GICs High growth. Guaranteed returns. Lock in 5.45%^* on a 1-year GIC.

Get guaranteed returns on registered and non-registered GICs with some of the best rates in the market.

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Don’t miss our featured GIC rates

Registered5 Year

5.00%^*

Get this rate

Non-registered 1 Year

5.45%^*

Get this rate

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Smart features

Rates that make your savings go boom

Say hello to some of the highest guaranteed rates in the industry on our GICs.
Registered or non-registered, take your pick
Want to invest in a non-registered or a tax-advantaged registered GIC? We’ve got you on both fronts. To buy a registered GIC, you’ll need to open a TFSA or RSP Savings Account.
Plenty of term options

You’re the one in charge of your savings, and that includes choosing whether short or long term GICs are right for you (or hey, maybe it’s both).
Investments in a safe place

All deposits in EQ Bank products are eligible for Canada Deposit Insurance Corporation (CDIC) protection^†.
Low minimum deposit

We’re not about being restrictive, so you can start investing in GICs with as little as $100.
A GIC in seconds

As long as you have available funds in your Savings Plus Account, you can literally buy a GIC in seconds.

How much growth are we really talking about?

Use our calculator to see how much your savings will grow with our different options.

Interest calculations are estimates.

How much do you want to invest? Amount

GIC Term GIC Terms

How do you want your interest paid out?

Interest is paid at maturity Interest is calculated on a per annum basis and compounded annually

Interest is paid annually Simple interest is calculated on a per annum basis

Simple interest is calculated on a per annum basis

Term (Year)

Our Rate

GIC Term

Interest Earned

Get a GIC rate that’s yours to keep

Have questions? Get answers to common questions about GICs here.

Non-registered GICs

Term	Rate^*	Start investing
3 Month	3.75%	Get rate
6 Month	4.50%	Get rate
9 Month	4.75%	Get rate
1 Year	5.45%	Get rate
15 Month	5.40%	Get rate
2 Year	5.30%	Get rate
27 Month	5.25%	Get rate
3 Year	5.10%	Get rate
4 Year	5.05%	Get rate
5 Year	5.00%	Get rate
6 Year	4.25%	Get rate
7 Year	4.25%	Get rate
10 Year	4.25%	Get rate

Looking for registered GICs?

We’ve got you covered—check out our high rates on RSP GICs, FHSA GICs, and TFSA GICs. Before you buy, you’ll need to open an RSP Savings Account, FHSA Savings Account, or TFSA Savings Account (it’s really easy.)

EQ Bank RSP GIC terms & rates

Term	Rate^*	Start investing
3 month	3.75%	Get rate
6 month	4.50%	Get rate
9 month	4.75%	Get rate
1 year	5.45%	Get rate
15 month	5.40%	Get rate
2 year	5.30%	Get rate
27 month	5.25%	Get rate
3 year	5.10%	Get rate
4 year	5.05%	Get rate
5 year	5.00%	Get rate
6 year	4.25%	Get rate
7 year	4.25%	Get rate
10 year	4.25%	Get rate

EQ Bank FHSA GIC terms & rates

Term	Rate^*	Start investing
3 month	3.75%	Get rate
6 month	4.50%	Get rate
9 month	4.75%	Get rate
1 year	5.45%	Get rate
15 month	5.40%	Get rate
2 year	5.30%	Get rate
27 month	5.25%	Get rate
3 year	5.10%	Get rate
4 year	5.05%	Get rate
5 year	5.00%	Get rate
6 year	4.25%	Get rate
7 year	4.25%	Get rate
10 year	4.25%	Get rate

EQ Bank TFSA GIC terms & rates

Term	Rate^*	Start investing
3 month	3.75%	Get rate
6 month	4.50%	Get rate
9 month	4.75%	Get rate
1 year	5.45%	Get rate
15 month	5.40%	Get rate
2 year	5.30%	Get rate
27 month	5.25%	Get rate
3 year	5.10%	Get rate
4 year	5.05%	Get rate
5 year	5.00%	Get rate
6 year	4.25%	Get rate
7 year	4.25%	Get rate
10 year	4.25%	Get rate

Common questions answered

Can I redeem GICs before they mature?

How many GICs can I buy?

What happens when my GIC matures?

Is the interest earned from my GIC taxed?

Will I get a physical certificate for my GIC purchase?

Are GICs available in Quebec?

Visit our FAQ for more details about our GICs.

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Footnotes

Footnote *: 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. Rates are calculated on a per annum basis and are subject to change at any time.

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Footnote †: Equitable Bank is a member of CDIC. EQ Bank is a trade name of Equitable Bank.

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Footnote: EQ Bank does not offer the following products in the province of Quebec: US Dollar Account, International Money Transfers, RSP Savings Accounts, RSP GICs, FHSA Savings Account, and FHSA GICs. Additionally, the EQ to EQ transfers feature is not available in Quebec.

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GICs High growth. Guaranteed returns. Lock in 5.45%* on a 1-year GIC.

Don’t miss our featured GIC rates

Registered5 Year

Non-registered 1 Year

Want growth so advanced you don’t even have to think?

Smart features

Rates that make your savings go boom

Registered or non-registered, take your pick

Plenty of term options

Investments in a safe place

Low minimum deposit

A GIC in seconds