Simplii Financial GIC rates

GIC products

• Non-redeemable GIC: 1-year 3.60%, 2-year 3.60%, 3-year 3.70%, 4-year 3.95%, 5-year 4.25%

Rates by term

Term	Rate	Rank	Best rate we track	$10,000 at maturity
1-year	3.60%	#4 of 14	4.05% (WealthONE Bank)	$10,360
2-year	3.60%	#6 of 14	4.30% (WealthONE Bank)	$10,733
3-year	3.70%	#7 of 13	4.40% (WealthONE Bank)	$11,152
4-year	3.95%	#5 of 13	4.45% (WealthONE Bank)	$11,676
5-year	4.25%	#5 of 15	4.55% (WealthONE Bank)	$12,313

Compared with the big five banks

• 1-year: 0.82 points above the big five banks' average (2.78%)
• 2-year: 0.67 points above the big five banks' average (2.93%)
• 3-year: 0.69 points above the big five banks' average (3.01%)
• 4-year: 0.85 points above the big five banks' average (3.10%)
• 5-year: 1.01 points above the big five banks' average (3.24%)

At a glance

Deposit protection: CDIC. Deposits held by CIBC (Simplii is a division of CIBC).

Annual percentage yield with interest paid or compounded monthly (simple annual rates 3.542% to 4.170%). Non-redeemable.

Source: https://www.simplii.com/en/rates/gic-rates.html (checked 2026-11-11).

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