Rate guide · Ontario · data as of 2026-10-16
Best GIC rates in Ontario
Today's big game in Ontario: the highest GIC rates from the banks, credit unions and trust companies that serve it, eligibility-checked before they're listed.
Top GIC rates in Ontario
Best posted standard-term rate per institution; the term next to each rate is where that institution peaks.
- 1Pathwise Credit Union1-year5.00%
- 2Oaken Financial5-year4.50%
- 3Saven Financial5-year4.50%
- 4Wealth One Bank of Canada5-year4.50%
- 5PenFinancial Credit Union4-year4.40%
- 6Ganaraska Credit Union5-year · Promo4.40%
- 7Haventree Bank5-year4.35%
- 8MCAN Financial Group5-year4.35%
- 9B2B BankVia Broker5-year4.32%
- 10Achieva Financial5-year4.30%
- 11EQ Bank5-year4.30%
- 12Serenia Life FinancialGIA5-year · min $100,0004.30%
- 13Home Equity BankVia Broker5-year · min $5,0004.25%
- 14Hubert Financial5-year4.25%
- 15MAXA Financial5-year4.25%
Ontario GIC questions
Who has the best GIC rate in Ontario right now?
Pathwise Credit Union currently posts 5.00% (1-year) — the highest rate we track from institutions serving Ontario, data as of 2026-10-16.
Are these rates open to people in Ontario?
Yes — that's the point of this page. Every institution listed serves Ontario: we check each one's membership eligibility and service area before it can appear, rather than listing national rates you may not qualify for.
Are these deposits insured?
Yes. Bank deposits are CDIC-insured up to $100,000 per category; credit-union deposits are covered by Ontario's provincial fund — see deposit protection in Ontario and our deposit-insurance guide.
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