About Oaken Financial
Oaken Financial is the direct-to-consumer deposit brand of Home Trust Company and its subsidiary Home Bank (Home Trust Group), launched in 2013. It offers GICs and high-interest savings accounts online across Canada, with deposits issued by two separate CDIC members.
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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: Open an account online, by phone, or at an Oaken office. Deposits are issued by Home Trust Company or Home Bank — separate CDIC member institutions, each with its own coverage.
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 2026-10-16| GIC ladder | Best rate |
|---|---|
| 1-year GIC | 3.75% |
| 2-year GIC | 4.20% |
| 3-year GIC | 4.30% |
| 4-year GIC | 4.35% |
| 5-year GIC | 4.50% |
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 2026-10-16Filter rates
| Term | Registration | Redeemable | Compounding | Interest paid | Min–Max deposit | Rate |
|---|---|---|---|---|---|---|
| Short-term — under 1 year | ||||||
| 30–89 days | Non-reg | N | — | At maturity | $1k+ | 1.00% |
| 90–179 days | Non-regRRSP | N | — | At maturity | $1k+ | 1.00% |
| 180 – 269 days | Non-regRRSP | N | — | At maturity | $1k+ | 2.25% |
| 270 – 364 days | Non-regRRSP | N | — | At maturity | $1k+ | 2.70% |
| Long-term — 1 year + | ||||||
| 1 year | Non-reg | N | Annually | At maturity | $1k+ | 3.75% |
| 1 year | Non-reg | N | — | AnnuallySemi-annuallyMonthly | $1k+$1k+$1k+ | 3.75%3.70%3.65% |
| 1 year | RRSPRRIFTFSA | N | — | At maturity | $1k+ reg | 3.75% |
| 18 months | Non-reg | N | — | AnnuallySemi-annuallyMonthly | $1k+$1k+$1k+ | 3.80%3.75%3.70% |
| 18 months | RRSPRRIFTFSA | N | — | At maturity | $1k+ reg | 3.80% |
| 2 years | Non-reg | N | — | AnnuallySemi-annuallyMonthly | $1k+$1k+$1k+ | 4.20%4.15%4.10% |
| 2 years | RRSPRRIFTFSA | N | — | At maturity | $1k+ reg | 4.20% |
| 3 years | Non-reg | N | — | AnnuallySemi-annuallyMonthly | $1k+$1k+$1k+ | 4.30%4.25%4.20% |
| 3 years | RRSPRRIFTFSA | N | — | At maturity | $1k+ reg | 4.30% |
| 4 years | Non-reg | N | — | AnnuallySemi-annuallyMonthly | $1k+$1k+$1k+ | 4.35%4.30%4.25% |
| 4 years | RRSPRRIFTFSA | N | — | At maturity | $1k+ reg | 4.35% |
| 5 years | Non-reg | N | — | AnnuallySemi-annuallyMonthly | $1k+$1k+$1k+ | 4.50%4.45%4.40% |
| 5 years | RRSPRRIFTFSA | N | — | At maturity | $1k+ reg | 4.50% |
No rates match these filters.
Savings & chequing rates
rates confirmed as of 2026-10-16Filter rates
| Type | Product | Calculated | Paid | Min. balance | Rate |
|---|---|---|---|---|---|
| Savings | |||||
| Savings | Savings Account | Daily | Monthly | $0 | 2.80% |
| RRSP | |||||
| RRSP | RSP Savings Account | Daily | Monthly | $0 | 2.80% |
| RRSP | Spousal RSP Savings Account | Daily | Monthly | $0 | 2.80% |
| TFSA | |||||
| TFSA | TFSA Savings Account | Daily | Monthly | $0 | 2.80% |
No rates match these filters.
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