Rate guide · data as of 2026-10-16

Best 2-Year GIC Rates

All Canada

Looking for the best 2-year GIC rate for your money? We rank every 2-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:
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Top 2-year GIC rates in All Canada

ⓘ The best 2-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 2-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 2-Year GIC rates in All Canada

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

  1. 1Pathwise Credit UnionFHSA GIC4.50%
  2. 2Saven FinancialFHSA GIC4.25%
  3. 3Wealth One Bank of CanadaNon-registered4.25%
  4. 4Haventree BankNon-registered4.20%
  5. 5MCAN Financial GroupNon-registered4.20%
  6. 6Oaken FinancialNon-registered4.20%
  7. 7StellerVista Credit UnionNon-registered · Promo4.10%
  8. 8RFA Bank of CanadaVia BrokerNon-registered4.08%
  9. 9Achieva FinancialNon-registered · Promo4.05%
  10. 10B2B BankVia BrokerNon-registered4.04%

2-year GIC rate history

Best posted non-registered rate across the institutions we track

Latest4.25%Oct 16, 2026
Last change+0.17%Oct 1, 2026
High4.25%Oct 1, 2026
Low3.90%Jul 16, 2026
6%5%4%3%2%Jul 26Aug 26Sep 26Oct 26

Tracked since Jul 16, 2026 · 34 snapshots

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 2-year term?

A 2-year GIC locks your rate for 2 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 2-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 2-year GIC rates in All Canada

ⓘ Every 2-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——4.50%
Saven Financial——4.25%
Wealth One Bank of Canada——4.25%
Haventree Bank——4.20%
MCAN Financial Group——4.20%
Oaken Financial——4.20%
Pathwise Credit Union——4.10%
StellerVista Credit Union——4.10%
RFA Bank of CanadaVia Broker$5,000—4.08%
Achieva Financial——4.05%
B2B BankVia Broker——4.04%
Community TrustVia Broker$5,000↓0.034.02%
EQ Bank——4.00%
Mainstreet Credit Union——4.00%
Steinbach Credit Union$250,000—4.00%
Equitable BankVia Broker—↑0.133.99%
Questbank$5,000↑0.023.99%
VersaBankVia Broker—↓0.053.98%
Santander Consumer BankVia Broker——3.96%
Cambrian Credit Union——3.95%
Concentra Bank$5,000—3.95%
Hubert Financial——3.95%
Steinbach Credit Union$100,000—3.95%
General Bank of CanadaVia Broker$5,000↓0.043.94%
Home TrustVia Broker$10,000—3.91%
Access Credit Union——3.90%
Equity Credit Union——3.90%
MAXA Financial——3.90%
Outlook Financial——3.90%
Pathwise Credit Union——3.90%
Steinbach Credit Union——3.90%
Home BankVia Broker—↓0.043.87%
Home TrustVia Broker—↓0.043.87%
Belgian Alliance Credit Union——3.85%
Home Equity BankVia Broker$5,000↑0.053.85%
Tangerine Bank——3.85%
Winnipeg Police Credit Union——3.85%
Assiniboine Credit Union——3.80%
Fusion Credit Union——3.80%
Laurentian Bank—↓0.053.80%
League Savings & Mortgage—↑0.203.80%
VersaBankVia Broker$5,000↓0.053.78%
President's Choice Bank—↓0.093.77%
Ma Financière——3.75%
Serenia Life FinancialGIA$100,000—3.75%
Bridgewater Bank$5,000—3.70%
DUCA——3.70%
Effort Trust——3.70%
Manulife Bank$2,500—3.70%
Meridian Credit Union——3.70%
Southwest Regional Credit Union——3.70%
YNCU$20,000 / $100,000—3.70%
B2B BankVia Broker$10,000—3.67%
Envision Financial (Tru)——3.66%
Compass Credit Union——3.65%
Lighthouse Credit Union$3,000—3.65%
Niverville Credit Union——3.65%
Steinbach Credit Union——3.65%
Stride Credit Union——3.65%
Sunrise Credit Union——3.65%
Acadian Credit Union——3.60%
Atlantic Edge——3.60%
BCU Financial——3.60%
Beaubear Credit Union——3.60%
Caisse populaire de Clare——3.60%
Cape Breton Credit Union——3.60%
First Credit Union——3.60%
FirstOntario Credit Union——3.60%
Glace Bay Central Credit Union——3.60%
League Savings & Mortgage——3.60%
Manulife Bank$10,000—3.60%
NBTA Credit Union——3.60%
SASCU——3.60%
St. Joseph's Credit Union——3.60%
Sydney Credit Union——3.60%
Vancity——3.60%
Your Credit Union——3.60%
Me-Dian Credit Union——3.55%
National Bank (incl. former CWB retail)——3.55%
Northern Credit Union——3.55%
Pathwise Credit Union——3.50%
Serenia Life FinancialGIA$50,000—3.50%
Weyburn Credit Union——3.50%
Beem Credit Union——3.45%
Coastal Community Credit Union——3.45%
Integris Credit Union——3.45%
UV InsuranceVia BrokerGIA$500,000—3.45%
Coast Capital Savings——3.40%
Desjardins - Caisses——3.40%
EquitableGIA$500,000—3.40%
First Credit Union——3.40%
Prospera Credit Union——3.40%
Sun Life - Trust—↓0.053.40%
Sunshine Coast Credit Union——3.40%
The Police Credit Union——3.40%
UV InsuranceVia BrokerGIA$200,000—3.40%
Vancity——3.40%
VantageOne Credit Union——3.40%
Affinity Credit Union——3.35%
Beaubear Credit Union——3.35%
EquitableGIA$200,000—3.35%
Kindred Credit Union$25,000—3.35%
Moya Financial——3.35%
Parama Credit Union——3.35%
TransCanada Credit Union——3.35%
Ukrainian Credit Union——3.35%
UV InsuranceVia BrokerGIA$100,000—3.35%
Vancity——3.35%
Desjardins - Caisses$10,000—3.30%
Desjardins - Caisses$5,000—3.30%
EquitableGIA——3.30%
Fusion Credit Union——3.30%
Kindred Credit Union——3.30%
Luminus Financial——3.30%
SBI Canada Bank——3.30%
Servus Credit Union——3.30%
Talka Credit Union——3.30%
VantageOne Credit Union——3.30%
Bruno Savings & Credit Union——3.25%
Bruno Savings & Credit Union——3.25%
Cascadia Credit Union——3.25%
Christian Credit Union$1,000,000—3.25%
Frontline Credit Union——3.25%
Ganaraska Credit Union——3.25%
Kawartha (a division of Libro)——3.25%
Lakeland Credit Union——3.25%
Libro Credit Union——3.25%
Manulife InvestmentsGIA$500,000↓0.053.25%
Motor City Credit Union——3.25%
Northern Birch Credit Union——3.25%
Northern Savings Credit Union——3.25%
Prairie Pride Credit Union——3.25%
Serenia Life FinancialGIA——3.25%
Shinhan Bank Canada——3.25%
Thorold Community Credit Union——3.25%
UV InsuranceVia BrokerGIA$50,000—3.25%
BMO Bank of Montreal——3.20%
Christian Credit Union$250,000 / $500,000—3.20%
CIBC$5,000—3.20%
Industrial AllianceGIA$200,000↓0.053.20%
Innovation Federal CU——3.20%
Manulife InvestmentsGIA$200,000↓0.053.20%
Mosaik Credit Union——3.20%
PenFinancial Credit Union——3.20%
Public Service Credit Union——3.20%
Shinhan Bank Canada$100,000 / $500,000—3.20%
TD Canada Trust——3.20%
UNI Financial Cooperation——3.20%
UV InsuranceVia BrokerGIA$25,000—3.20%
Valley Credit Union——3.20%
Vermilion Credit Union——3.20%
Industrial AllianceGIA$100,000↓0.053.15%
Manulife InvestmentsGIA$100,000↓0.053.15%
Shinhan Bank Canada$50,000—3.15%
Sun Life - InsuranceGIA—↓0.053.15%
Biggar & District Credit Union——3.10%
Christian Credit Union——3.10%
DUCA——3.10%
FirstOntario Credit Union——3.10%
Industrial AllianceGIA$25,000↓0.053.10%
Kingston Community Credit Union——3.10%
Kootenay Savings Credit Union——3.10%
Manulife InvestmentsGIA$50,000↓0.053.10%
Shinhan Bank Canada$5,000—3.10%
Sun Life - Trust—↓0.053.10%
UV InsuranceVia BrokerGIA$10,000—3.10%
KEB Hana Bank Canada——3.05%
Manulife InvestmentsGIA$2,500↓0.053.05%
Shinhan Bank Canada——3.05%
Sun Life - InsuranceGIA——3.05%
TCU Financial Group——3.05%
Vancouver Firefighters CU——3.05%
Scotiabank$5,000 / $100,000—3.02%
Accent Credit Union$5,000—3.00%
Golden Horseshoe Credit Union$100,000—3.00%
KEB Hana Bank Canada——3.00%
Khalsa Credit Union——3.00%
Kootenay Savings Credit Union——3.00%
OPPA Credit Union——3.00%
Peace Hills Trust——3.00%
Peoples Bank——3.00%
Resurrection Credit Union——3.00%
Servus Credit Union——3.00%
Shinhan Bank Canada——3.00%
UV InsuranceVia BrokerGIA——3.00%
Williams Lake and District Credit Union——3.00%
Simplii Financial——2.96%
1st Choice Savings——2.95%
Industrial AllianceGIA—↓0.052.95%
StellerVista Credit Union——2.95%
The Energy Credit Union——2.95%
WFCU Credit Union——2.95%
Edam Credit Union——2.90%
HMECU——2.90%
KEB Hana Bank Canada$100,000—2.90%
OMISTA Credit Union——2.90%
Oshawa Community Credit Union——2.90%
Servus Credit Union$5,000—2.88%
Alterna Bank——2.85%
Alterna Savings——2.85%
Canada LifeGIA—↓0.102.85%
Golden Horseshoe Credit Union$50,000—2.85%
KEB Hana Bank Canada$50,000—2.85%
KEB Hana Bank Canada$100,000—2.85%
Prosperity Credit Union——2.85%
Stoughton Credit Union——2.85%
Tandia——2.85%
Biggar & District Credit Union——2.80%
East Coast Credit Union——2.80%
Golden Horseshoe Credit Union$25,000—2.80%
GVCCU$5,000—2.80%
KEB Hana Bank Canada$5,000—2.80%
KEB Hana Bank Canada$50,000—2.80%
Lafleche Credit Union——2.80%
Luseland Credit Union——2.80%
Ontario Educational Credit Union——2.80%
Provincial Credit Union——2.80%
SASCU——2.80%
Saskatoon City Employees Credit Union——2.80%
Bay Credit Union——2.75%
Dodsland and District Credit Union——2.75%
Edam Credit Union——2.75%
Flin Flon Credit Union——2.75%
Golden Horseshoe Credit Union$10,000—2.75%
KEB Hana Bank Canada——2.75%
KEB Hana Bank Canada$5,000—2.75%
Kerrobert Credit Union——2.75%
Nelson & District Credit Union——2.75%
New Waterford Credit Union——2.75%
Taiwanese-Canadian Toronto Credit Union——2.75%
Caisse Alliance——2.70%
Community Savings Credit Union——2.70%
Golden Horseshoe Credit Union——2.70%
GVCCU——2.70%
KEB Hana Bank Canada——2.70%
Unity Credit Union——2.70%
Unity Credit Union——2.70%
Weyburn Credit Union——2.70%
Affinity Credit Union——2.65%
Blackville Credit Union——2.65%
Conexus Credit Union——2.65%
Consolidated Credit Union——2.65%
Dominion Credit Union——2.65%
Sandhills Credit Union——2.65%
Teachers Plus Credit Union——2.65%
Public Service Credit Union——2.60%
Rockglen-Killdeer Credit Union——2.60%
SBI Canada Bank——2.60%
Souris Credit Union——2.60%
Brunswick Credit Union——2.55%
Bulkley Valley Credit Union——2.55%
CIBC——2.55%
Community Credit Union——2.55%
Community Savings Credit Union——2.55%
iNova Credit Union——2.55%
NLCU——2.55%
RBC Royal Bank——2.55%
CUA——2.50%
IC Savings——2.50%
Reddy Kilowatt Credit Union——2.50%
Rocky Credit Union——2.50%
Scotiabank$5,000 / $25,000 / $100,000 / $250,000—2.50%
StellerVista Credit Union——2.50%
Sudbury Credit Union——2.50%
TD Canada Trust——2.50%
Bulkley Valley Credit Union——2.45%
Community Savings Credit Union——2.45%
RBC Royal Bank——2.45%
Williams Lake and District Credit Union——2.45%
Canadian Tire Bank——2.40%
Sunshine Coast Credit Union——2.40%
BMO Bank of Montreal——2.30%
Creston & District Credit Union——2.30%
Calgary Police Credit Union——2.25%
Community Credit Union——2.25%
Kootenay Savings Credit Union——2.25%
Dundalk District Credit Union——2.20%
St. Stanislaus-St. Casimir's CU——2.20%
VantageOne Credit Union——2.20%
Venture Credit Union——2.20%
L.I.U.N.A. Local 183 Credit Union——2.15%
CIBC$100,000 / $250,000 / $1,000,000—2.00%
OP Credit Union——1.95%
OP Credit Union——1.95%
GVCCU——1.75%
Compass Credit Union——1.70%
Integris Credit Union——1.60%
Rocky Credit Union——1.60%
Biggar & District Credit Union——1.50%
Ladysmith & District Credit Union——1.50%
Creston & District Credit Union——1.35%
First Nations Bank of Canada——1.20%
Prairie Pride Credit Union——1.15%
First Nations Bank of Canada——0.85%
Alterna Savings——0.80%
Shinhan Bank Canada$10,000—0.75%
Sandhills Credit Union——0.70%
Ladysmith & District Credit Union——0.50%
National Bank (incl. former CWB retail)——0.50%
St. Stanislaus-St. Casimir's CU——0.50%
CIBC$5,000 / $100,000 / $250,000—0.25%
Laurentian Bank——0.22%