Best GIC and Savings Rates in Canada
Latest GIC and savings rates, plus free FIRE calculators, built for Canadians.
This week’s top rates
Top GIC rates this week
Updated November 5, 2026Top 3 standard rates for each term
This week’s highlightTD is offering 4.00% on an 18-month non-cashable special, well above its posted 3.00% for 1 year. It is a limited-time offer and, as a special, is not ranked here. Read the update →
| Term | Highest rates this week |
|---|---|
| 1 year |
|
| 2 years |
Big Six best: Scotiabank 3.50% (special rate) |
| 3 years |
|
| 4 years |
Big Six best: CIBC 3.40% (investment account) |
| 5 years | Big Six best: CIBC 3.60% (investment account) |
Top HISA rates this week
Updated November 5, 2026Regular rates, no conditions, $10,000 balance
| # | Bank and account | Rate |
|---|---|---|
| 1 | Saven FinancialHISA · Ontario credit union (FSRA) | 3.00% |
| 1 | WealthONEHigh Interest Savings Account · CDIC | 3.00% |
| 3 | Oaken FinancialSavings Account · CDIC | 2.80% |
| 4 | Hubert FinancialHigh Interest Savings · Manitoba credit union (DGCM) | 2.75% |
| 5 | Haventree BankEveryday Growth Account (chequing/savings hybrid) · CDIC | 2.50% |
| 6 | Outlook FinancialHigh Interest Savings Account · Manitoba credit union (DGCM) | 2.20% |
| 7 | AchievaDaily Interest Savings Account · Manitoba credit union (DGCM) | 2.05% |
| 8 | Manulife BankAdvantage Account · CDIC | 1.65% |
| 9 | EQ BankPersonal Account (base rate) · CDIC | 1.50% |
Big Six best: RBC / National Bank 0.65%
This week’s rate updates
GIC updateNovember 5, 2026TD Offers a 4.00% 18-Month GIC as Saven Lifts Its 1-Year Rate to 4.00%TD is offering a 4.00% 18-month non-cashable special. Saven raised its 1-year GIC to 4.00%, Haventree Bank lifted three terms and Coast Capital raised its 2- to 5-year GICs. WealthONE still leads every term from 1 to 5 years.Read the GIC update →Savings updateNovember 5, 2026Saven Matches WealthONE at 3.00% as EQ Bank and Hubert Raise Savings RatesSaven raised its savings rate to 3.00%, tying WealthONE for the top regular rate on $10,000. Hubert Financial went to 2.75%, and EQ Bank and Scotiabank raised their conditional and notice rates.Read the savings update →
Free FIRE calculators
CCoast FIRE CalculatorHow much you need invested today to stop saving for retirement, with CPP and OAS built in.
FFIRE CalculatorYour financial independence number and how long it takes to get there.
All calculators →
How we check these rates
Every week we read each bank’s own rate page, over 20 Canadian banks and credit unions, and record every GIC and savings rate it shows. Rankings are by rate only; no bank pays to be listed. Limited-time specials are covered in the weekly updates.
General information, not financial advice. Rates are taken from each institution’s website on the date shown and can change at any time. Confirm the current rate and conditions with the institution before you invest or open an account.