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    Personal Banking in Canada

    Est 1817 and with 900 branches nationwide BMO provides individuals with Chequing, Savings, GiC, RRSP and RESP products.Learn More

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    International Banking in Canada

    HSBC Canada is part of the HSBC global Bank network with international service standards for expats and for those moving to the country since 1981 Find Out More

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    Private Wealth Banking in Canada

    BMO Harris Private Banking provides enhanced banking services and concierge services for its affluent Canadian and international customers. Learn More

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    Business Banking in Canada

    Est in 1864, RBC provides small business and commercial banking products for investments, credit and financing. Find Out More

Rates

Deposit Account Type Term APY Account Details
ING Direct Canada 1 Year GIC 1 year 1.35% This interest rate applies to the ING GIC 'Guaranteed Investment' which is for 1 year and ha - CAD - Feb, 2014 More Info
TD Canada Trust 1 Year GIC 1 year 1.35% This TD Non-Cashable GIC product has an interest rate that is applicable for a 1 year / 12 month - CAD - Feb, 2014 More Info
RBC 1 Year GIC 1 year 1.05% - Rate is for a Redeemable GIC and is for 1 to 1.5 years- Minimum deposit : $500- Invest - CAD - Feb, 2014 More Info
BMO 1 Year GIC 1 year 1.000% Rate is for 1 year and Annual / Annual Compound Interest Payment Option and $1,000 - $99,999 for - CAD - Apr, 2014 More Info
BMO 6 Month GIC 6 month 1.000% This GIC interest Rate is for a term between 180 - 269 days and is for the 'BMO Short Term Invest - CAD - Apr, 2014 More Info
Scotiabank 1 Year GIC 1 year 0.90% Rate is for 'Long Term Non-Redeemable GICs'(Non-Registered:An - CAD - Feb, 2014 More Info
CIBC 1 Year GIC 1 year 0.900% Rate is for 'CIBC Long Term GIC' account and is term is for 12 - 16 months and $1000 - $999,999 - CAD - Apr, 2014 More Info
BMO 3 Month GIC 3 month 0.900% This BMO Guarenteed Investment Certificate interest Rate is for a term between 90 - 119 days and - CAD - Apr, 2014 More Info
Desjardins 1 Year Term Savings Account 1 year 0.90% This fixed interest rate product refers to the 'term savings' product for a 1 year at maturity te - CAD - Feb, 2014 More Info
HSBC Canada 1 Year Term Deposit 1 year 0.85% This CAD Interest rate is a 1 year / 12 month term and requires a minimum of 5,000. This product - CAD - Feb, 2014 More Info
TD Canada Trust 6 Month GIC 6 month 0.85% This is a TD Non-Cashable GIC short term product and the interest rate is applicable for a 180 da - CAD - Feb, 2014 More Info
Vancity 1 Year Term Deposit 1 year 0.80% The interest rate indicated  applies to the 'redeemable term deposit product' that requires - CAD - Feb, 2014 More Info
TD Canada Trust 3 Month GIC 3 month 0.75% This is a Non-Cashable Guarenteed Investment Certificate (GIC) product and is applicable for a 3 - CAD - Feb, 2014 More Info
RBC 6 Month GIC 6 month 0.750% - Rate is for a Redeemable GIC and is for 180 to 269 days- Applicable to balanc - CAD - Feb, 2014 More Info
TD Canada Trust 1 Year Term Deposit 1 year 0.70% This TD interest rate is for a 12 month/1 year deposit term (long term) with a minimum of $1000 - CAD - Feb, 2014 More Info
RBC 3 Month GIC 3 month 0.650% - The Interest Rate is for the Redeemable GIC Product and is for 90 to 179 days or 3 month equiva - CAD - Feb, 2014 More Info
National Bank of Canada 1 Year GIC 1 year 0.65% This 'Redeemable GIC' product for a 12 month or 1 year term with Interest paid at maturity/annual - CAD - Feb, 2014 More Info

Economy

Compare Bank Deposit Rates in Canada

Canada lies between the Atlantic and Pacific Oceans north of the United States. The Canadian economy ranks 14th in the world with a GDP PPP of more than $1.28 Trillion USD according to the IMF in 2009. Canada has a Federation, parliamentary democracy and constitutional monarchy government. According to CIA.gov its inflation was 2.4% in 2008 and .3% in 2009.

Deposit Insurance for GICs and Savings Accounts

If you only have a single banking provider, please note that the Canada Deposit Insurance Corporation (CDIC), only provides the maximum basic protection for eligible deposits of $100,000 (principal and interest combined) per depositor in each CDIC member institution. Note this includes includes savings accounts, term deposits and GICs.

http://www.cdic.ca/Protecting_Your_Deposits.html (CDIC information)

  • Scotiabank Scotiabank Est 1832. 7.6 m customers 1038 branches/3,800 ATMs Find Out More
  • TD Canada Trust TD Canada Trust Manage investments Online Mutual Funds, GICs, TFSA Find Out More
  • RBC Royal Bank RBC Royal Bank Tailored Private Banking Exclusive Investment Offerings Find Out More
  • BMO Bank of Montreal BMO Bank of Montreal Business & Corp Accounts Investments & Financing Find Out More