Which canadian bank offers the best guaranteed investment certificates (gics) for 1 year07.08.2018
Bankchart.ca has surveyed the terms of guaranteed investment certificates (gics) for 1 year in the national currency. The survey covered all the deposits with any form of interests repayment, regardless of the replenishment option or the deposit partial withdrawal option. Our website's analysts have studied the loan offers from all canadian banks, which place rates on their websites. Review date - 07.08.2018
As of 01 August 2018 the deposits under review have been offered by 14 banks. The average interest rate under such deposits equals 1,35 % p.a. The total number of the deposits programs available for the specified terms is 80.
The maximal return among the deposits under review is offered by Tangerine Bank. The interest rate under "GIC" deposit program constitutes 2,50 % p.a. The table below shows the best offers by each bank selected by Bankchart.ca (in terms of profitability) for the aforementioned terms.
The TOP -14 guaranteed investment certificates (gics) for 1 year, as of 01 August 2018
rate type: fixed
interest periodicity: annually
minimum sum: $ 500,00
rate type: fixed
interest periodicity: at maturity
minimum sum: $ 0,00
rate type: fixed
interest periodicity: annually
minimum sum: $ 1 000,00
rate type: fixed
interest periodicity: annually
minimum sum: $ 2 500,00
rate type: fixed
interest periodicity: annually
minimum sum: $ 1 000,00
rate type: fixed
interest periodicity: at maturity
minimum sum: $ 1 000,00
rate type: fixed
interest periodicity: at maturity
minimum sum: $ 0,00
rate type: fixed
interest periodicity: at maturity
minimum sum: $ 2 500,00
rate type: fixed
interest periodicity: at maturity
minimum sum: $ 0,00
rate type: fixed
interest periodicity: Semi-Annual
minimum sum: $ 0,00
rate type: variable
interest periodicity: at maturity
minimum sum: $ 1 000 000,00
rate type: fixed
interest periodicity: at maturity
minimum sum: $ 500,00
rate type: fixed
interest periodicity: at maturity
minimum sum: $ 500,00
To view the up-to-date rating of the deposits at our website here.
Published: 07 August 2018
Author: Prostobank Consulting
Source: https://bankchart.ca