Rate guide · data as of 2026-10-16

Best 5-Year GIC Rates

All Canada

Looking for the best 5-year GIC rate for your money? We rank every 5-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.

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Top 5-year GIC rates in All Canada

ⓘ The best 5-year rates we track for your filters.

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Rates move with every delivery. Get rate alerts from Ratehunter and you'll be the first to know when a higher 5-year GIC rate lands.

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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 5-Year GIC rates in All Canada

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

  1. 1Sunrise Credit UnionNon-registered5.25%
  2. 2Weyburn Credit UnionFHSA GIC · Promo5.00%
  3. 3Oaken FinancialNon-registered4.50%
  4. 4Saven FinancialFHSA GIC4.50%
  5. 5Wealth One Bank of CanadaNon-registered4.50%
  6. 6Ganaraska Credit UnionNon-registered · Promo4.40%
  7. 7Haventree BankNon-registered4.35%
  8. 8MCAN Financial GroupNon-registered4.35%
  9. 9B2B BankVia BrokerNon-registered4.32%
  10. 10Achieva FinancialNon-registered4.30%

5-year GIC rate history

Best posted non-registered rate across the institutions we track

Series
Latest2.75%Oct 14, 2026
Last change-0.15%Oct 29, 2025
High4.90%Nov 29, 2023
Low1.00%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 5-year term?

A 5-year GIC locks your rate for 5 years. 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 5-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.

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Compare

Best GIC rates by term

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

Read more →

All 5-year GIC rates in All Canada

ⓘ Every 5-year GIC rate we track in your region — best per institution and account type.

Highlighted rows are promo rates
Financial institutionMin balance+/−Rate %
Sunrise Credit Union——5.25%
Weyburn Credit Union——5.00%
Oaken Financial——4.50%
Saven Financial——4.50%
Wealth One Bank of Canada——4.50%
Ganaraska Credit Union——4.40%
Haventree Bank——4.35%
MCAN Financial Group——4.35%
B2B BankVia Broker——4.32%
Achieva Financial——4.30%
EQ Bank——4.30%
Serenia Life FinancialGIA$100,000—4.30%
Steinbach Credit Union$250,000—4.30%
EQ Bank——4.25%
Home Equity BankVia Broker$5,000↓0.074.25%
Hubert Financial——4.25%
MAXA Financial——4.25%
Outlook Financial——4.25%
Steinbach Credit Union$100,000—4.25%
Tangerine Bank——4.25%
YNCU$20,000 / $100,000—4.25%
Access Credit Union——4.20%
Cambrian Credit Union——4.20%
Canadian Tire Bank——4.20%
Concentra Bank$5,000—4.20%
Home TrustVia Broker$10,000—4.20%
League Savings & Mortgage—↑0.204.20%
Steinbach Credit Union——4.20%
StellerVista Credit Union——4.20%
Winnipeg Police Credit Union——4.20%
General Bank of CanadaVia Broker$5,000—4.17%
VersaBankVia Broker—↓0.024.17%
Home BankVia Broker—↓0.044.16%
Home TrustVia Broker—↓0.044.16%
Assiniboine Credit Union——4.15%
Belgian Alliance Credit Union——4.15%
Equity Credit Union——4.15%
Canadian Tire Bank—↓0.094.11%
Equitable BankVia Broker——4.11%
Desjardins - Caisses——4.10%
EquitableGIA$200,000 / $500,000—4.10%
Fusion Credit Union——4.10%
Laurentian Bank——4.10%
Ma Financière——4.10%
Meridian Credit Union——4.10%
Northern Credit Union——4.10%
President's Choice Bank—↓0.124.08%
Manulife Bank$2,500—4.05%
Serenia Life FinancialGIA$50,000—4.05%
Acadian Credit Union——4.00%
BCU Financial——4.00%
Beaubear Credit Union——4.00%
Caisse populaire de Clare——4.00%
Cape Breton Credit Union——4.00%
Desjardins - Caisses$10,000—4.00%
Desjardins - Caisses$5,000—4.00%
Frontline Credit Union——4.00%
Frontline Credit Union$25,000—4.00%
Glace Bay Central Credit Union——4.00%
HMECU——4.00%
Kindred Credit Union$25,000—4.00%
League Savings & Mortgage——4.00%
Lighthouse Credit Union$3,000—4.00%
Mainstreet Credit Union——4.00%
National Bank (incl. former CWB retail)——4.00%
NBTA Credit Union——4.00%
Northern Savings Credit Union——4.00%
Oshawa Community Credit Union——4.00%
Pathwise Credit Union——4.00%
Southwest Regional Credit Union——4.00%
St. Joseph's Credit Union——4.00%
Sydney Credit Union——4.00%
VersaBankVia Broker$5,000↓0.023.97%
Manulife Bank$10,000—3.95%
Santander Consumer BankVia Broker——3.95%
Steinbach Credit Union——3.95%
B2B BankVia Broker$10,000—3.94%
First Credit Union——3.90%
Stride Credit Union——3.90%
Sunrise Credit Union——3.90%
The Police Credit Union——3.90%
Vancity——3.90%
Envision Financial (Tru)——3.86%
DUCA——3.85%
Niverville Credit Union——3.85%
Beem Credit Union——3.80%
Coast Capital Savings——3.80%
Coastal Community Credit Union——3.80%
Compass Credit Union——3.80%
FirstOntario Credit Union——3.80%
Integris Credit Union——3.80%
Luminus Financial——3.80%
Prospera Credit Union——3.80%
Resurrection Credit Union——3.80%
Serenia Life FinancialGIA——3.80%
Sunshine Coast Credit Union——3.80%
UV InsuranceVia BrokerGIA$500,000—3.80%
Cascadia Credit Union——3.75%
Me-Dian Credit Union——3.75%
Motor City Credit Union——3.75%
Northern Savings Credit Union——3.75%
Parama Credit Union——3.75%
SASCU——3.75%
UV InsuranceVia BrokerGIA$200,000—3.75%
Your Credit Union——3.75%
First Credit Union——3.70%
Manulife InvestmentsGIA$500,000↓0.053.70%
OPPA Credit Union——3.70%
Pathwise Credit Union——3.70%
Public Service Credit Union——3.70%
UV InsuranceVia BrokerGIA$100,000—3.70%
Vancity——3.70%
VantageOne Credit Union——3.70%
Beaubear Credit Union——3.65%
Golden Horseshoe Credit Union$100,000—3.65%
Industrial AllianceGIA$200,000↓0.053.65%
Manulife InvestmentsGIA$200,000↓0.053.65%
Servus Credit Union——3.65%
Sun Life - Trust—↓0.053.65%
Ukrainian Credit Union——3.65%
Vancity——3.65%
VantageOne Credit Union——3.65%
Bay Credit Union——3.60%
CIBC——3.60%
Fusion Credit Union——3.60%
Industrial AllianceGIA$100,000↓0.053.60%
Manulife InvestmentsGIA$100,000↓0.053.60%
Northern Birch Credit Union——3.60%
Talka Credit Union——3.60%
UV InsuranceVia BrokerGIA$50,000—3.60%
Simplii Financial——3.59%
BMO Bank of Montreal——3.55%
BMO Bank of Montreal——3.55%
Industrial AllianceGIA$25,000↓0.053.55%
Lakeland Credit Union——3.55%
Manulife InvestmentsGIA$50,000↓0.053.55%
PenFinancial Credit Union——3.55%
TD Canada Trust——3.55%
UNI Financial Cooperation——3.55%
UV InsuranceVia BrokerGIA$25,000—3.55%
Biggar & District Credit Union——3.50%
Dundalk District Credit Union——3.50%
Kawartha (a division of Libro)——3.50%
Libro Credit Union——3.50%
Manulife InvestmentsGIA$2,500↓0.053.50%
Moya Financial——3.50%
RFA Bank of CanadaVia Broker$5,000—3.50%
Shinhan Bank Canada——3.50%
St. Stanislaus-St. Casimir's CU——3.50%
Vermilion Credit Union——3.50%
Canada LifeGIA—↓0.203.45%
Golden Horseshoe Credit Union$50,000—3.45%
Kingston Community Credit Union——3.45%
Peoples Bank——3.45%
Shinhan Bank Canada$100,000 / $500,000—3.45%
Sun Life - InsuranceGIA—↓0.053.45%
Thorold Community Credit Union——3.45%
UV InsuranceVia BrokerGIA$10,000—3.45%
Christian Credit Union$1,000,000—3.40%
Industrial AllianceGIA—↓0.053.40%
Innovation Federal CU——3.40%
SBI Canada Bank——3.40%
Shinhan Bank Canada$50,000—3.40%
Sun Life - Trust—↓0.053.40%
Valley Credit Union——3.40%
Accent Credit Union$5,000—3.35%
Christian Credit Union$500,000—3.35%
Ontario Educational Credit Union——3.35%
Servus Credit Union——3.35%
Shinhan Bank Canada$5,000—3.35%
TransCanada Credit Union——3.35%
UV InsuranceVia BrokerGIA——3.35%
Alterna Bank——3.30%
Alterna Savings——3.30%
Biggar & District Credit Union——3.30%
Christian Credit Union$250,000—3.30%
KEB Hana Bank Canada——3.30%
Lafleche Credit Union——3.30%
Peace Hills Trust——3.30%
Shinhan Bank Canada——3.30%
Tandia——3.30%
The Energy Credit Union——3.30%
Community TrustVia Broker$5,000—3.29%
1st Choice Savings——3.25%
Christian Credit Union——3.25%
Consolidated Credit Union——3.25%
DUCA——3.25%
East Coast Credit Union——3.25%
Golden Horseshoe Credit Union$25,000—3.25%
Kootenay Savings Credit Union——3.25%
OMISTA Credit Union——3.25%
Shinhan Bank Canada——3.25%
Sun Life - InsuranceGIA——3.25%
Servus Credit Union$5,000—3.23%
Alterna Savings——3.20%
Atlantic Edge——3.20%
KEB Hana Bank Canada$100,000—3.20%
TCU Financial Group——3.20%
Scotiabank$5,000 / $100,000—3.17%
Alterna Savings——3.15%
Bridgewater Bank$5,000—3.15%
FirstOntario Credit Union——3.15%
Golden Horseshoe Credit Union$10,000—3.15%
KEB Hana Bank Canada$50,000—3.15%
KEB Hana Bank Canada$100,000—3.15%
Kootenay Savings Credit Union——3.15%
Nelson & District Credit Union——3.15%
Stoughton Credit Union——3.15%
Questbank$5,000—3.14%
Edam Credit Union——3.10%
KEB Hana Bank Canada$5,000—3.10%
KEB Hana Bank Canada$50,000—3.10%
Khalsa Credit Union——3.10%
Provincial Credit Union——3.10%
Saskatoon City Employees Credit Union——3.10%
Williams Lake and District Credit Union——3.10%
KEB Hana Bank Canada——3.05%
KEB Hana Bank Canada$5,000—3.05%
New Waterford Credit Union——3.05%
Weyburn Credit Union——3.05%
WFCU Credit Union——3.05%
Affinity Credit Union——3.00%
Blackville Credit Union——3.00%
Bruno Savings & Credit Union——3.00%
Bruno Savings & Credit Union——3.00%
Conexus Credit Union——3.00%
Dodsland and District Credit Union——3.00%
Dominion Credit Union——3.00%
Golden Horseshoe Credit Union——3.00%
GVCCU$5,000—3.00%
KEB Hana Bank Canada——3.00%
Kerrobert Credit Union——3.00%
Luseland Credit Union——3.00%
Mosaik Credit Union——3.00%
Prairie Pride Credit Union——3.00%
Sudbury Credit Union——3.00%
Edam Credit Union——2.95%
Prosperity Credit Union——2.95%
SASCU——2.95%
Teachers Plus Credit Union——2.95%
Caisse Alliance——2.90%
Flin Flon Credit Union——2.90%
GVCCU——2.90%
Venture Credit Union——2.90%
CUA——2.85%
Unity Credit Union——2.85%
Unity Credit Union——2.85%
iNova Credit Union——2.80%
Souris Credit Union——2.80%
Brunswick Credit Union——2.75%
Bulkley Valley Credit Union——2.75%
CIBC$5,000—2.75%
Community Credit Union——2.75%
Community Savings Credit Union——2.75%
IC Savings——2.75%
NLCU——2.75%
Public Service Credit Union——2.75%
RBC Royal Bank——2.75%
Scotiabank$5,000 / $25,000 / $100,000 / $250,000—2.75%
StellerVista Credit Union——2.75%
Rockglen-Killdeer Credit Union——2.70%
Taiwanese-Canadian Toronto Credit Union——2.70%
BMO Bank of Montreal——2.65%
Bulkley Valley Credit Union——2.65%
Community Savings Credit Union——2.65%
RBC Royal Bank——2.65%
Sunshine Coast Credit Union——2.65%
Williams Lake and District Credit Union——2.65%
Effort Trust——2.60%
L.I.U.N.A. Local 183 Credit Union——2.60%
SBI Canada Bank——2.60%
Community Credit Union——2.50%
Community Savings Credit Union——2.50%
Creston & District Credit Union——2.50%
Reddy Kilowatt Credit Union——2.50%
Rocky Credit Union——2.50%
VantageOne Credit Union——2.50%
Sandhills Credit Union——2.35%
Ladysmith & District Credit Union——2.25%
CIBC$100,000 / $250,000 / $1,000,000—2.20%
GVCCU——2.10%
First Nations Bank of Canada——2.00%
Integris Credit Union——2.00%
Kootenay Savings Credit Union——2.00%
Prairie Pride Credit Union——2.00%
Rocky Credit Union——1.90%
Creston & District Credit Union——1.50%
First Nations Bank of Canada——1.25%
Ladysmith & District Credit Union——1.25%
Sandhills Credit Union——0.85%
St. Stanislaus-St. Casimir's CU——0.80%
Shinhan Bank Canada$10,000—0.75%
CIBC$5,000 / $100,000 / $250,000—0.70%
National Bank (incl. former CWB retail)——0.65%