Best 5-Year TFSA GIC Rates

Rates subject to change, updated:

We compare what all the banks and lenders offer, to bring you the best TFSA GIC rates in Canada. Once you’ve found the rate you want, we’ll help walk you through the process of making your initial investment. Keep reading to find out what the benefits of holding GICs in your TFSA are.

Did you know that rates differ significantly between financial institutions, and within the various channels / methods where you purchase? Browse our Education Centre to learn about the GICs that best suit your saving needs.

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Location Please ensure your location is correct in order to find the best rates available in your area.
Note: CDIC (a federal Crown Corporation) covers eligible deposits up to a maximum of $100,000 (principal and interest combined) per depositor per member institution. Visit CDIC.ca to learn more.

Update results

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Location Please ensure your location is correct in order to find the best rates available in your area.
Note: CDIC (a federal Crown Corporation) covers eligible deposits up to a maximum of $100,000 (principal and interest combined) per depositor per member institution. Visit CDIC.ca to learn more.

Update results

Hit enter or click outside the box to refresh your results
Location Please ensure your location is correct in order to find the best rates available in your area.
Note: CDIC (a federal Crown Corporation) covers eligible deposits up to a maximum of $100,000 (principal and interest combined) per depositor per member institution. Visit CDIC.ca to learn more.

Update results

Hit enter or click outside the box to refresh your results
Location Please ensure your location is correct in order to find the best rates available in your area.
Note: CDIC (a federal Crown Corporation) covers eligible deposits up to a maximum of $100,000 (principal and interest combined) per depositor per member institution. Visit CDIC.ca to learn more.
Rate Provider CDIC insured How to buy Total return
2.48% Yes Various $620.00 Get this rate Get more details
[min-return-title] View details Yes No How to buy
Get this rate

About National Bank

National Bank is the sixth largest bank in Canada. Additionally, National Bank’s GIC rates are competitive against Canada’s major banks. As a client, you’ll find that the bank’s financial services are supported by brick-and-mortar branch locations, in addition to online banking.


National Bank’s GIC rates

As one of Canada’s larger banks, National Bank offers a wide range of guaranteed investment certificates (GICs). Its products include fixed-rate and market-linked GICs, as well as a combination of redeemable and non-redeemable GICs. Term dates for each of National Bank’s GICs can vary from 30 days to five years. The interest rates for both National Bank’s non-registered and registered GICs are comparable with those offered by Canada’s Big Five banks. While the minimum investment for National Bank’s non-registered GICs is $1,000, it’s only $500 for a GIC in an registered retirement savings plan (RRSP) or a registered retirement income fund (RRIF).


Compare other National Bank products

Besides GICs, National Bank offers a number of banking products. Some of these include chequing and savings accounts, personal loans and mortgages, credit cards, and insurance.


Get the best GIC rates

Looking for the top GIC rates in Canada? National Bank offers rates comparable with the major banks but that shouldn’t stop you from searching for the rates that best serves your needs. You can start your search with our GIC comparison tools, which will help you find the best GIC rates from providers across Canada.


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