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High interest GICs. Guaranteed savings.

Simple, safe and secure, our GICs are designed to help grow your money faster with guaranteed high rates. You’ll have peace of mind knowing you’re making money on your money with a 100% rate guarantee and confidence that your money is protected.

Get a GIC rate that’s yours to keep
Term Rate Start Investing
3 Month GIC 1.50% Get rate
6 Month GIC 1.50% Get rate
9 Month GIC 1.50% Get rate
1 Year GIC 1.50% Get rate
15 Month GIC 1.50% Get rate
2 Year GIC 1.50% Get rate
27 Month GIC 1.50% Get rate
3 Year GIC 1.50% Get rate
4 Year GIC 1.60% Get rate
5 Year GIC 1.80% Get rate
6 Year GIC 2.30% Get rate
7 Year GIC 2.35% Get rate
10 Year GIC 2.70% Get rate

Features

  • Competitive Rates

    Competitive Rates

    Say hello to some of the highest rates in the industry to help you save even more.

  • Flexible Options

    Flexible Options

    Short or long-term, choose from our wide range of options for whatever goals you’re saving towards.

  • Low Minimum Deposit

    Low Minimum Deposit

    With only a $100 minimum deposit, you can safely put money away without worrying about high limits.

  • Mobile Dashboard

    Mobile Dashboard

    Track your progress on the go with the EQ Bank mobile banking app anytime, anywhere.

Purchase a GIC

Wondering which GIC is right for you?

Good thing we’ve got options – and lots of them. See how much high interest your savings can earn with our handy calculator.

Interest calculations are estimates.

How much do you want to invest?
GIC Term
How do you want your interest paid out?
Simple interest is calculated on a per annum basis
Term (Year)
Our Rate
GIC Term 
Interest Earned
Buy GIC
Our Rate
GIC Term 
Interest Earned
Buy GIC

Save smarter with the new EQ Bank app

We’ve made it easier to track your progress, deposit cheques and do more with tools designed to help you reach your goals sooner. Download the EQ Bank app on your mobile device today.

  • Download on the App Store
  • Get it on Google Play
Mobile app

Equitable Bank is a member of CDIC

Because Equitable Bank† is a member of the Canada Deposit Insurance Corporation (CDIC), your money at EQ Bank is eligible for deposit insurance. CDIC protects eligible deposits up to a maximum of $100,000 per depositor, per insured category.

Deposit Protection Des Dépôts
* EQ Bank GICs are non-redeemable. For GIC terms of less than one year, simple interest is calculated on a per diem basis and paid at maturity. For GIC terms equal to one year, simple interest is calculated on a per annum basis and paid at maturity. For GIC terms of over one year, not including 15 and 27 month terms, interest is calculated on a per annum basis and paid either annually (simple interest) or at maturity (compounded annually). For GIC terms of 15 and 27 months, interest is calculated on a per annum basis, compounded annually and paid solely at maturity. In all cases, interest is accrued for the entire GIC term. Maximum 20 GICs per customer. Per GIC investment limit of $100,000. Aggregate GIC investment limit of $500,000. Except for our limited time rates, the rates shown are in effect as at June 27th, 2020. Rates are calculated on a per annum basis and are subject to change at any time.
† Equitable Bank is a member of CDIC. EQ Bank is a trade name of Equitable Bank.

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