About Canadian Tire Bank
Canadian Tire Bank is a Schedule I domestic bank chartered in 2003 and wholly owned by Canadian Tire Corporation (100% since 2023). Headquartered in Oakville, Ontario, with offices in St. Catharines and Welland, it issues Triangle Rewards Mastercards and offers direct-to-consumer high-interest savings accounts, TFSAs and GICs.
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Access: Open to all Canadians
Eligible provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Northwest Territories, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon
How to join: Apply online for credit cards or savings/GIC products.
Deposit protection: Canada Deposit Insurance Corporation
$100,000 per insured category per member institution
Current top rates
data as of 2026-10-16 · posted rates confirmed as of 2026-10-15| GIC ladder | Best rate |
|---|---|
| 1-year GIC | 2.35% |
| 2-year GIC | 2.40% |
| 3-year GIC | 2.45% |
| 4-year GIC | 2.50% |
| 5-year GIC | 4.11% |
Base ladder rates. Institution may have more term rates below.
GIC rate history
Best historical posted GIC rate by term
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Term deposit rates
— not stated on sitedata as of 2026-10-16 · posted rates confirmed as of 2026-10-15Filter rates
| Term | Registration | Redeemable | Compounding | Interest paid | Min–Max deposit | Rate |
|---|---|---|---|---|---|---|
| Long-term — 1 year + | ||||||
| 5 years | Non-reg | N | — | Annually | $1k+ | 4.11% |
| Canadian Tire Tax Free GICNon-redeemable · paid annually · $1k minimum | ||||||
| 1 year | TFSA | N | — | Annually | $1k+ reg | 2.35% |
| 2 years | TFSA | N | — | Annually | $1k+ reg | 2.40% |
| 3 years | TFSA | N | — | Annually | $1k+ reg | 2.45% |
| 4 years | TFSA | N | — | Annually | $1k+ reg | 2.50% |
| 5 years | TFSA | N | — | Annually | $1k+ reg | 4.20% |
| Canadian Tire GICNon-redeemable · paid annually · $1k minimum | ||||||
| 1 year | Non-reg | N | — | Annually | $1k+ | 2.35% |
| 2 years | Non-reg | N | — | Annually | $1k+ | 2.40% |
| 3 years | Non-reg | N | — | Annually | $1k+ | 2.45% |
| 4 years | Non-reg | N | — | Annually | $1k+ | 2.50% |
No rates match these filters.
Savings & chequing rates
rates confirmed as of 2026-10-15Filter rates
| Type | Product | Calculated | Paid | Min. balance | Rate |
|---|---|---|---|---|---|
| Savings | |||||
| HISA | Canadian Tire High Interest Savings® Account | — | Monthly | $0 | 2.40% |
| TFSA | |||||
| TFSA | Canadian Tire Tax Free High Interest Savings® Account | — | Monthly | — | 2.40% |
No rates match these filters.
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