EQ Bank GIC Rates - Updated August 2025

Compare EQ Bank Guaranteed Investment Certificate rates and features. Find the best deal for your savings with CDIC-insured protection.

Compare All GIC Rates

💰 Current EQ Bank GIC Rates

Product Rate Term Min Deposit Action
GIC (5-year)
 3.65% 5-year $1,000 Apply Now
EQ Bank 5 Years GIC
 3.65% 5 years $100 Apply Now
EQ Bank 4 Years GIC
 3.55% 4 years $100 Apply Now
EQ Bank 3 Years GIC
 3.50% 3 years $100 Apply Now
EQ Bank 2 Years GIC
 3.45% 2 years $100 Apply Now

About EQ Bank

EQ Bank is a leading digital bank in Canada, known for competitive savings rates and innovative banking solutions.

Bank Details

Key Features

  • No monthly fees
  • Unlimited transactions
  • Mobile banking
  • 24/7 customer service

About Guaranteed Investment Certificate

A secure investment that guarantees to preserve capital while earning a fixed rate of return.

Tax Treatment: Interest income is taxable (unless in registered account)
Liquidity: Low - locked in for term
Risk Level: No risk (CDIC insured)

Best For:

  • Conservative investors
  • Guaranteed returns
  • Capital preservation
  • Known timeline

📊 How EQ Bank Compares to Other Banks

Tangerine

4.25%

Tangerine GIC

View Details

CIBC

4.00%

CIBC GIC

View Details

Saven Financial

4.00%

GIC (4-year)

View Details

Saven Financial

4.00%

Saven Financial 4 Years GIC

View Details

MCAN Wealth

3.95%

GIC (5-year)

View Details

MCAN Wealth

3.95%

MCAN Wealth 5 Years GIC

View Details

❓ Frequently Asked Questions

What is the current EQ Bank GIC rate?

Current EQ Bank Guaranteed Investment Certificate rates vary based on term and balance. Use our comparison tool for the most up-to-date rates.

What is the minimum deposit for EQ Bank GIC?

The minimum deposit for EQ Bank Guaranteed Investment Certificate is $100.

Is EQ Bank CDIC insured?

Yes, EQ Bank is a CDIC member institution.

How does EQ Bank GIC compare to other banks?

Use our comparison tool to see how EQ Bank Guaranteed Investment Certificate rates and features compare to other Canadian banks.

🔗 Related Rate Comparisons

EQ Bank TFSA Rates

Bank Product

EQ Bank HISA Rates

Bank Product

Tangerine GIC Rates

Bank Product

EQ Bank vs Tangerine GIC Comparison

Comparison

Simplii Financial GIC Rates

Bank Product

EQ Bank vs Simplii Financial GIC Comparison

Comparison