2.1100 2.2700
Peoples Trust 1.9500 2.2000 2.2500 2.3000 2.4500
President's Choice Fin'l 1.2000 1.3500 1.5000 1.6000 1.9000
Rapport Credit Union 1.0000 1.1000 1.1500 1.2000 1.7000
Royal Bank of Canada .9000 1.0000 1.0500 1.2000 1.5000
State Bank of India (C) 1.3000 1.4000 1.6000 1.8000 2.0000
Steinbach Credit Union 1.9000 2.0000 2.1000 2.2500 2.3500
Sun Life - Insurance .5000 .5000 .6500 1.1000 1.3500
Sun Life - Trust .9000 1.1000 1.1500 1.5000 1.7000
T-D Mortgage .8500 .9000 1.0000 1.0500 1.5000
Tangerine 1.2000 1.3500 1.5000 1.6000 1.9000
VanCity Savings (BC) 1.0500 1.2500 1.3500 1.5000 1.7000
WFCU Credit Union .8500 .9500 1.0500 1.1500 1.4000
Your Neighbourhood C.U. 1.3000 1.5000 1.8000 2.0000 2.1000
Zag Bank 1.0500 2.5000 1.5000 1.7000 1.9000
Phil Barker

About the Author

Phil Barker

Phil Barker is a leading expert on life annuities in Canada. LifeAnnuities.com has different financial products and has been a recognized authority since 1972.

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