Beneva
BMO Insurance
Canada Life
Desjardins Financial
Empire Life
Equitable Life
Great-West Life
Industrial Alliance
ivari
Manulife
RBC Insurance
Sun Life
Best TFSA Rates in Canada as of
TFSA Short-Term GIC Rates (Summary)
Updated July 25, 2025
| Institution | 30 Days | 60 Days | 90 Days | 120 Days | 180 Days |
|---|---|---|---|---|---|
| Bank of Montreal | 2.2500 | 2.2500 | 2.2500 | 2.2500 | 2.5000 |
| Coast Capital Savings | 2.2000 | 2.2000 | 2.5000 | 2.5000 | 2.8000 |
| Comtech Fire Credit U. | - | - | 1.3500 | 1.3500 | 1.3500 |
| Empire Life | 1.0500 | - | 1.0500 | - | 1.0500 |
| Laurentian Bank Canada | - | - | 2.7500 | 2.7500 | 2.8000 |
| Luminus Financial | 2.1000 | 2.1500 | 2.2000 | 2.2000 | 2.2500 |
View All: TFSA Short-Term GIC Rates
TFSA Long-Term GIC Rates (Summary)
Updated July 25, 2025
| Institution | 1 Year | 2 Years | 3 Years | 4 Years | 5 Years |
|---|---|---|---|---|---|
| Achieva Financial | 3.5000 | 3.5000 | 3.3500 | 3.3500 | 3.5000 |
| Bank of Montreal | 2.7500 | 2.7500 | 2.8000 | 2.8000 | 3.0000 |
| CIBC | 2.0000 | - | - | - | - |
| Coast Capital Savings | 3.0000 | 3.1000 | 3.1500 | 3.2000 | 3.4000 |
| EQ Bank | 3.4000 | 3.4500 | 3.5000 | 3.5500 | 3.6500 |
| Empire Life | 2.3000 | 2.5000 | 2.7500 | 2.9000 | 3.4500 |
| Equitable | 2.6000 | 2.8500 | 3.0000 | 3.2000 | 3.7000 |
View All: TFSA Long-Term GIC Rates
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Interest not compounded and paid at maturity.
Term deposits are investment products that offer a guaranteed rate of return for a pre-defined time period. The applicable interest rate varies according to the term of investment, the amount of money invested, the treatment of interest and whether or not the investment is redeemed prior to maturity. Term deposits are also known as GICs (Guaranteed Investment Certificates), or Accumulation Annuities when issued by an insurance company. |
