1,91 % p.a. is the maximal interest rate under the business GICs for 3 months - 11.09.2019

Bankchart.ca has surveyed the terms of obtaining business GICs for 3 months 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 deposit offers from all Canadian banks, which place rates on their websites. Review date - 11.09.2019

As of 05 September 2019 the deposits under review have been offered by 5 banks.  The average interest rate under such deposits equals 0,52 % p.a. The total number of the deposits programs available for the specified terms is 19.

The maximal return among the deposits under review is offered by Canadian Western Bank. The interest rate under "Short-term GICs" deposit program constitutes 1,91 % 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-5 business gics for 3 months, as of 05 September 2019

#

Name

Interest Rate

1

1,91

interest rate, %

rate type

fixed

interest periodicity

at maturity

minimum sum

$ 5 000,00

2

1,60

interest rate, %

rate type

variable

minimum sum

$ 0,00

3

0,70

interest rate, %

rate type

fixed

minimum sum

$ 0,00

4

0,50

interest rate, %

rate type

fixed

minimum sum

$ 0,00

5

0,35

interest rate, %

rate type

fixed

interest periodicity

at maturity

minimum sum

$ 100 000,00

To view the up-to-date rating of the deposits at our website here.

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