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

Want growth so advanced
you don’t even have to think?
Then invest it, forget it, and earn more without paperwork, long processes or any other banking nonsense. Our GIC options let you lock in any of our amazing rates, so no matter what happens, that rate is yours. We’ve also got a range of term options to help you invest smarter.
Smart features
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Rates that make your savings go boom
Say hello to some of the highest guaranteed rates in the industry on our GICs.
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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.
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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).
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Investments in a safe place
All deposits in EQ Bank products are eligible for Canada Deposit Insurance Corporation (CDIC) protection†.
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Low minimum deposit
We’re not about being restrictive, so you can start investing in GICs with as little as $100.
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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.
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?
Unfortunately not. Once the cancellation period has passed, your GIC is non-redeemable, and your funds are locked in. For more information, please refer to the EQ Bank GIC Agreement.
How many GICs can I buy?
You can buy up to 20 GICs. Each GIC purchase must be for at least $100, and can be up to a maximum of $100,000. Customers can hold up to $500,000 in GICs, excluding interest earned.
What happens when my GIC matures?
Once your GIC reaches the maturity date, the funds will be placed in your Savings Plus Account (the one from which your initial investment was funded). You will receive an email or SMS alert notifying you of the GIC maturity.
Is the interest earned from my GIC taxed?
Yes. Any interest you earn from your GIC investments will be included on your T5 tax slip.
T5 tax slips can be found by signing in to your account through the EQ Bank mobile app or online banking website.
Will I get a physical certificate for my GIC purchase?
No, but you can view your current and previous GIC purchases by signing in to your account.
Are GICs available in Quebec?
Yes, our GICs are available to Quebec customers (except for RSP GICs, which are not available). See all the products that are available in Quebec here.
Visit our FAQ for more details about our GICs.