The best GIC rates in Canada for 2024 + MORE Aug 19th

All about Canadian investments. Learn the ins and outs and get the latest news.
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The 4% rule, revisited: A more flexible approach to retirement income + MORE Nov 25th

In the last column, we looked at three recently published financial books, including one I had really looked forward to reading: William Bengen’s A Richer Retirement. It’s the American certified financial planner’s long-awaited follow-up to his ground-breaking book on the so-called 4% Rule. .... More »

Making sense of the markets this week: December 15, 2024 Dec 13th

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. Enjoy the jumbo rate cut—it’s likely the last one  The Bank of Canada (BoC) cut its key interest rate by 0.50% .... More »

New to Canada? A new way to transfer your credit score Oct 25th

Equifax Inc. is launching a program to allow newcomers to transfer their foreign credit history to Canada. The credit reporting company said Thursday that the Global Consumer Credit File will make it easier for immigrants to access services like loans and cellphone plans in Canada by providing th.... More »
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New active U.S. ETFs for Canadian investors—are these funds worth your money? May 1st

Despite U.S. President Donald Trump’s trade wars and tariffs on key partners, including Canada, the U.S. asset management industry continues to view Canadian investors as an attractive market for actively managed exchange-traded funds (ETFs). In October 2024, Capital Group, best known for manag.... More »

Where to buy Nvidia RTX 5080 and 5090 GPUs: Latest stock updates from Newegg, Best Buy, and Amazon - Business Insider Jan 30th

Where to buy Nvidia RTX 5080 and 5090 GPUs: Latest stock updates from Newegg, Best Buy, and Amazon  Business InsiderASUS reveals launch pricing for GeForce RTX 5090/5080, up to $3,099 for 5090 ROG ASTRAL LC  VideoCardz.comI spent a week pushing the Nvidia RTX 5080 to its limit an.... More »

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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.

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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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GIC comparison tool

Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.

Why trust us

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

Frequently asked GIC questions

Here you’ll find the answers to common GIC questions, along with information on the best GIC rates available right now. If GICs are new to you, and you want to learn everything there is to know, start by reading our guide below.

Which bank has the highest rate for a GIC?
Small financial institutions, such as credit unions, typically offer more competitive GIC rates than the large banks…

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