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Other GICs
Savings Rates | GIC/GIA: 1 to 6 years (Registered)
| Financial Institution | Compound Frequency | Payment Frequency | Redeemable | Minimum Deposit | Term in Years | |||||
| 1 | 2 | 3 | 4 | 5 | 6 | |||||
| ICICI Bank Canada | Annually | At maturity | yes | 1,000 | 1.750 | 2.050 | 2.500 | 2.600 | 3.000 | - |
|---|---|---|---|---|---|---|---|---|---|---|
| Oaken Financial | Annually | At maturity | no | 1,000 | 2.000 | 2.350 | 2.400 | 2.600 | 2.900 | - |
| Outlook Financial | Not compounded | Annually | yes | 1,000 | 2.150 | 2.300 | 2.500 | 2.650 | 2.800 | - |
| Outlook Financial | Annually | At maturity | yes | 1,000 | 2.150 | 2.300 | 2.500 | 2.650 | 2.800 | - |
| AcceleRate Financial | Annually | At maturity | no | 500 | 2.250 | 2.400 | 2.500 | 2.750 | 2.750 | 2.800 |
| Canadian Direct Fin'l | Annually | At maturity | no | 500 | 1.750 | 2.050 | 2.250 | 2.500 | 2.700 | - |
| MAXA Financial | Not compounded | Annually | yes | 500 | 2.150 | 2.250 | 2.400 | 2.550 | 2.700 | 0.000 |
| Outlook Financial | Not compounded | Monthly | yes | 1,000 | 2.000 | 2.150 | 2.350 | 2.500 | 2.650 | - |
| Achieva Financial | Annually | At maturity | no | 1,000 | 2.150 | 2.250 | 2.350 | 2.450 | 2.600 | - |
| DUCA Financial Services | Annually | At maturity | no | 500 | 1.500 | 1.900 | 2.000 | 2.350 | 2.600 | 2.600 |
| Effort Trust | Annually | At maturity | no | 1,000 | 1.900 | 2.150 | 2.300 | 2.350 | 2.600 | - |
| FirstOntario Credit Un. | Annually | At maturity | no | 500 | 1.500 | 1.750 | 2.000 | 2.300 | 2.600 | - |
| Home Trust Company | Annually | At maturity | no | 1,000 | 1.950 | 2.100 | 2.250 | 2.400 | 2.600 | - |
| Steinbach Credit Union | Annually | At maturity | no | 500 | 2.100 | 2.200 | 2.350 | 2.450 | 2.600 | - |
| Parama Credit Union | Annually | At maturity | no | 1,000 | 1.650 | 1.900 | 2.150 | 2.350 | 2.550 | - |
| Tangerine | Annually | At maturity | yes | 1 | 1.350 | 1.650 | 1.900 | 2.200 | 2.550 | - |
| Your Neighbourhood C.U. | Annually | At maturity | no | 100,000 | 1.800 | 1.900 | 2.000 | 2.350 | 2.550 | - |
| Your Neighbourhood C.U. | Not compounded | Annually | no | 100,000 | 1.800 | 1.900 | 2.000 | 2.350 | 2.550 | - |
| Entegra Credit Union | Annually | At maturity | no | 1,000 | 2.000 | 2.100 | 2.200 | 2.350 | 2.500 | - |
| Entegra Credit Union | Not compounded | Annually | no | 1,000 | 2.000 | 2.100 | 2.200 | 2.350 | 2.500 | - |
| President's Choice Fin'l | Not compounded | Annually | no | 100 | 1.400 | 1.650 | 1.900 | 2.200 | 2.500 | - |
| President's Choice Fin'l | Annually | At maturity | no | 100 | 1.400 | 1.650 | 1.900 | 2.200 | 2.500 | - |
| State Bank of India (C) | Annually | Annually | no | 2,000 | 1.650 | 1.900 | 2.250 | 2.350 | 2.500 | - |
| Sun Life - Trust | Annually | At maturity | no | 1,000 | 1.450 | 1.450 | 1.700 | 2.100 | 2.500 | - |
| Sun Life - Trust | Not compounded | Annually | no | 1,000 | 1.450 | 1.450 | 1.700 | 2.100 | 2.500 | - |
| Your Neighbourhood C.U. | Not compounded | Annually | no | 20,000 | 1.750 | 1.850 | 1.950 | 2.300 | 2.500 | - |
| Your Neighbourhood C.U. | Annually | At maturity | no | 20,000 | 1.750 | 1.850 | 1.950 | 2.300 | 2.500 | - |
| B2B Bank | Not compounded | Annually | no | 1,000 | 1.500 | 1.950 | 2.150 | 2.250 | 2.460 | - |
| Canadian Western Bank | Annually | At maturity | no | 500 | 1.500 | 1.800 | 2.200 | 2.250 | 2.450 | - |
| Manulife Bank | Annually | At maturity | no | 2,500 | 1.460 | 1.650 | 1.900 | 2.200 | 2.450 | - |
| Peace Hills Trust | Annually | At maturity | no | 1,000 | 1.450 | 1.900 | 2.050 | 2.250 | 2.450 | - |
| Peace Hills Trust | Not compounded | Annually | no | 1,000 | 1.450 | 1.900 | 2.050 | 2.250 | 2.450 | - |
| Your Neighbourhood C.U. | Not compounded | Annually | no | 500 | 1.700 | 1.800 | 1.900 | 2.250 | 2.450 | - |
| Your Neighbourhood C.U. | Annually | At maturity | no | 500 | 1.700 | 1.800 | 1.900 | 2.250 | 2.450 | - |
| CFF Bank | Annually | At maturity | no | 25,000 | 1.800 | 1.850 | 2.000 | 2.150 | 2.400 | - |
| CFF Bank | Not compounded | Annually | no | 25,000 | 1.800 | 1.850 | 2.000 | 2.150 | 2.400 | - |
| Comtech Credit Union | Annually | At maturity | no | 50,000 | 2.200 | 1.700 | 2.000 | 2.150 | 2.400 | - |
| Comtech Credit Union | Annually | At maturity | no | 1,000 | 2.200 | 1.700 | 2.000 | 2.150 | 2.400 | - |
| Comtech Credit Union | Annually | At maturity | no | 100,000 | 2.200 | 1.700 | 2.000 | 2.150 | 2.400 | - |
| Comtech Credit Union | Annually | At maturity | no | 200,000 | 2.200 | 1.700 | 2.000 | 2.150 | 2.400 | - |
| Libro Credit Union | Not compounded | Annually | no | 500 | 1.350 | 1.750 | 2.000 | 2.200 | 2.400 | - |
| MCAN Mortgage Corp. | Not compounded | Annually | no | 100,000 | 2.100 | 2.250 | 2.200 | 2.200 | 2.400 | - |
| MCAN Mortgage Corp. | Annually | At maturity | no | 100,000 | 2.100 | 2.250 | 2.200 | 2.200 | 2.400 | - |
| CFF Bank | Annually | At maturity | no | 5,000 | 1.750 | 1.800 | 1.950 | 2.100 | 2.350 | - |
| CFF Bank | Not compounded | Annually | no | 5,000 | 1.750 | 1.800 | 1.950 | 2.100 | 2.350 | - |
| First Calgary Financial | Annually | At maturity | no | 500 | 1.250 | 1.650 | 1.700 | 1.750 | 2.350 | - |
| MCAN Mortgage Corp. | Annually | At maturity | no | 25,000 | 2.050 | 2.200 | 2.150 | 2.150 | 2.350 | - |
| MCAN Mortgage Corp. | Not compounded | Annually | no | 25,000 | 2.050 | 2.200 | 2.150 | 2.150 | 2.350 | - |
| Alterna Bank | Annually | At maturity | no | 500 | 1.400 | 2.100 | 1.850 | 1.900 | 2.300 | - |
| Alterna Savings | Annually | At maturity | no | 500 | 1.400 | 2.100 | 1.850 | 1.900 | 2.300 | - |
| Community Trust | Annually | At maturity | no | 1,000 | 1.450 | 1.650 | 1.900 | 2.200 | 2.300 | - |
| MCAN Mortgage Corp. | Annually | At maturity | no | 5,000 | 2.000 | 2.150 | 2.100 | 2.100 | 2.300 | - |
| MCAN Mortgage Corp. | Not compounded | Annually | no | 5,000 | 2.000 | 2.150 | 2.100 | 2.100 | 2.300 | - |
| Meridian Credit Union | Annually | At maturity | no | 500 | 1.500 | 1.600 | 1.900 | 2.200 | 2.300 | - |
| Peoples Trust | Annually | At maturity | no | 5,000 | 1.400 | 1.700 | 1.850 | 2.100 | 2.300 | - |
| Coast Capital Savings | Annually | At maturity | no | 1,000 | 1.550 | 1.650 | 1.950 | 2.050 | 2.250 | - |
| ATB Financial | Annually | At maturity | no | 500 | 1.630 | 1.800 | 1.750 | 2.000 | 2.200 | - |
| Industrial Alliance | Annually | At maturity | yes | 200,000 | 1.150 | 1.400 | 1.500 | 1.800 | 2.200 | - |
| Industrial Alliance | Not compounded | Annually | yes | 200,000 | 1.150 | 1.400 | 1.500 | 1.800 | 2.200 | - |
| Ontario Civil Service CU | Annually | At maturity | no | 60,000 | 1.350 | 1.600 | 1.750 | 1.900 | 2.200 | - |
| Ontario Civil Service CU | Annually | At maturity | no | 40,000 | 1.350 | 1.600 | 1.750 | 1.900 | 2.200 | - |
| Ontario Civil Service CU | Annually | At maturity | no | 100,000 | 1.350 | 1.600 | 1.750 | 1.900 | 2.200 | - |
| Pacific & Western Bank | Annually | At maturity | no | 1,000 | 1.500 | 1.700 | 1.950 | 2.050 | 2.200 | - |
| Empire Life | Annually | At maturity | yes | 100,000 | 1.250 | 1.450 | 1.650 | 1.950 | 2.150 | 2.150 |
| Industrial Alliance | Not compounded | Annually | yes | 100,000 | 1.100 | 1.350 | 1.450 | 1.750 | 2.150 | - |
| Industrial Alliance | Annually | At maturity | yes | 100,000 | 1.100 | 1.350 | 1.450 | 1.750 | 2.150 | - |
| Canadian Western Trust | Annually | At maturity | no | 5,000 | 1.250 | 1.400 | 1.600 | 1.850 | 2.100 | - |
| Industrial Alliance | Not compounded | Annually | yes | 25,000 | 1.050 | 1.300 | 1.400 | 1.700 | 2.100 | - |
| Industrial Alliance | Annually | At maturity | yes | 25,000 | 1.050 | 1.300 | 1.400 | 1.700 | 2.100 | - |
| PACE Savings & Credit Un | Annually | At maturity | no | 1,000 | 1.200 | 1.300 | 1.600 | 1.750 | 2.100 | - |
| Equitable Life | Annually | At maturity | yes | 50,000 | 0.975 | 1.425 | 1.625 | 1.875 | 2.075 | - |
| Manulife Investments | Annually | At maturity | no | 2,500 | 1.000 | 1.450 | 1.550 | 1.800 | 2.050 | 2.100 |
| Ontario Civil Service CU | Annually | At maturity | no | 10,000 | 1.300 | 1.450 | 1.500 | 1.750 | 2.050 | - |
| Ontario Civil Service CU | Annually | At maturity | no | 20,000 | 1.300 | 1.450 | 1.500 | 1.750 | 2.050 | - |
| Empire Life | Annually | At maturity | yes | 50,000 | 1.125 | 1.325 | 1.525 | 1.825 | 2.025 | 2.025 |
| Concentra Financial | Annually | At maturity | no | 1,000 | 1.250 | 1.450 | 1.700 | 1.900 | 2.000 | - |
| Royal Bank of Canada | Not compounded | Annually | no | 500 | 1.250 | 1.550 | 1.750 | 1.600 | 2.000 | - |
| Royal Bank of Canada | Annually | At maturity | no | 500 | 1.250 | 1.550 | 1.750 | 1.600 | 2.000 | - |
| Servus Credit Union | Annually | At maturity | no | 500 | 1.250 | 1.350 | 1.400 | 1.600 | 2.000 | - |
| Standard Life | Annually | At maturity | yes | 25,000 | 1.250 | 1.375 | 1.500 | 1.750 | 2.000 | 2.025 |
| Standard Life | Annually | At maturity | yes | 250,000 | 1.250 | 1.375 | 1.500 | 1.750 | 2.000 | 2.025 |
| Standard Life | Annually | At maturity | yes | 100,000 | 1.250 | 1.375 | 1.500 | 1.750 | 2.000 | 2.025 |
| Standard Life | Annually | At maturity | yes | 50,000 | 1.250 | 1.375 | 1.500 | 1.750 | 2.000 | 2.025 |
| Standard Life | Annually | At maturity | yes | 1,000 | 1.250 | 1.375 | 1.500 | 1.750 | 2.000 | 2.025 |
| Standard Life | Annually | At maturity | yes | 500,000 | 1.250 | 1.375 | 1.500 | 1.750 | 2.000 | 2.025 |
| Sun Life - Insurance | Not compounded | Annually | yes | 1,000 | 1.200 | 1.200 | 1.200 | 1.750 | 2.000 | - |
| Sun Life - Insurance | Annually | At maturity | yes | 1,000 | 1.200 | 1.200 | 1.200 | 1.750 | 2.000 | - |
| Sun Life - Trust | Not compounded | Annually | yes | 1,000 | 1.200 | 1.200 | 1.200 | 1.750 | 2.000 | - |
| Sun Life - Trust | Annually | At maturity | yes | 1,000 | 1.200 | 1.200 | 1.200 | 1.750 | 2.000 | - |
| TD Canada Trust | Not compounded | Annually | no | 500 | 1.300 | 1.350 | 1.400 | 1.600 | 2.000 | - |
| TD Canada Trust | Annually | At maturity | no | 500 | 1.300 | 1.350 | 1.400 | 1.600 | 2.000 | - |
| ATB Financial | Semi-annually | At maturity | no | 500 | 1.380 | 1.550 | 1.500 | 1.750 | 1.950 | - |
| BMO Bank of Montreal | Not compounded | Annually | no | 500 | 1.000 | 1.150 | 1.350 | 1.600 | 1.950 | 1.950 |
| BMO Bank of Montreal | Not compounded | Annually | no | 500 | 1.000 | 1.150 | 1.350 | 1.600 | 1.950 | 1.950 |
| Canada Life | Annually | At maturity | yes | 75,000 | 1.000 | 1.200 | 1.300 | 1.650 | 1.950 | 2.150 |
| Desjardins Fin. Security | Not compounded | Annually | yes | 500 | 0.850 | 1.050 | 1.450 | 1.700 | 1.950 | - |
| Desjardins Fin. Security | Annually | At maturity | yes | 500 | 0.850 | 1.050 | 1.450 | 1.700 | 1.950 | - |
| Equitable Life | Annually | At maturity | yes | 500 | 0.850 | 1.300 | 1.500 | 1.750 | 1.950 | - |
| Equitable Life | Annually | At maturity | yes | 25,000 | 0.850 | 1.300 | 1.500 | 1.750 | 1.950 | - |
| Great-West Life | Not compounded | Annually | no | 50,000 | 1.000 | 1.200 | 1.300 | 1.650 | 1.950 | 2.150 |
| Great-West Life | Annually | At maturity | no | 50,000 | 1.000 | 1.200 | 1.300 | 1.650 | 1.950 | 2.150 |
| Great-West Life | Not compounded | Annually | yes | 50,000 | 1.000 | 1.200 | 1.300 | 1.650 | 1.950 | 2.150 |
| Great-West Life | Annually | At maturity | yes | 50,000 | 1.000 | 1.200 | 1.300 | 1.650 | 1.950 | 2.150 |
| HSBC Bank Canada | Annually | At maturity | no | 500 | 1.150 | 1.250 | 1.350 | 1.600 | 1.950 | - |
| HSBC Bank Canada | Annually | At maturity | no | 50,000 | 1.150 | 1.250 | 1.350 | 1.600 | 1.950 | - |
| Industrial Alliance | Annually | At maturity | yes | 1,000 | 0.900 | 1.150 | 1.250 | 1.550 | 1.950 | - |
| Industrial Alliance | Not compounded | Annually | yes | 1,000 | 0.900 | 1.150 | 1.250 | 1.550 | 1.950 | - |
| London Life | Annually | At maturity | yes | 50,000 | 1.000 | 1.200 | 1.300 | 1.650 | 1.950 | - |
| Empire Life | Annually | At maturity | yes | 500 | 1.000 | 1.200 | 1.400 | 1.700 | 1.900 | 1.900 |
| Ontario Civil Service CU | Annually | At maturity | no | 5,000 | 1.000 | 1.100 | 1.350 | 1.600 | 1.900 | - |
| Ontario Civil Service CU | Annually | At maturity | no | 1,000 | 1.000 | 1.100 | 1.350 | 1.600 | 1.900 | - |
| Canada Life | Annually | At maturity | yes | 25,000 | 0.875 | 1.075 | 1.175 | 1.525 | 1.825 | 2.025 |
| Great-West Life | Annually | At maturity | no | 25,000 | 0.875 | 1.075 | 1.175 | 1.525 | 1.825 | 2.025 |
| Great-West Life | Not compounded | Annually | yes | 25,000 | 0.875 | 1.075 | 1.175 | 1.525 | 1.825 | 2.025 |
| Great-West Life | Annually | At maturity | yes | 25,000 | 0.875 | 1.075 | 1.175 | 1.525 | 1.825 | 2.025 |
| Great-West Life | Not compounded | Annually | no | 25,000 | 0.875 | 1.075 | 1.175 | 1.525 | 1.825 | 2.025 |
| Manulife Investments | Annually | At maturity | yes | 2,500 | 0.750 | 1.200 | 1.300 | 1.550 | 1.800 | 1.850 |
| Bank of Nova Scotia | Annually | At maturity | no | 500 | 0.900 | 1.100 | 1.250 | 1.400 | 1.750 | - |
| Bk Nova Scotia Mtg. Corp | Annually | At maturity | no | 500 | 0.900 | 1.100 | 1.250 | 1.400 | 1.750 | - |
| CIBC | Annually | At maturity | no | 500 | 0.900 | 1.100 | 1.250 | 1.400 | 1.750 | - |
| Caisses Desjardins | Annually | At maturity | no | 500 | 0.900 | 1.150 | 1.250 | 1.500 | 1.750 | - |
| Caisses Desjardins | Not compounded | Annually | no | 1,000 | 0.900 | 1.150 | 1.250 | 1.500 | 1.750 | - |
| Fiducie Desjardins | Annually | At maturity | no | 1,000 | - | 1.150 | 1.250 | 1.500 | 1.750 | - |
| Fiducie Desjardins | Not compounded | Annually | no | 1,000 | 0.900 | 1.150 | 1.250 | 1.500 | 1.750 | - |
| Laurentian Bank Canada | Annually | At maturity | no | 500 | 0.850 | 1.100 | 1.250 | 1.400 | 1.750 | - |
| Laurentian Bank Canada | Not compounded | Annually | no | 500 | 0.850 | 1.100 | 1.250 | 1.400 | 1.750 | - |
| Laurentienne Trust | Annually | At maturity | no | 500 | - | 1.100 | 1.250 | 1.400 | 1.750 | - |
| Laurentienne Trust | Not compounded | Annually | no | 500 | 0.850 | 1.100 | 1.250 | 1.400 | 1.750 | - |
| National Bank | Annually | At maturity | no | 500 | 0.900 | 1.150 | 1.250 | 1.500 | 1.750 | - |
| Royal Bank of Canada | Semi-annually | At maturity | yes | 500 | 1.000 | 1.300 | 1.500 | 1.350 | 1.750 | - |
| Windsor Family C.U. | Annually | At maturity | no | 500 | 0.900 | 1.100 | 1.250 | 1.400 | 1.750 | - |
| BMO Bank of Montreal | Not compounded | Annually | yes | 500 | 0.750 | 0.900 | 1.100 | 1.350 | 1.700 | - |
| Caisses Desjardins | Not compounded | Semi-annually | no | 500 | 0.850 | 1.100 | 1.200 | 1.450 | 1.700 | - |
| Caisses Desjardins | Not compounded | Monthly | no | 500 | 0.850 | 1.100 | 1.200 | 1.450 | 1.700 | - |
| Canada Life | Annually | At maturity | yes | 1,000 | 0.750 | 0.950 | 1.050 | 1.400 | 1.700 | 1.900 |
| Great-West Life | Annually | At maturity | no | 500 | 0.750 | 0.950 | 1.050 | 1.400 | 1.700 | 1.900 |
| Great-West Life | Not compounded | Annually | yes | 500 | 0.750 | 0.950 | 1.050 | 1.400 | 1.700 | 1.900 |
| Great-West Life | Annually | At maturity | yes | 500 | 0.750 | 0.950 | 1.050 | 1.400 | 1.700 | 1.900 |
| Great-West Life | Not compounded | Annually | no | 500 | 0.750 | 0.950 | 1.050 | 1.400 | 1.700 | 1.900 |
| London Life | Annually | At maturity | yes | 1,000 | 0.750 | 0.950 | 1.050 | 1.400 | 1.700 | - |
| ATB Financial | Annually | At maturity | yes | 500 | 0.850 | 0.850 | 1.000 | 1.150 | 1.500 | - |
| Laurentian Bank Canada | Not compounded | Annually | yes | 500 | 0.600 | 0.850 | 1.000 | 1.150 | 1.500 | - |
| Laurentian Bank Canada | Annually | At maturity | yes | 500 | 0.650 | 0.850 | 1.000 | 1.150 | 1.500 | - |
| Laurentienne Trust | Not compounded | Semi-annually | no | 500 | 0.600 | 0.850 | 1.000 | 1.150 | 1.500 | - |
| Great-West Life | Not compounded | Monthly | no | 50,000 | 0.500 | 0.700 | 0.800 | 1.150 | 1.450 | 1.650 |
| Great-West Life | Not compounded | Monthly | yes | 50,000 | 0.500 | 0.700 | 0.800 | 1.150 | 1.450 | 1.650 |
| National Bank | Annually | At maturity | yes | 500 | 0.650 | 0.850 | 0.950 | 1.200 | 1.450 | - |
| Laurentienne Trust | Not compounded | Quarterly | no | 500 | 0.500 | 0.730 | 0.880 | 1.030 | 1.380 | - |
| Great-West Life | Not compounded | Monthly | yes | 25,000 | 0.375 | 0.575 | 0.675 | 1.025 | 1.325 | 1.525 |
| Great-West Life | Not compounded | Monthly | no | 25,000 | 0.375 | 0.575 | 0.675 | 1.025 | 1.325 | 1.525 |
| ATB Financial | Semi-annually | At maturity | yes | 500 | 0.600 | 0.600 | 0.750 | 0.900 | 1.250 | - |
| Laurentienne Trust | Not compounded | Monthly | no | 500 | 0.500 | 0.600 | 0.750 | 0.900 | 1.250 | - |
| Great-West Life | Not compounded | Monthly | no | 500 | 0.250 | 0.450 | 0.550 | 0.900 | 1.200 | 1.400 |
| Great-West Life | Not compounded | Monthly | yes | 500 | 0.250 | 0.450 | 0.550 | 0.900 | 1.200 | 1.400 |
| Alterna Bank | Not compounded | Annually | yes | 500 | 1.100 | - | - | - | - | - |
| Alterna Savings | Not compounded | Annually | yes | 500 | 1.100 | - | - | - | - | - |
| CFF Bank | Not compounded | At maturity | cashable | 25,000 | 0.850 | - | - | - | - | - |
| CFF Bank | Not compounded | At maturity | cashable | 10,000 | 0.750 | - | - | - | - | - |
| CIBC | Annually | At maturity | yes | 500 | 0.650 | 0.850 | 1.000 | - | - | - |
| CIBC | Not compounded | Annually | cashable | 500 | 0.800 | - | - | - | - | - |
| Concentra Financial | Not compounded | Annually | cashable | 5,000 | 0.900 | - | - | - | - | - |
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).
Prepared by Cannex on July 24, 2014
This information is current as of the date and time posted and is subject to change without notice.
© Copyright 2007 CANNEX Financial Exchanges Limited. All rights reserved.