Savings Rates | GIC/GIA: 1 to 6 years (Non-Registered)

Sorted by: 5 Year Term in ascending order (Click on a column heading to sort up or down)

Financial Institution	Compound Frequency	Payment Frequency	Redeemable	Minimum Deposit	Term in Years
					1	2	3	4	5	6
Foresters	Annually	At maturity	yes	1,000	0.050	0.050	0.200	0.450	0.600	-
Foresters	Annually	At maturity	yes	10,000	0.050	0.200	0.400	0.650	0.800	-
Foresters	Annually	At maturity	yes	25,000	0.150	0.300	0.500	0.750	0.900	-
Great-West Life	Not compounded	Monthly	no	500	0.500	0.550	0.750	0.900	0.950	1.400
Great-West Life	Not compounded	Monthly	yes	500	0.500	0.550	0.750	0.900	0.950	1.400
London Life	Not compounded	Monthly	no	10,000	0.500	0.550	0.750	0.900	0.950	-
Foresters	Annually	At maturity	yes	50,000	0.250	0.400	0.600	0.850	1.000	-
Laurentian Bank Canada	Not compounded	Monthly	yes	500	0.300	0.350	0.500	0.700	1.000	-
Great-West Life	Not compounded	Monthly	no	25,000	0.625	0.675	0.875	1.025	1.075	1.525
Great-West Life	Not compounded	Monthly	yes	25,000	0.625	0.675	0.875	1.025	1.075	1.525
Bank of Nova Scotia	Not compounded	Monthly	yes	5,000	0.000	0.500	0.600	0.750	1.150	-
Bank of Nova Scotia	Not compounded	Monthly	yes	100,000	0.050	0.500	0.600	0.750	1.150	-
Bk Nova Scotia Mtg. Corp	Not compounded	Monthly	yes	5,000	0.000	0.500	0.600	0.750	1.150	-
Bk Nova Scotia Mtg. Corp	Not compounded	Monthly	yes	100,000	0.050	0.500	0.600	0.750	1.150	-
Canada Life	Not compounded	Monthly	yes	5,000	0.750	0.800	1.000	1.140	1.190	1.640
Canada Life	Not compounded	Annually	yes	1,000	0.750	0.800	1.000	1.150	1.200	1.650
Great-West Life	Not compounded	Monthly	no	50,000	0.750	0.800	1.000	1.150	1.200	1.650
Great-West Life	Not compounded	Monthly	yes	50,000	0.750	0.800	1.000	1.150	1.200	1.650
London Life	Not compounded	Semi-annually	no	10,000	0.750	0.800	1.000	1.150	1.200	-
London Life	Not compounded	Monthly	no	50,000	0.750	0.800	1.000	1.150	1.200	-
CIBC	Not compounded	Monthly	yes	1,000	0.400	0.600	0.750	0.900	1.250	1.250
CIBC	Not compounded	Monthly	yes	5,000	0.400	0.600	0.750	0.900	1.250	1.250
CIBC	Not compounded	Monthly	yes	100,000	0.400	0.600	0.750	0.900	1.250	1.250
CIBC	Not compounded	Monthly	yes	250,000	0.400	0.600	0.750	0.900	1.250	1.250
Laurentian Bank Canada	Not compounded	Monthly	no	500	0.550	0.600	0.750	0.950	1.250	-
Laurentian Bank Canada	Not compounded	Semi-annually	yes	500	0.300	0.600	0.750	0.950	1.250	-
Laurentienne Trust	Not compounded	Monthly	no	500	0.550	0.600	0.750	0.950	1.250	-
Meridian Credit Union	Annually	At maturity	yes	500	1.250	1.250	1.250	1.250	1.250	-
Bank of Nova Scotia	Not compounded	Semi-annually	yes	1,000	0.125	0.625	0.725	0.875	1.275	-
Bank of Nova Scotia	Not compounded	Semi-annually	yes	5,000	0.125	0.625	0.725	0.875	1.275	-
Bank of Nova Scotia	Not compounded	Semi-annually	yes	100,000	0.125	0.625	0.725	0.875	1.275	-
Bk Nova Scotia Mtg. Corp	Not compounded	Semi-annually	yes	1,000	0.125	0.625	0.725	0.875	1.275	-
Bk Nova Scotia Mtg. Corp	Not compounded	Semi-annually	yes	5,000	0.125	0.625	0.725	0.875	1.275	-
Bk Nova Scotia Mtg. Corp	Not compounded	Semi-annually	yes	100,000	0.125	0.625	0.725	0.875	1.275	-
Concentra Financial	Not compounded	Monthly	no	25,000	0.650	0.800	0.900	1.100	1.300	-
Canada Life	Not compounded	Monthly	yes	25,000	0.870	0.920	1.120	1.270	1.320	1.760
Canada Life	Not compounded	Annually	yes	25,000	0.875	0.925	1.125	1.275	1.325	1.775
Caisses Desjardins	Not compounded	Monthly	yes	1,000	0.900	0.700	0.850	1.100	1.350	-
CIBC	Not compounded	Semi-annually	yes	1,000	0.525	0.725	0.875	1.025	1.375	1.375
CIBC	Not compounded	Semi-annually	yes	5,000	0.525	0.725	0.875	1.025	1.375	1.375
CIBC	Not compounded	Semi-annually	yes	100,000	0.525	0.725	0.875	1.025	1.375	1.375
CIBC	Not compounded	Semi-annually	yes	250,000	0.525	0.725	0.875	1.025	1.375	1.375
CIBC	Not compounded	Quarterly	yes	1,000	0.525	0.725	0.875	1.025	1.375	1.375
CIBC	Not compounded	Quarterly	yes	5,000	0.525	0.725	0.875	1.025	1.375	1.375
CIBC	Not compounded	Quarterly	yes	100,000	0.525	0.725	0.875	1.025	1.375	1.375
CIBC	Not compounded	Quarterly	yes	250,000	0.525	0.725	0.875	1.025	1.375	1.375
Laurentian Bank Canada	Not compounded	Quarterly	no	500	0.550	0.730	0.880	1.080	1.380	-
Laurentienne Trust	Not compounded	Quarterly	no	500	0.550	0.730	0.880	1.080	1.380	-
Bank of Nova Scotia	Not compounded	Annually	yes	500	0.250	0.750	0.850	1.000	1.400	-
Bank of Nova Scotia	Not compounded	Annually	yes	100,000	0.250	0.750	0.850	1.000	1.400	-

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. These investments are registered for tax purposes as an RSP (retirement savings plan).