Skip to main content
Ratehub logo
Ratehub logo

The best 5-year non-registered GIC rates

Compare the best short-term, unregistered GIC rates available in Canada with 5-year terms.

Compare GICs

Rates updated:

  • No Results
Viewing
GICs for a term of
with a balance of
  1. 4.45%$1,216 total return based on$5,000 investment
    Term
    5 Years
    Type
    Non-registered
    Minimum investment
    $100
  2. Featured

    4.75%$1,306 total return based on$5,000 investment
    Term
    5 Years
    Type
    Non-registered
    Minimum investment
    $100
  3. Featured

    4.55%$1,246 total return based on$5,000 investment
    Term
    5 Years
    Type
    Non-registered
    Minimum investment
    $1,000
  4. Featured

    4.50%$1,231 total return based on$5,000 investment
    Term
    5 Years
    Type
    Non-registered
    Minimum investment
    $1,000

5-year non-registered GIC are not not held in a registered account with the Canadian federal government, meaning it does not offer tax-free growth like registered GICs. Registered accounts include TFSAs, RRSPs and FHSAs. 

The typical interest rate for a 5-year non-registered GIC in Canada can vary depending on the financial institution. 

For 5-year registered GIC rates to hold in accounts like TFSAs, RRSPs and other government accounts, read our guide to the best 5-year registered GICs.

FAQ

How do 5-year non registered GICs work?


What is the best 5 year GIC in Canada?


How should you use a 5-year GIC?


More GIC types and terms

The type of GIC you choose depends on your situation and financial goals. There are a variety of term lengths and account types to choose from. Read more about popular GIC types in Canada:

To help you decide which GIC is right for you, read our guide to the different types of GICs in Canada.

The bottom line

Remember to consider the interest rate, term length, flexibility, and CDIC coverage when choosing the right GIC for you. With the right investment strategy, you can secure your financial future and enjoy guaranteed returns. By choosing one of the best 5 year non-registered GIC rates mentioned in this article, you can get the most out of your investment and achieve your financial goals.

The best overall GICs in Canada

Making dollars make sense

explore more articles

A few things we're proud of

  • 1,200,000

    monthly users

  • 11 years

    young

  • Over 1M

    better choices made

  • Trusted partner

    to Canada’s top financial institutions

The knowledge bank

A wealth of knowledge delivered right to your inbox.

By submitting your email address, you acknowledge and agree to Ratehub.ca’s Terms of Use and Privacy Policy. Contact us for more information. You can unsubscribe at any time.

About Ratehub.ca

Whether you need a mortgage, credit card, savings account, or insurance coverage, we help you find and compare the best financial products for your specific needs.

When it comes to mortgages, Ratehub.ca is more than just a place to research and compare the best rates. Our goal is to give Canadians the best mortgage experience from online search to close. This means offering Canadians the mortgage tools, information and articles to educate themselves, allowing them to get personalized rate quotes from multiple lenders to compare rates instantly, and providing them with the best online application and offline customer service to close their mortgage all in one place.

Ratehub.ca has been named Canada's Mortgage Brokerage of the Year for four years straight (2018-2021). With over 12 years of mortgage experience, and over $11 billion in mortgages funded, we deliver you the best mortgage experience in Canada.

How does Ratehub.ca make money?

Financial institutions pay us for connecting them with customers. This could be through advertisements, or when someone applies or is approved for a product. However, not all products we list are tied to compensation for us. Our industry-leading education centres and calculators are available 24/7, free of charge, and with no obligation to purchase. To learn more, visit our About us page.

read more about us