Highest 1-Year GIC Rates in Canada
Current Best Rates
Pathwise Credit Union
Rate: 3.70%
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MCAN Financial
Rate: 3.65%
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Achieva Financial
Rate: 3.60%
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WealthONE
Rate: 3.55%
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EQ Bank
Rate: 3.30%
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Best TFSA GIC Rates in Canada
This Page's Interest Rates Were Last Updated: June 11, 2026 at 10:10 AM ET
| Provider | 1-Year | 2-Year | 3-Year | 4-Year | 5-Year |
|---|---|---|---|---|---|
| Pathwise Credit Union | 5.00% | 4.50% | 4.20% | 4.10% | 4.00% |
| MCAN Financial | 3.65% | 3.90% | 3.90% | 3.95% | 4.05% |
| Achieva Financial | 3.60% | 3.65% | 3.70% | 3.75% | 4.05% |
| WealthONE | 3.55% | 3.90% | 3.90% | 3.95% | 4.10% |
| EQ Bank | 3.30% | 3.55% | 3.65% | 3.75% | 4.00% |
What is a TFSA GIC?
A tax-free savings account (TFSA) is a type of registered account that lets you save and invest inside it tax-free, while a guaranteed investment certificate (GIC) is a type of investment where your principal is protected. GICs can be held in registered and non-registered accounts. When a GIC is held in a TFSA, it’s known as a TFSA GIC. With a TFSA GIC, your deposits and withdrawals are not taxed. In other words, your GIC interest earnings are tax-free!
CDIC Coverage for TFSA GICs
Just like other GICs, TFSA GICs are covered by CDIC deposit insurance. If you invest in a TFSA GIC from a participating CDIC member institution, up to $100,000 is covered. This includes both the principal and interest.
Comparison of TFSA GICs
RBC TFSA GIC
1-Year TFSA GIC: 2.45%
Minimum Investment: $500
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TD TFSA GIC
1-Year TFSA GIC: 2.70%
Minimum Investment: $1,000
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Scotiabank TFSA GIC
1-Year TFSA GIC: 2.45%
Minimum Investment: $500
Explore Scotiabank TFSA GIC Rates
BMO TFSA GIC
1-Year TFSA GIC: 2.45%
Minimum Investment: $1,000
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CIBC TFSA GIC
1-Year TFSA GIC: 2.45%
Minimum Investment: $500
Explore CIBC TFSA GIC Rates
National Bank TFSA GIC
1-Year TFSA GIC: 2.75%
Minimum Investment: $500
Explore National Bank TFSA GIC Rates
Tangerine TFSA GIC
1-Year TFSA GIC: 3.15%
Minimum Investment: $1
Explore Tangerine TFSA GIC Rates
EQ Bank TFSA GIC
1-Year TFSA GIC: 3.30%
Minimum Investment: $100
Explore EQ Bank TFSA GIC Rates
Additional Information
- GIC rates shown are for non-redeemable, registered TFSA GICs as of June 2026.