Best Canadian GIC Rates in 2026

As we enter 2026, Canadians looking to grow their savings with guaranteed returns have plenty of opportunities in the GIC market. With interest rates stabilizing and financial institutions competing for deposits, now is a great time to review the best available rates and maximize your registered account contributions.

2026 TFSA and FHSA Contribution Limits

Before diving into rates, here’s a quick reminder of this year’s contribution limits for tax-advantaged accounts:

Tax-Free Savings Account (TFSA)

• 2026 annual contribution limit: $7,000
• Cumulative contribution room (if eligible since 2009): $102,000

First Home Savings Account (FHSA)

• Annual contribution limit: $8,000
• Lifetime contribution limit: $40,000

Both accounts allow GIC investments to grow tax-free, making them ideal for holding fixed-income investments.

Finding the Best GIC Rates

With dozens of banks and credit unions offering GICs across Canada, finding the best rates can be overwhelming. That’s where RateInfo comes in.

Unlike other rate comparison sites like WOWA , RateInfo doesn’t require you to register or sign up to view rates. All our data is freely accessible.

We also consistently show better rates than competitors. For example, RateHub currently lists 3.60% as their best 1-year non-registered GIC rate, while multiple institutions on RateInfo currently advertise rates above that.

RateInfo is completely unbiased. We’re not affiliated with any particular bank or credit union, and we’re always happy to add new institutions or rates that we may have missed. If you find a GIC rate or financial institution that isn’t listed on our site, please let us know at [email protected] —we’d love to hear from you.

Current GIC Promotions

Here are some of the top GIC rates available right now:

Note: Rates are subject to change. Always verify current rates directly with the financial institution before investing.

Shop Around for the Best Rates

GIC rates vary significantly between institutions and change frequently. What’s the best rate today may not be the best rate next week. We encourage you to:

• Compare rates across multiple terms and account types
• Check eligibility requirements (some credit unions have provincial residency restrictions)
• Consider the trade-offs between promotional short-term rates and stable long-term rates
• Factor in any transfer fees if moving registered accounts

At RateInfo, our goal is to help Canadians find the best GIC rates without bias or barriers. If you discover a rate or institution we haven’t listed, reach out to us at [email protected]