Rate guide · data as of 2026-10-16

Best 1-Year GIC Rates

All Canada

Looking for the best 1-year GIC rate for your money? We rank every 1-year GIC we track across Canadian banks, credit unions and trust companies — so your next move is the right one.

Holding it in a registered account? See the best TFSA rates, RRSP rates and FHSA rates.

for a term of:
with registration:
with redemption:
display rates from institutions in:

Top 1-year GIC rates in All Canada

ⓘ The best 1-year rates we track for your filters.

We hunt. You gather.

Rates move with every delivery. Get rate alerts from Ratehunter and you'll be the first to know when a higher 1-year GIC rate lands.

Get rate alerts

Related reading

GIC laddering: build a five-year ladder at today's best rates

A $50,000 five-rung GIC ladder built with the best rate per term on our boards earns $2,070 in year one, $501 more than the same ladder at big-bank average posted rates. Every rung priced from live board data, current to August 26.

Ratehunter · September 16, 2026

Top 10 1-Year GIC rates in All Canada

ⓘ The top ten rates in your selected region — one per institution.

  1. 1Pathwise Credit UnionFHSA GIC5.00%
  2. 2StellerVista Credit UnionNon-registered · Promo4.05%
  3. 3Haventree BankNon-registered4.00%
  4. 4Northern Birch Credit UnionFHSA GIC · Promo4.00%
  5. 5MCAN Financial GroupNon-registered3.90%
  6. 6Steinbach Credit UnionFHSA GIC3.90%
  7. 7Hubert FinancialFHSA GIC3.85%
  8. 8MAXA FinancialNon-registered3.85%
  9. 9Outlook FinancialFHSA GIC3.85%
  10. 10Access Credit UnionRESP GIC3.80%

1-year GIC rate history

Best posted non-registered rate across the institutions we track

Series
Latest2.45%Oct 14, 2026
Last change-0.25%Aug 26, 2026
High5.10%Aug 30, 2023
Low0.25%Aug 25, 2021
6%4.50%3%1.50%0%202120222023202420252026

Tracked since Aug 25, 2021 · 63 snapshots

Big-bank posted average: Bank of Canada, month-end values, five years — the chartered-bank baseline, not the best rate on the market. How the BoC rate shapes yours →

Understanding GIC terms

What is a GIC?

A Guaranteed Investment Certificate (GIC) is a Canadian deposit where you commit a lump sum for a fixed term — typically 30 days to 5 years — in exchange for a guaranteed interest rate. Your principal can't lose value, which makes it one of the safest ways to grow savings.

Why invest in a GIC?

The rate is locked in at purchase, so your return is predictable no matter what happens to interest rates during the term. GICs are useful for capital you can't afford to put at risk, for laddering fixed-income, and for holding inside a TFSA or RRSP where the interest grows tax-sheltered.

How do I choose a 1-year term?

A 1-year GIC locks your rate for 1 year. Shorter terms keep you flexible if rates rise; longer terms usually pay more and suit money you won't need for a while. Either way, compare redeemable vs. non-redeemable — non-redeemable locks your funds but typically pays more.

Get started today

Use the table below to compare every 1-year GIC available in your region, then confirm the current rate and terms directly with the institution before you buy. Rates change often — we refresh ours with every data delivery.

Education Centre

GIC Basics

What is a GIC?

A plain-language guide to guaranteed investment certificates.

Read more →
Insurance

Deposit insurance in Canada

CDIC vs provincial funds — who covers what, and where it's unlimited.

Read more →
Compare

Best GIC rates by term

1-, 2-, 3-, 4- and 5-year leaderboards in one place.

Read more →

All 1-year GIC rates in All Canada

ⓘ Every 1-year GIC rate we track in your region — best per institution and account type.

Highlighted rows are promo rates
Financial institutionMin balance+/−Rate %
Pathwise Credit Union——5.00%
StellerVista Credit Union——4.05%
Haventree Bank——4.00%
Northern Birch Credit Union$10,000—4.00%
Pathwise Credit Union——4.00%
MCAN Financial Group——3.90%
Steinbach Credit Union$250,000—3.90%
Hubert Financial——3.85%
MAXA Financial——3.85%
Outlook Financial——3.85%
Steinbach Credit Union$100,000—3.85%
Access Credit Union——3.80%
Pathwise Credit Union——3.80%
Saven Financial——3.80%
Serenia Life FinancialGIA$100,000—3.80%
Steinbach Credit Union——3.80%
Wealth One Bank of Canada——3.80%
Winnipeg Police Credit Union——3.80%
Assiniboine Credit Union——3.75%
HMECU——3.75%
Oaken Financial——3.75%
Servus Credit Union——3.75%
Achieva Financial——3.70%
Belgian Alliance Credit Union——3.70%
EQ Bank——3.70%
Equity Credit Union——3.70%
Peoples Bank——3.70%
RFA Bank of CanadaVia Broker$5,000—3.66%
Cambrian Credit Union——3.65%
Fusion Credit Union——3.65%
Community TrustVia Broker$5,000↓0.053.61%
Lighthouse Credit Union$3,000—3.60%
Southwest Regional Credit Union——3.60%
Tangerine Bank——3.60%
B2B BankVia Broker——3.55%
Compass Credit Union——3.55%
Niverville Credit Union——3.55%
Serenia Life FinancialGIA$50,000—3.55%
Steinbach Credit Union——3.55%
Stride Credit Union——3.55%
Sunrise Credit Union——3.55%
Questbank$5,000↓0.023.52%
Bruno Savings & Credit Union——3.50%
Bruno Savings & Credit Union——3.50%
Concentra Bank$5,000—3.50%
Equitable BankVia Broker—↑0.093.50%
Equity Credit Union——3.50%
Laurentian Bank——3.50%
League Savings & Mortgage—↑0.203.50%
VersaBankVia Broker——3.49%
Bridgewater Bank$5,000—3.45%
General Bank of CanadaVia Broker$5,000↓0.033.45%
Me-Dian Credit Union——3.45%
Moya Financial——3.45%
Santander Consumer BankVia Broker—↑0.053.45%
Sunrise Credit Union——3.45%
Home TrustVia Broker$10,000—3.42%
BCU Financial——3.40%
Desjardins - Caisses——3.40%
Ma Financière——3.40%
Your Credit Union——3.40%
Home BankVia Broker—↓0.043.38%
Home Equity BankVia Broker$5,000↓0.103.38%
Home TrustVia Broker—↓0.043.38%
Envision Financial (Tru)——3.36%
FirstOntario Credit Union——3.35%
Mainstreet Credit Union——3.35%
Manulife Bank$2,500—3.35%
President's Choice Bank—↓0.053.31%
Acadian Credit Union——3.30%
Beaubear Credit Union——3.30%
Beem Credit Union——3.30%
Caisse populaire de Clare——3.30%
Cape Breton Credit Union——3.30%
Desjardins - Caisses$10,000—3.30%
Desjardins - Caisses$5,000—3.30%
First Credit Union——3.30%
Glace Bay Central Credit Union——3.30%
League Savings & Mortgage——3.30%
Meridian Credit Union——3.30%
Moya Financial——3.30%
NBTA Credit Union——3.30%
Pathwise Credit Union——3.30%
SASCU——3.30%
SBI Canada Bank——3.30%
Serenia Life FinancialGIA——3.30%
St. Joseph's Credit Union——3.30%
Sydney Credit Union——3.30%
TransCanada Credit Union——3.30%
Vancity——3.30%
Assiniboine Credit Union——3.25%
League Savings & Mortgage$5,000↑0.203.25%
Manulife Bank$10,000—3.25%
Parama Credit Union——3.25%
Resurrection Credit Union——3.25%
Servus Credit Union——3.25%
Sun Life - Trust—↓0.053.25%
Cascadia Credit Union——3.20%
Coastal Community Credit Union——3.20%
DUCA——3.20%
Integris Credit Union——3.20%
Northern Credit Union——3.20%
Talka Credit Union——3.20%
The Police Credit Union——3.20%
YNCU$100,000—3.20%
B2B BankVia Broker$10,000—3.17%
Affinity Credit Union——3.15%
Beaubear Credit Union——3.15%
Cascadia Credit Union——3.15%
Conexus Credit Union——3.15%
Fusion Credit Union——3.15%
Innovation Federal CU——3.15%
Kawartha (a division of Libro)——3.15%
Kindred Credit Union$25,000—3.15%
Libro Credit Union——3.15%
National Bank (incl. former CWB retail)——3.15%
Shinhan Bank Canada——3.15%
YNCU$20,000—3.15%
Coast Capital Savings——3.10%
First Credit Union——3.10%
Kindred Credit Union——3.10%
Northern Savings Credit Union——3.10%
Prospera Credit Union——3.10%
Shinhan Bank Canada$100,000 / $500,000—3.10%
Sunshine Coast Credit Union——3.10%
Ukrainian Credit Union——3.10%
Vancity——3.10%
VantageOne Credit Union——3.10%
Vermilion Credit Union——3.10%
YNCU——3.10%
Christian Credit Union$1,000,000—3.05%
EquitableGIA$200,000 / $500,000—3.05%
League Savings & Mortgage$5,000—3.05%
Shinhan Bank Canada$50,000—3.05%
UV InsuranceVia BrokerGIA$500,000—3.05%
Vancity——3.05%
Accent Credit Union$5,000—3.00%
Biggar & District Credit Union——3.00%
Blackville Credit Union——3.00%
BMO Bank of Montreal——3.00%
Christian Credit Union$500,000—3.00%
CIBC——3.00%
Coast Capital Savings——3.00%
Golden Horseshoe Credit Union$100,000—3.00%
KEB Hana Bank Canada——3.00%
Kingston Community Credit Union——3.00%
Kootenay Savings Credit Union——3.00%
Lakeland Credit Union——3.00%
Motor City Credit Union——3.00%
Servus Credit Union——3.00%
Shinhan Bank Canada$5,000—3.00%
TCU Financial Group——3.00%
TD Canada Trust——3.00%
Thorold Community Credit Union——3.00%
UNI Financial Cooperation——3.00%
UV InsuranceVia BrokerGIA$200,000—3.00%
Valley Credit Union——3.00%
Vancouver Firefighters CU——3.00%
Weyburn Credit Union——3.00%
Christian Credit Union$250,000—2.95%
Shinhan Bank Canada——2.95%
UV InsuranceVia BrokerGIA$100,000—2.95%
WFCU Credit Union——2.95%
Prosperity Credit Union——2.93%
Scotiabank$5,000 / $100,000—2.92%
Envision Financial (Tru)——2.91%
1st Choice Savings——2.90%
Christian Credit Union——2.90%
KEB Hana Bank Canada——2.90%
Kootenay Savings Credit Union——2.90%
Shinhan Bank Canada——2.90%
Sun Life - InsuranceGIA—↓0.052.90%
Williams Lake and District Credit Union——2.90%
Servus Credit Union$5,000—2.88%
Simplii Financial——2.86%
Edam Credit Union——2.85%
Manulife InvestmentsGIA$500,000↓0.052.85%
Meridian Credit Union——2.85%
Public Service Credit Union——2.85%
StellerVista Credit Union——2.85%
Stoughton Credit Union——2.85%
Sun Life - Trust—↓0.052.85%
Sun Life - InsuranceGIA——2.85%
The Energy Credit Union——2.85%
UV InsuranceVia BrokerGIA$50,000—2.85%
Vancouver Firefighters CU——2.84%
Golden Horseshoe Credit Union$50,000—2.80%
Industrial AllianceGIA$200,000↓0.052.80%
KEB Hana Bank Canada$100,000—2.80%
Luseland Credit Union——2.80%
Manulife InvestmentsGIA$200,000↓0.052.80%
Peace Hills Trust——2.80%
Resurrection Credit Union——2.80%
Southwest Regional Credit Union——2.80%
UV InsuranceVia BrokerGIA$25,000—2.80%
Creston & District Credit Union——2.75%
Dodsland and District Credit Union——2.75%
Frontline Credit Union——2.75%
Golden Horseshoe Credit Union$25,000—2.75%
Industrial AllianceGIA$100,000↓0.052.75%
KEB Hana Bank Canada$50,000—2.75%
KEB Hana Bank Canada$100,000—2.75%
Luminus Financial——2.75%
Manulife InvestmentsGIA$100,000↓0.052.75%
OMISTA Credit Union——2.75%
Ontario Educational Credit Union——2.75%
Prairie Pride Credit Union——2.75%
Sandhills Credit Union——2.75%
WFCU Credit Union——2.75%
Bulkley Valley Credit Union——2.70%
Canada LifeGIA—↓0.052.70%
East Coast Credit Union——2.70%
Flin Flon Credit Union——2.70%
Golden Horseshoe Credit Union$10,000—2.70%
GVCCU$5,000—2.70%
HMECU——2.70%
Industrial AllianceGIA$25,000↓0.052.70%
KEB Hana Bank Canada$5,000—2.70%
KEB Hana Bank Canada$50,000—2.70%
Khalsa Credit Union——2.70%
Lafleche Credit Union——2.70%
Manulife InvestmentsGIA$50,000↓0.052.70%
Provincial Credit Union——2.70%
Saskatoon City Employees Credit Union——2.70%
UV InsuranceVia BrokerGIA$10,000—2.70%
Alterna Bank——2.65%
Alterna Savings——2.65%
Biggar & District Credit Union——2.65%
Community Savings Credit Union——2.65%
Edam Credit Union——2.65%
FirstOntario Credit Union——2.65%
Golden Horseshoe Credit Union——2.65%
KEB Hana Bank Canada——2.65%
KEB Hana Bank Canada$5,000—2.65%
Kerrobert Credit Union——2.65%
Manulife InvestmentsGIA$2,500↓0.052.65%
Nelson & District Credit Union——2.65%
Tandia——2.65%
Unity Credit Union——2.65%
Unity Credit Union——2.65%
YNCU——2.65%
Atlantic Edge——2.60%
Bulkley Valley Credit Union——2.60%
Caisse Alliance——2.60%
DUCA——2.60%
GVCCU——2.60%
KEB Hana Bank Canada——2.60%
OPPA Credit Union——2.60%
Oshawa Community Credit Union——2.60%
Taiwanese-Canadian Toronto Credit Union——2.60%
UV InsuranceVia BrokerGIA——2.60%
Alterna Savings——2.55%
Consolidated Credit Union——2.55%
Industrial AllianceGIA—↓0.052.55%
New Waterford Credit Union——2.55%
Rockglen-Killdeer Credit Union——2.55%
Teachers Plus Credit Union——2.55%
Affinity Credit Union——2.50%
Belgian Alliance Credit Union——2.50%
Community Credit Union——2.50%
Community Savings Credit Union——2.50%
Effort Trust——2.50%
IC Savings——2.50%
NLCU——2.50%
Parama Credit Union——2.50%
PenFinancial Credit Union——2.50%
Public Service Credit Union——2.50%
RBC Royal Bank——2.50%
Reddy Kilowatt Credit Union——2.50%
SASCU——2.50%
SBI Canada Bank——2.50%
Talka Credit Union——2.50%
Brunswick Credit Union——2.45%
CIBC$5,000—2.45%
CUA——2.45%
Dominion Credit Union——2.45%
iNova Credit Union——2.45%
Mainstreet Credit Union——2.45%
Mosaik Credit Union——2.45%
Moya Financial——2.45%
Northern Savings Credit Union——2.45%
Provincial Credit Union——2.45%
RBC Royal Bank——2.45%
Scotiabank$5,000 / $25,000 / $100,000 / $250,000—2.45%
Souris Credit Union——2.45%
StellerVista Credit Union——2.45%
Sudbury Credit Union——2.45%
Affinity Credit Union——2.40%
Community Savings Credit Union——2.40%
Northern Credit Union——2.40%
RBC Royal Bank——2.40%
SBI Canada Bank——2.40%
Canadian Tire Bank——2.35%
First Credit Union——2.35%
Kootenay Savings Credit Union——2.35%
Vancity——2.35%
Williams Lake and District Credit Union——2.35%
Envision Financial (Tru)——2.31%
Beem Credit Union——2.30%
RFA Bank of CanadaVia Broker$5,000—2.30%
Rocky Credit Union——2.30%
Bay Credit Union——2.25%
Conexus Credit Union——2.25%
Creston & District Credit Union——2.25%
East Coast Credit Union——2.25%
Effort Trust——2.25%
Home BankVia Broker——2.25%
Libro Credit Union——2.25%
OPPA Credit Union——2.25%
Resurrection Credit Union——2.25%
Vermilion Credit Union——2.25%
BMO Bank of Montreal——2.20%
Coastal Community Credit Union——2.20%
Conexus Credit Union——2.20%
Dundalk District Credit Union——2.20%
Integris Credit Union——2.20%
Integris Credit Union——2.20%
Kootenay Savings Credit Union——2.20%
Nelson & District Credit Union——2.20%
Niverville Credit Union$5,000—2.20%
St. Stanislaus-St. Casimir's CU——2.20%
The Police Credit Union——2.20%
Bridgewater Bank$5,000—2.18%
Brunswick Credit Union——2.15%
Caisse Alliance——2.15%
CIBC$5,000 / $25,000 / $100,000 / $250,000 / $500,000—2.15%
Coastal Community Credit Union——2.15%
Home TrustVia Broker——2.15%
Lakeland Credit Union——2.15%
Prospera Credit Union——2.15%
RBC Royal Bank——2.15%
Sunshine Coast Credit Union——2.15%
TCU Financial Group——2.15%
Ukrainian Credit Union——2.15%
Vancouver Firefighters CU——2.12%
Kindred Credit Union$25,000—2.10%
L.I.U.N.A. Local 183 Credit Union——2.10%
VantageOne Credit Union——2.10%
BMO Bank of Montreal$5,000—2.05%
Kindred Credit Union——2.05%
StellerVista Credit Union$50,000 / $100,000—2.05%
YNCU$100,000—2.05%
Prosperity Credit Union——2.04%
Biggar & District Credit Union——2.00%
Calgary Police Credit Union——2.00%
Churchbridge Credit Union$5,000—2.00%
CIBC$100,000 / $250,000 / $1,000,000—2.00%
CIBC$1,000,000—2.00%
Community Credit Union——2.00%
Desjardins - Caisses——2.00%
Innovation Federal CU——2.00%
Kingston Community Credit Union——2.00%
Saskatoon City Employees Credit Union——2.00%
Sudbury Credit Union——2.00%
Vancouver Firefighters CU——2.00%
Venture Credit Union——2.00%
Weyburn Credit Union——2.00%
YNCU$20,000—2.00%
Alterna Savings——1.95%
Shinhan Bank Canada$10,000—1.95%
YNCU——1.95%
Caisse populaire de Clare——1.90%
IC Savings——1.90%
Scotiabank——1.90%
Community Savings Credit Union——1.85%
Ganaraska Credit Union——1.85%
Accent Credit Union——1.75%
CIBC$25,000 / $500,000—1.75%
Flin Flon Credit Union——1.75%
OP Credit Union——1.75%
Resurrection Credit Union——1.75%
TD Canada Trust——1.75%
Teachers Plus Credit Union——1.75%
Vancity——1.75%
Community Savings Credit Union——1.65%
Tandia——1.65%
Compass Credit Union——1.60%
Acadian Credit Union——1.50%
Equitable BankVia Broker——1.50%
GVCCU——1.50%
League Savings & Mortgage——1.50%
Me-Dian Credit Union——1.50%
Rocky Credit Union——1.50%
Sydney Credit Union——1.50%
Stoughton Credit Union——1.35%
Kerrobert Credit Union——1.25%
Creston & District Credit Union——1.10%
First Nations Bank of Canada——1.05%
Ladysmith & District Credit Union——1.00%
Valley Credit Union——1.00%
Prairie Pride Credit Union——0.85%
Luseland Credit Union——0.75%
First Nations Bank of Canada——0.65%
Motor City Credit Union——0.65%
Sandhills Credit Union——0.65%
Ladysmith & District Credit Union——0.40%
St. Stanislaus-St. Casimir's CU——0.40%
Venture Credit Union——0.40%
National Bank (incl. former CWB retail)——0.35%
Calgary Police Credit Union——0.15%
Laurentian Bank——0.15%
Calgary Police Credit Union——0.10%