Our GIC rates are among the best in Canada, whether you are looking for short term, long term or to spread your investments over several time periods. Our accounts are eligible for deposit insurance offered by CDIC. Let us help you grow your investments faster.
GREAT GIC RATES*
30 day
3.40%
60 day
3.40%
90 day
4.00%
120 day
4.00%
180 day
5.00%
270 day
5.20%
1 year
5.35%
15 month
5.25%
2 year
4.75%
3 year
4.65%
4 year
4.55%
5 year
4.45%
FEATURES
- A rate that is fixed and guaranteed for the full term of your investment
- Eligible for deposit insurance offered by Canada Deposit Insurance Corporation (CDIC)
- Minimum deposit is $1,000
- Fully assignable and transferable
- Monthly statement available online
- No set-up, service or transfer fees
Opening an account with us is simple.
Looking to maximize your CDIC coverage? Consider dividing your GIC funds across Peoples Bank and Peoples Trust. Both are part of the Peoples Group family and deposits are eligible for the same CDIC coverage.
* These special rates are subject to change, however once you’ve purchased your GIC, your rates are guaranteed.
For GICs, all interest accrues annually and is payable:
- For 1 year terms or less, interest is paid at maturity.
- For 15 month terms, interest compounds annually and is paid at maturity.
- For terms of 2 years or more, you can choose interest to be paid on the anniversary date or interest to compound annually and be paid at maturity.