Canadian deposit rates
Bank deposit rates, dated. Posted GIC, savings, prime and mortgage rates from institutions' own published surfaces — captured every week, so every figure carries the date it was true. The Bank of Canada's official composite anchors the set.
Major chartered banks — posted rates (official) Official Bank of Canada composite of the six major chartered banks' posted rates (weekly) — an anchor and cross-check, not a bank's offer. Bank of Canada Valet series bankofcanada.ca ; captured August 29, 2026, effective August 26, 2026.
GIC (non-redeemable) Term Rate 1 year 2.45% 3 years 2.55% 5 years 2.75%
Mortgage Term Rate 1 year 5.49% 3 years 6.05% 5 years 6.09%
Savings Term Rate balance $100,000+ (posted daily) 0.01% non-chequable savings account 0.01%
Bank of Canada composite — full page →
Meridian Credit Union Posted rates from Meridian's own site, captured logged-out on August 29, 2026. See changes →
Cashable GIC Term Rate 1 year 2.65% 0–90 days 0.00% redemption rate91–365 days 2.65% redemption rate
Escalator GICs > 3-Year Escalator GIC Term Rate 3 years 3.70% equivalent flat yield3y_y1 3.40% 3y_y2 3.60% 3y_y3 4.10%
Escalator GICs > 5-Year Escalator GIC Term Rate 5 years 4.00% equivalent flat yield5y_y1 3.50% 5y_y2 3.70% 5y_y3 3.90% 5y_y4 4.10% 5y_y5 4.80%
U.S. Dollar GICs > Short term GICs Term Rate 30 days 2.80% US60 days 2.90% US90 days 3.00% US180 days 3.15% US270 days 3.15% US
Non-redeemable fixed rate GICs > Short term GICs Term Rate 30 days 1.75% 60 days 1.90% 90 days 2.15% 180 days 2.35% 270 days 2.45%
Non-redeemable fixed rate GICs > Long term GICs Term Rate 18 months 3.25% 1 year 3.10% 2 years 3.50% 3 years 3.70% 4 years 3.80% 5 years 4.00%
U.S. Dollar GICs > Long term GICs Term Rate 1 year 4.00% US2 years 4.25% US3 years 4.30% US4 years 4.35% US5 years 4.40% US
Raise the Rate GICs Term Rate 3 years 3.60% 5 years 3.90%
Meridian Credit Union — full page →
Ballpark Deposits. Published deposit rates, dated. Numbers are the institution's stated, logged-out public figures (or the Bank of Canada's official composite, labelled as such). Not financial advice; not affiliated with any institution.