How We Review GIC Rates
GICRateCompare.com is an independent comparison and inquiry service. This page explains how the options shown on the site are labelled, how often they are reviewed, and what you should confirm before depositing funds.
Our verification process
1. Sourcing
Rate information is collected from participating providers, deposit brokers and licensed representatives, and from institutions' own published rate pages.
2. Recording
Each option is recorded with its term, indicative rate, minimum deposit, account eligibility, province availability, issuer type and the date the information was verified.
3. Review cycle
Listings are reviewed on an ongoing basis. Options reviewed within the last 7 days are shown as current; older listings are flagged as aging or stale so you know to reconfirm.
4. Reconfirmation
Before any application proceeds, the rate and eligibility are reconfirmed directly with the issuing institution. Nothing on this site is a rate offer.
What we do and do not claim
Rates may change without notice
Providers can adjust GIC rates at any time. A rate shown here reflects the information available when it was last verified.
Displayed rates must be reconfirmed
Every rate shown on this site is indicative. It must be reconfirmed with the issuer, deposit broker or licensed representative before any funds are placed.
Eligibility and minimum deposits vary
Some products require a minimum deposit, new funds, or a specific account type. A rate that appears available may not apply to your situation.
We may connect you with a third party
Where appropriate, an inquiry may be shared with a provider, deposit broker or licensed representative who can confirm current rates and eligibility.
Not every product is available in every province
Provincial availability differs by issuer. Credit-union products in particular are often restricted to specific provinces.
Each option carries a "Last verified" date showing when the rate information was last reviewed. We do not claim that every rate is updated daily. Where a rate has not been reviewed recently, treat it as indicative only and confirm the current figure directly.
Listings refer to "participating providers" — institutions, deposit brokers and licensed representatives that take part in this service. Institution names are shown once eligibility is confirmed. We do not describe any provider as verified, approved or endorsed by GICRateCompare.com.
GICRateCompare.com is free for consumers. We may receive compensation from participating providers, deposit brokers or representatives when users connect with them through our service.
GICRateCompare.com is an independent comparison and inquiry service. We are not a bank or credit union, we do not accept deposits, we do not provide deposit insurance, and we do not provide individualized financial advice.
Last updated: August 18, 2026 · Reviewed by GICRateCompare editorial team