Fixed-rate GICs
A fixed-rate GIC pays a stated rate for a set term, subject to the provider's terms and conditions.
For Canadian savers & investors
Compare GIC rates across Canada
Filter available GIC options by term, account type, deposit amount, and province — then request access to a specific rate or a general no-obligation rate review.
- Terms 30 days to 5 years
- TFSA · RRSP · RRIF · RESP · FHSA
- Non-registered · Corporate · Trust · Estate
- All provinces & territories
- Free · No obligation
Compare GIC rates
9 options matching your filters
Top matches
See all rates →- Request5.15%1 year · Non-redeemableTrust Company · min $1,000
- Request4.95%1 year · CashableTrust Company · min $1,000
- Request4.85%2 years · Non-redeemableBank · min $5,000
Rates are subject to change and availability. Any rate shown must be verified with the provider before proceeding. Submitting an inquiry does not guarantee access to any specific rate, product, or provider.
Compare rates by term
From 30 days to 5 years.
Registered & non-registered
TFSA, RRSP, RRIF, RESP, FHSA and more.
Request access to rates
Submit a quick, no-obligation inquiry.
No obligation to proceed
You decide the next step.
Built for Canadian savers
Coast to coast to coast.
How it works
How GICRateCompare.com works
- 1Compare available ratesUse filters to compare GIC options by term, account type, deposit amount, and province.
- 2Choose the rate to exploreSelect the GIC option that looks most relevant — or request a general rate review.
- 3Submit your inquiryShare a few details so your request can be matched with relevant options.
- 4Receive next stepsIf suitable options are available, you can be connected with the appropriate provider or specialist.
Submitting an inquiry does not guarantee access to any specific rate, product, or provider.
Why compare
A small rate difference can matter
Even a small difference in rate can have a meaningful impact on larger balances or longer terms.
Interest at current rate$6,375
Interest at alternative rate$7,575
Estimated difference+$1,200
Illustration only. Uses simple interest and does not account for taxes, compounding frequency, account type, early redemption, fees, or individual circumstances. Actual returns depend on provider terms and product details.
GIC guide
Understand your GIC options
Cashable or redeemable GICs
May provide more flexibility, but often have different rates, holding periods, or redemption rules.
Registered GICs
May be available inside TFSAs, RRSPs, RRIFs, RESPs, or FHSAs depending on provider availability.
Non-registered GICs
May suit savers investing personal cash outside registered plans. Review tax treatment with a qualified professional.
Corporate GICs
Corporations may be able to hold GICs, depending on provider criteria and account setup.
GIC laddering
Some savers spread funds across multiple terms to balance rate, access, and renewal flexibility.
Who it's for
Who may benefit from comparing GIC rates?
- Retirees looking for predictable interest
- Savers with maturing GICs
- Investors with large cash balances
- People who recently sold property or received a lump sum
- Business owners with corporate cash
- Canadians reviewing TFSA, RRSP, RRIF, RESP, or FHSA options
This may not be suitable if:
- • You need full daily access to your cash
- • You are seeking high-growth investments
- • You are unwilling to accept fixed-term restrictions
- • You are not comfortable reviewing provider terms before proceeding
Common reasons
Common reasons Canadians compare GIC rates
"My GIC is maturing soon"
Compare current rates before automatically renewing with your existing bank.
"I have cash in a savings account"
Explore whether a fixed-term GIC could offer a more competitive rate, subject to your access needs.
"I want predictable income"
Compare terms and interest payment options that may suit income-focused savers.
"I have corporate or estate funds"
Some options may depend on account structure, provider criteria, and documentation.
FAQ
GIC questions Canadians often ask
What is a GIC?
A Guaranteed Investment Certificate is a deposit product offered for a set term and rate, subject to the provider's terms and conditions.
Are GIC rates guaranteed?
The rate on a fixed-rate GIC is generally set for the term once the GIC is purchased, but availability of advertised rates can change before purchase and depends on provider criteria.
Does GICRateCompare.com show every GIC in Canada?
No. The website compares available or listed GIC options from the data sources and providers included on the platform.
Are deposits insured?
Deposit insurance or protection depends on the financial institution, account structure, product type, and applicable coverage rules. Review the provider's protection details before proceeding.
Can I hold a GIC in a TFSA or RRSP?
Many providers offer GICs for registered accounts such as TFSAs, RRSPs, RRIFs, RESPs, or FHSAs, but availability depends on the provider and account type.
What is the difference between cashable and non-redeemable GICs?
Cashable or redeemable GICs may offer more access to funds, while non-redeemable GICs usually require funds to remain invested for the full term. Rates and conditions vary.
Is there a fee to use GICRateCompare.com?
The rate comparison and inquiry process is free for users. If compensation is received from providers, brokers, or partners, a disclosure will be provided.
Will I receive financial advice?
Information on this site is general in nature and does not constitute personal financial, tax, or legal advice. Speak with an appropriately qualified professional where needed.
How often are rates updated?
Each rate shows a last-updated date. Rates must be verified with the provider before proceeding.
What happens after I request a rate?
Your inquiry is reviewed and, where suitable, you may receive information or be connected with a relevant provider, broker, deposit specialist, or rate opportunity.
Ready to compare GIC rates?
Review available GIC options by term, account type, and deposit amount — then request a no-obligation rate review.