National Bank of Canada 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer

National Bank of Canada4.0/5

Interest Rate
3.97%
Term
5 years
Minimum Deposit
CA$500
Promotion
N/A
Apply Now →on National Bank of Canada's website

National Bank of Canada offers a competitive 5-year GIC rate of 3.97%, along with market-linked options that provide potential for higher returns. This flexibility makes it an appealing choice for investors looking for both security and growth.

Pros:

  • Market-linked options available
  • Principal protection

Cons:

  • Higher minimum deposit
  • Rates can vary

In summary, the National Bank of Canada's 5-year GIC at 3.97% is well-suited for conservative investors who prioritize capital security while still seeking the potential for growth through market-linked options. With a low minimum deposit of CA$500, it offers an accessible investment opportunity for a wide range of savers.

Frequently Asked Questions

Compare GIC Rates

Summary of all rates from our gic rate pages. Click column headers to sort.

Provider ↕Rate ↓Term ↕Min Deposit
National Bank of Canada3.97%5 yearsCA$500Learn more
Achieva Financial3.85%5 yearsCA$1,000Learn more
EQ Bank3.85%5 yearsCA$100Learn more
WealthONE3.80%5 yearsCA$1,000Learn more
Saven Financial3.80%5 yearsCA$1,000Learn more
MCAN Wealth3.80%5 yearsCA$1,000Learn more
Oaken Financial3.75%29 monthsCA$1,000Learn more
Hubert Financial3.70%5 yearsCA$1,000Learn more
Lighthouse Credit Union3.60%5 years—Learn more
LBC Digital2.50%6 monthsCA$100Learn more

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