Reviewing Equitable Bank GIC Rates in April 2025

Investors in Canada seeking stability for their savings often turn to Guaranteed Investment Certificates (GICs) as a secure investment option. They typically yield a bit more than treasury bills and don’t fluctuate in price. 

Equitable Bank, a notable online bank in Canada and what I view to be one of the best banks in the country, offers various GIC products designed to meet the needs of savers looking for competitive rates and flexible terms.

In fact, I’d argue they have one of the most comprehensive suites of GIC products out there, and some of the best GIC rates in Canada.

Their GIC portfolio includes options for short-term savings goals as well as longer-term investment plans, catering to a multitude of investors.

Equitable Bank’s GIC rates are structured to offer attractive returns, combining security with profitability. The fact they are an online bank allows them to operate with lower overhead and tighter spreads. So, you’ll often see the bank offer better rates than major institutions like Royal Bank and Scotiabank.

In addition, the bank is a member of the Canada Deposit Insurance Corporation (CDIC), meaning your GICs will be insured up to $100,000 in the case the bank defaults.

Let’s go over the best Equitable Bank GIC rates you can get right now.

The best Equitable Bank GIC rates

Short-Term GICs