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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