Oaken Financial GIC rates

GIC products

• Non-redeemable GIC: 1-year 3.90%, 2-year 4.30%, 3-year 4.35%, 4-year 4.40%, 5-year 4.50%
• Minimum deposit: $100

Rates by term

Term	Rate	Rank	Best rate we track	$10,000 at maturity
1-year	3.90%	#2 of 14	4.05% (WealthONE Bank)	$10,390
2-year	4.30%	#1 of 14	4.30% (WealthONE Bank)	$10,878
3-year	4.35%	#2 of 13	4.40% (WealthONE Bank)	$11,363
4-year	4.40%	#2 of 13	4.45% (WealthONE Bank)	$11,880
5-year	4.50%	#2 of 15	4.55% (WealthONE Bank)	$12,462

Compared with the big five banks

• 1-year: 1.12 points above the big five banks' average (2.78%)
• 2-year: 1.37 points above the big five banks' average (2.93%)
• 3-year: 1.34 points above the big five banks' average (3.01%)
• 4-year: 1.30 points above the big five banks' average (3.10%)
• 5-year: 1.26 points above the big five banks' average (3.24%)

At a glance

Deposit protection: CDIC. Deposits held by Home Bank or Home Trust Company.

Non-redeemable, annual interest. Same rates for TFSA, RRSP and RRIF. $100 minimum online, $1,000 by phone or in store. 18-month term 3.95%.

Source: https://www.oaken.com/gic-rates/ (checked 2026-11-11, rates effective 2026-11-06).

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