Banking · Guaranteed Investment Certificates

Best GIC rates
in Canada 2026

Lock in a guaranteed return with no market risk. We ranked every major GIC provider in Canada by rate, term flexibility, and CDIC insurance coverage — updated weekly.

Up to 4.80%Best 1-year rate
$1,000Typical minimum
$100KCDIC coverage
◈ Key fact

GIC laddering — splitting your money across 1, 2, 3, 4, and 5-year terms — gives you both higher long-term rates and regular access to maturing funds each year. It's the most effective GIC strategy for most Canadians.

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GIC rates are fixed at time of purchase and verified weekly. Rates change frequently — confirm before locking in. All accounts are CDIC-insured up to $100,000 per depositor per institution. Rankings are never influenced by compensation.