Best GIC Rates in Ontario - March 2026

Find the highest guaranteed investment certificate rates in Canada. Compare all major banks and credit unions with CDIC protection up to $100,000.

4.25%
Highest Rate
20
Banks Compared
$100K
CDIC Insured

🔥 Top GIC Rates Right Now

Updated March 2026 - Start earning more today

Rank Bank Rate Term Min Deposit Action
🥇 #1
Tangerine
GIC
4.25%
APY
Various
$500
View Details
🥈 #2
Saven Financial
GIC
4.0%
APY
Various
$1000
View Details
🥉 #3
MCAN Wealth
GIC
3.95%
APY
Various
$100
View Details
#4
WealthONE
GIC
3.85%
APY
Various
$1000
View Details
#5
Home Trust
GIC
3.8%
APY
Various
$1000
View Details
🛡️

CDIC Protected

All featured GICs are protected by Canada Deposit Insurance Corporation up to $100,000 per depositor.

📈

Highest Rates

We track rates from all major Canadian banks and credit unions to ensure you get the best returns on your money.

Updated Daily

Our rate data is updated daily to ensure you always have access to the most current information.

Complete GIC Rates Comparison

Compare all available GIC rates from Canadian financial institutions

Bank Product Rate Term Min Deposit Features Action
Tangerine
GIC
4.25%
Flexible
$500
Learn More →
Saven Financial
GIC
4.0%
Flexible
$1000
Learn More →
MCAN Wealth
GIC
3.95%
Flexible
$100
Learn More →
WealthONE
GIC
3.85%
Flexible
$1000
Learn More →
Home Trust
GIC
3.8%
Flexible
$1000
Learn More →
Oaken Financial
GIC
3.8%
Flexible
$1000
Learn More →
WealthONE Bank of Canada
GIC
3.75%
Flexible
$1000
Learn More →
EQ Bank
GIC
3.75%
Flexible
$100
Learn More →
MCAN Wealth
GIC
3.75%
Flexible
$100
Learn More →
Saven Financial
GIC
3.75%
Flexible
$1000
Learn More →
WealthONE
GIC
3.75%
Flexible
$1000
Learn More →
WealthONE Bank of Canada
GIC
3.7%
Flexible
$1000
Learn More →
Achieva Financial
GIC
3.7%
Flexible
$1000
Learn More →
Achieva Financial
GIC
3.7%
Flexible
$1000
Learn More →
EQ Bank
GIC
3.7%
Flexible
$100
Learn More →
Home Trust
GIC
3.7%
Flexible
$1000
Learn More →
MAXA Financial
GIC
3.7%
Flexible
$500
Learn More →
MCAN Wealth
GIC
3.7%
Flexible
$100
Learn More →
MCAN Wealth
GIC
3.7%
Flexible
$100
Learn More →
Oaken Financial
GIC
3.7%
Flexible
$1000
Learn More →

Frequently Asked Questions

What are the best GIC rates in Canada 2026?

The best GIC rates in Canada 2026 range from 4.50% to 5.25% APY, depending on the term and institution. EQ Bank, Tangerine, and several credit unions currently offer the highest rates. All GICs are CDIC insured up to $100,000 per depositor.

How often do GIC rates change in Canada?

GIC rates in Canada can change daily and are influenced by the Bank of Canada's overnight rate, market conditions, and individual bank policies. We update our rate comparisons daily to ensure you have the most current information.

What's the difference between cashable and non-cashable GICs?

Non-cashable GICs typically offer higher rates but lock your money for the full term. Cashable GICs allow early withdrawal but usually offer lower rates. Choose based on whether you might need access to your funds before maturity.

Are GIC rates expected to rise or fall in 2026?

GIC rates in 2026 will largely depend on Bank of Canada policy decisions. With inflation concerns and economic conditions, rates may fluctuate. Locking in current high rates with longer terms could be beneficial if you expect rates to decline.

What's the minimum deposit for the best GIC rates?

Many of the best GIC rates require minimum deposits ranging from $500 to $1,000, though some institutions offer competitive rates with no minimum. Credit unions often have lower minimums than major banks while offering competitive rates.

Ready to Start Earning More?

Compare all the best GIC rates in Canada and find your perfect match.