Scotiabank GIC 2026 Review

Interest Rate
3.35%
Term
2 years
Minimum Deposit
CA$500
Promotion
N/A
Apply Now →on Scotiabank GIC's website

Scotiabank provides a diverse range of GIC options with terms from 30 days to 10 years, catering to various investment needs. Their premium banking bundles offer enhanced rates, making them a versatile choice for customers.

Pros:

  • Variety of terms
  • Access to premium rates with bundles

Cons:

  • Higher minimum deposit compared to others

In conclusion, Scotiabank GICs, with their competitive 3.35% rate for a 2-year term and a minimum deposit of CA$500, are ideally suited for conservative investors seeking stability and flexibility in their savings strategy. Their extensive range of options and premium banking benefits make Scotiabank a strong contender for anyone looking to grow their wealth securely.

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
WealthONE Bank of Canada4.05%5 yearsCA$1,000Learn more
EQ Bank4.00%5 yearsCA$100Learn more
Scotiabank4.00%1 yearCA$500Learn more
MCAN Wealth4.00%5 yearsCA$1,000Learn more
Achieva Financial3.85%5 yearsCA$1,000Learn more
Tangerine3.75%5 yearsCA$0Learn more
Hubert Financial3.45%1 yearCA$1,000Learn more
RBC Royal Bank3.10%2 yearsCA$500Learn more
CIBC2.50%6 monthsCA$1,000Learn more
TD Canada Trust2.05%6 monthsCA$5,000Learn more

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