Best 5 GIC rates in Canada - get 3.55% interest rate and $25 Welcome bonus

The 1 Year GICs are offering now 3.55% interest rates.

Here are the top 5 options in Canada (June 2025).

1 Year GIC Rates and Promotions

Bank	1 Year GIC %	Promotions
EQ Bank	3.55%	$20 Bonus - Apply here!
Achieva Financial	3.50%	$25 Bonus if you use Achieva Petal V879070291 and make a deposit of $250 or more - Apply here!
Tangerine	3.20%	$25 Bonus when you use the Orange Key 34602475S1 - Apply here!
Alterna Bank	2.90%
Oaken Financial	3.50%

 Using the laddering strategy, you can lock some of your savings into a 2, 3,4 or even 5 years with around 4.60% interest rate.

Good luck saving!

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$25 Bonus - Open a TFSA, RRSP or Savings Account with Achieva Financial and get 3.40% for Daily interest Savings or 4.80% interest for 1 year GIC

Achieva Financial has a very good reputation of constantly high interest rates (no limited promotional interest rates and then low interest for the rest of the year).

They offer 3.40% interest rate for any daily interest TFSA, RRSP, Savings Accounts. Or you can get 4.80% for 1 Year GIC, or 4.85% for a 2 year GIC.

You can open the account 100% online. They have online banking services, good customer service, online chat, online secure messaging system. All deposits are 100% guaranteed.

Also you get $25 Bonus if you use Achieva Petal V879070291 and make a deposit of minimum $250. 

Additionally you get $1 Bonus every month for receiving your statement online.

You can apply online here: https://openaccount.achieva.mb.ca/
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