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Compare the best RBC GICs

Compare the best RBC GIC rates and choose the best type and term options for you.

The best overall GICs in Canada

About RBC

Royal Bank of Canada (RBC) is one of the Big Five banks in Canada. While you can get savings and chequing accounts from RBC, you can also open investment accounts. Moreover, RBC has the largest branch and automated banking machine network across banks in Canada. RBC also offers online, mobile, and telephone banking to support its personal banking products and services.

RBC's GIC rates

RBC’s guaranteed investment certificate (GIC) rates are comparable to GIC rates from other major banks in Canada, but remain relatively competitive nonetheless. RBC offers both redeemable (cashable) and non-redeemable (non-cashable) GICs. When selecting a non-redeemable GIC, which pays you interest at its maturity date, you can select a short-term investment period of less than 364 days. If you choose to have your interest paid out to you annually, semi-annually or monthly, longer term lengths between one to 10 years can be chosen. These payout conditions apply to both RBC’s non-redeemable and redeemable GICs.

Compare other RBC products

Like other major banks in Canada, RBC offers personal banking products, such as savings and chequing accounts, mortgages, and credit cards. If you’re searching for a savings account, RBC offers a variety of accounts with tiered and fixed savings rates.

Natasha Macmillan, Business Director of Everyday Banking

With over a decade of experience in the finance industry, Natasha works closely with Canada's top financial institutions - from banks to credit unions - to help's 1,200,000 monthly users get matched with the right banking products. read full bio

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